Eurasian Bank Drew Funds within Hypothecary Loans Program Refunding
OREANDA-NEWS. May 15, 2009. Eurasian Bank (Almaty), securities of which are present in Kazakhstan Stock Exchange (KASE) official list, informed KASE that it drew government funds within hypothecary loans program refunding ahead of schedule, reported the press-centre of KASE.
Within this program implementation, 1199 clients addressed Eurasian Bank with an application to refund hypothecary loans to the amount of KZT3.9 bn. as a result Eurasian Bank refunded loans of 866 clients to the amount of KZT3 bn.
Considering 100 percent drawing of allocated funds and its clients applications, Eurasian Bank requested NFW Samruk-Kazyna to allocate additional funds for the maximum satisfaction of the population needs in hypothecary loans refunding.
We remind that in November 2008 Eurasian Bank released the large group of its borrowers out of vuknerable populations from interest payment on hypothecary loans. In particular, in the action participated employees ofgovernment educational and healthcare institutions.
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