Baspana Mortgage Organization presented the 2019 Leader nomination to Sberbank Kazakhstan

/KASE, November 4, 2019/ – Subsidiary Bank Sberbank of Russia (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated November 4, 2019: quote The national mortgage program operator Baspana determined the best partner banks under residential programs 7-20-25 and Baspana Hit this year. The highest nomination 2019 Leader was awarded to Sberbank Kazakhstan. “Sberbank is dynamically operating in the residential market and actively cooperating with Baspana Mortgage Organization. And this award is a great honor for Sberbank. We thank our partners for recognizing our high results. To date, we have reviewed a large number of mortgage applications, due to which more than 10 thousand Kazakhstani families have found their own housing”, - Nikolay Suganyaka, Managing Director for Retail Sales of SB Sberbank JSC, commented on the received nomination at the award ceremony. According to information provided by Baspana Mortgage Organization, the share of Sberbank Kazakhstan was 30% under 7-20-25 program in the market. The Bank is in the lead with a share of 58% under Baspana-Hit program. The closest indicators in the general table belong to Bank CenterCredit JSC with shares of 47 and 22 percent, respectively. In comparison with the regions of the country, the largest number of applications under 7-20-25 residential program was approved by Sberbank in the city of Nur Sultan - 931 borrower received apartments under this privileged program, while the total amount of loans issued amounted to 11.9 billion tenge. Almaty (295 applications) and Aktobe (161 application) ranked the second and third in this table. The leader was also the capital of the republic under Baspana-Hit program with an indicator of 1,710 applications totaling 17.9 billion tenge. In Ust-Kamenogorsk 1,212 borrowers became owners of their own housing, followed by residents of Karaganda who submitted a little more than a thousand applications for apartments. “Given the total number of residential loans issued by our managers, we can say that every second apartment issued by Kazakhstanis under the state-owned residential programs 7-20-25 and Baspana Hit was purchased through our bank”, - Nikolay Suganyaka, Managing Director for Retail Sales of SB Sberbank JSC, said. unquote [2019-11-04]