📋 Tender Overview
Location: Kazakhstan
Project number: 55479
Business sector: Financial institutions
Notice type: Private
Environmental category: FI
EBRD Finance Summary: USD 30,000,000.00
Total Project Cost: USD 30,000,000.00
Project Description
The provision of a 3-year senior loan in the amount of up to US$ 30 million in KZT equivalent to Bank CenterCredit JSC ("BCC") under the Financial Intermediaries Framework ("FIF", OpId 47424). The financing will be used for on-lending to eligible private micro, small and medium enterprises (MSMEs) in Kazakhstan.
Project Objectives
The Project will support local currency lending to the MSME sector in Kazakhstan by providing term-financing to BCC, one of the largest lenders in the country. A special focus will be given to the distribution of funds in regions outside the cities of Astana and Almaty.
Transition Impact
The Project will promote prudent commercial risk-based lending to private MSMEs in Kazakhstan and support further diversification of BCC's funding base. The Project will also focus on the regional outreach and attracting new MSME clients.
