ASTANA. May 21. KAZINFORM The Halyk Bank of Kazakhstan JSC has utilized the funds allocated by the Samruk Kazyna National Welfare Fund JSC for financing of small and medium businesses successfully and in advance, the press service of the Bank said. The funds have been allocated under the joint program with the Damu Entrepreneurship Development Fund.
Chairman of the Board of the Bank Umut Shayakhmetov said that successful and advanced accomplishment of the program became possible due to the thoroughly elaborated business-processes of the Bank which ensure prompt procession of applications.
In the first decade of March the Government allocated KZT 240 bln to 12 banks, KZT 11.7 bln of which were allocated to the Halyk Bank.
Resourse: KAZINFORM