Tengrinews TV Радио Tengri FM Радио Жұлдыз FM Laws of Kazakhstan
KZ RU EN
Write us +7 (727) 388 8020 +7 (717) 254 2710
искать через Tengrinews.kz
искать через Google
искать через Yandex
USD / KZT - 334.89
EUR / KZT - 361.61
CNY / KZT - 48.70
RUB / KZT - 5.28

Banks’ milder policies boost interest to retail loans: National Bank Governor Gregory Marchenko

11 july 2011, 15:44
0
Gregory Marchenko. By Vladimir Dmitriev ©
Gregory Marchenko. By Vladimir Dmitriev ©
Kazakhstan’s National Bank Governor Gregory Marchenko assigns growing interest to retail loans to milder policies practiced by banks in Kazakhstan. He said about that during the on-line conference at Profinance.kz July 8.

“Retail lending has been on the rise because banks have been practicing a bit milder policies. This was coupled with pent up demand (…) If banks practice cautious approach when selecting eligible borrowers, a wave of defaults is unlikely to happen”, Marchenko believes.

Banks’ loan portfolios as of the June 1 made up $63.2 billion, growing by $1.14 billion from the start of the year.


Нравится
Add comment
Most Read
Most Discussed