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:
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
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
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.