11 July 2011 | 15:44

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

ПОДЕЛИТЬСЯ

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.


Иконка комментария блок соц сети
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.
Читайте также
Join Telegram
Kazakhstanis advised to leave Ukraine
Sirens to sound throughout Kazakhstan
COVID-19 may shrink cancer tumors
Earthquake struck Kyrgyzstan overnight
Apple stops making popular device
Kazakhstan may have its own Antalya
How Tokayev was greeted in Serbia
Abkhazia's president signs resignation
How Kazakhstanis will rest in December
Лого TengriSport мобильная Лого TengriLife мобильная Иконка меню мобильная
Иконка закрытия мобильного меню

Exchange Rates

 494.98   521.17   4.92 

 

Weather

 

Редакция Advertising
Социальные сети