Astana. August 19. Kazakhstan Today - JSC Company Fund of Steady Development Kazyna allocates 10 billion KZT for realization of the program of direct crediting of profitable investment projects of small and medium business (SMB) on favorable terms. The chairman of the board of JSC Company Kazyna, Armand Dunayev, informed during the selector government meeting on Monday, the agency reports. "As of today, only 3 banks of the second level participate in the program of SMB financing in the regions, but despite of it, Kazyna and the Fund of Business Development Damu have offered and have already begun and approved all the necessary normative documents and programs of direct crediting for financing profitable of investment projects of legal entities of small and medium business in processing industry, transport and communication under preferential rate at the level of the rate of refinancing of the National Bank," A. Dunayev said.