Program on reduction of mortgage loans cost starts from tomorrow: Prime Minister
ASTANA. February 10. KAZINFORM /Aigul Tulekbayeva/ Program on reduction of mortgage loans cost will start tomorrow, Kazinform reports. «Beginning from tomorrow people who have mortgage loans can apply to authorized banks, defined by «Samruk Kazyna» National Welfare Fund. If your housing is less than 120 sq m, the only one you own and if you are off - budget employee you can switch your loan into tenge by 11% and by 9% if you are a civil servant», Kazakh Prime Minister Karim Massimov said at the session of the Kazakh Government. Small and middle business lending time schedule and volumes extended: K.Massimov ASTANA. February 10. KAZINFORM /Aigul Tulekbayeva/ “ Time schedule and volumes of lending of small and middle business were extended”, Kazakh Prime Minister Karim Massimov has said today at the session of the Kazakh Government, Kazinform reports. “It has been decided today that the rate of lending to small and middle business will not increase 12.5% per annum”, the Head of the Government said. According to him, the credit payment period was extended to 7 years, the volume – by KZT 750 mln.