Some regions of Kazakhstan have faced devastating floods this year. Currently, representatives of socially responsible businesses, including JSC 'Nurbank', are actively helping to mitigate the consequences of the floods. The allocated funds will be directed to meet the needs of the flood-affected areas.
The Turkestan region is one of the leading regions in the country in terms of birth rates and the number of large families. The persistent positive demographic growth worsens the acute shortage of kindergartens and schools.
In November 2023, the volume of deposits in Kazakhstan set a new record, reaching 32.2 trillion tenge, which was +0.5% compared to October and +9.1% year-on-year. The amount of household deposits accounts for 17.3 trillion tenge of the total.
The workload of public utilities increases manifold in winter. Despite the frosts and bad weather, thousands of employees go on duty every morning to clear the snow and ice that formed overnight. All this is to ensure we can move safely and comfortably around the city.
Development Bank of Kazakhstan JSC (a subsidiary of JSC 'National Management Holding Baiterek', hereinafter — DBK, Bank), jointly with Nurbank JSC and Bank CenterCredit JSC, have signed a trilateral agreement of intent to provide financing as part of a syndicated loan to RG Brands Kazakhstan LLP.
Domestic banks actively support government programs aimed at business development. The most significant social and economic projects are being implemented in collaboration with the 'Damu' Fund.
Gulnara Musataeva, head of Nurbank, explained why the bank lends to corporate clients and SMEs, as well as its intention to engage in syndicated lending.
Loan refinancing is the most versatile method to reduce debt burden or consolidate multiple loans into one for easier repayment, plus take an additional amount.
