'The Women's Entrepreneurship Finance Code' (WE Finance Code) is a global initiative implemented in more than 30 countries to expand access to finance for women who manage and own businesses. Nurbank is one of the first banks in Kazakhstan to join the WE Finance Code. A celebratory event marking this significant occasion took place on April 3, 2026, with the support of AFK, ARRF, EBRD, and Atameken NPP.
Nurbank's attention to such an initiative is a logical continuation of its consistent work in supporting women's entrepreneurship. The bank's product line includes the 'Business Khanum' program, whose key advantage is an attractive reward rate and more lenient loan security requirements. Additionally, until May 1, 2026, Nurbank offers female entrepreneurs up to an additional 2% on the reward rate for specific deposits for newly opened accounts of legal entities and individual entrepreneurs with terms up to 12 months. Nurbank also assists women entrepreneurs within the framework of state business support programs through the Damu Fund and continuously conducts activities to raise financial literacy among women entrepreneurs with the involvement of the expert community.
— Our focus on women's entrepreneurship is based on data analysis, — commented Gulnara Musataeva, Chairperson of Nurbank's board. — Practice shows that women make more balanced and systematic decisions, which directly affects the quality of credit servicing. This segment demonstrates high discipline. By developing targeted support tools, Nurbank not only contributes to the growth of Kazakhstan's economy but also approaches risk acceptance in a balanced manner.
According to statistics, as of December 2025, there are more than 1 million women leaders of small and medium-sized businesses registered in Kazakhstan, accounting for 48.1% of the total number of SMEs. Women's entrepreneurship is not just a sustainable trend but a integral position in the development of Kazakhstan's entrepreneurial base. Therefore, supporting women in business is not only an investment in specific projects but also a significant contribution to the country's stable economic development.
— Nurbank evaluates business potential first and foremost, not gender, — noted Alexey Mazhuga, Deputy Chairperson of Nurbank's board. — Market data analysis helps us understand the real needs of women in business and offer solutions that will work for their success here, now, and in the future. At the same time, we consider the need for more flexible services, taking into account the high social burden on women.