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06/25/2024 14:12:00

Baiterek Holding launches 100 billion tenge leasing program for farmers

29.12.2020

Baiterek Holding attracted another bonded loan to finance the Employment Roadmap

Baiterek Holding attracted another bonded loan to finance the Employment Roadmap

On December 29, 2020, Baiterek National Management Holding JSC, as part of the implementation of the Employment Roadmap for 2020-2021, attracted a bond loan from a subsidiary of the National Bank of the Republic of Kazakhstan, Kazakhstan Sustainability Fund JSC, in the total amount of 100 billion tenge.

These funds were used to purchase bonds of akimats of regions, cities of republican significance through JSC “IO“ Kazakhstan Mortgage Company ”. So, at the expense of previously allocated funds within the framework of the Employment Roadmap, more than 200 thousand jobs were provided.

To date, local executive bodies have been financed for a total of 700 billion tenge.

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