"KazAgro" National holding stops applications submission from banks for financing of sowing works
"KazAgro" National management holding" JSC in connection with excess of applications amount for allocated sum informs about stoppage of applications submission from second-tier banks for funding to finance spring sowing 2015 from the budgetary loan. deadline for applications receipt – February 13, 2015.
We remind, to carry out actions to support agribusiness complex entities "KazAgro" National management holding is planned to allocated budgetary loan in sum of 60 billion tenge.
At present, applications are accepted from 10 second-tier banks for total sum of 86.9 billion tenge.
In 2014 for financial assets in amount of 20 billion tenge allocated to second-tier banks to support sowing campaign, disbursement and repayment amounted to 100%.