/KASE, April 16, 15/ – Halyk Savings Bank of Kazakhstan JSC (Almaty), whose
securities are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with the following press-release:
quote
Halyk Savings Bank of Kazakhstan JSC continues to provide mortgage
loans at reduced rates at the level of 2011. The Bank plans to take an active
part in the state program to refinance mortgage loans, implemented by
Halyk Savings Bank of Kazakhstan JSC and Distressed Assets Fund JSC."
The Bank offers reduced rates on mortgage loans in tenge for the lending period
of up to 30 years.
Thus, the mortgage program rates start from 12.5% (annual effective interest
rate – from 14.3%); and the program to refinance mortgage loans received from
other commercial banks, the rates start from 11.5% per annum.
unquote
The full version of the press-release is available on KASE website in Russian at
http://www.kase.kz/files/emitters/HSBK/hsbk_reliz_160415.pdf
[2015-04-16]