Under this project EBRD provides a 3-year local currency senior loan in the amount of up to US$ 30 million in KZT equivalent to Bank CenterCredit JSC ("BCC").
The Project aims to support local currency lending to the MSME sector in Kazakhstan by providing long-term financing to BCC, one of the largest lenders in the country. A special focus will be given to the distribution of funds in the regions outside the cities of Nur-Sultan and Almaty.
BCC is the 5th largest bank (out of 26) in Kazakhstan with total assets of US$ 4.4 billion,equity of US$ 313 million and market shares of 5.9 per cent in total assets, 7.1 per cent in customer loans and 5.5 per cent in deposits as of late 2020. The bank offers a wide range of retail, corporate and MSME products via its distribution network of 19 branches and 117 outlets in 18 cities and rural settlements of Kazakhstan.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||BANK CENTERCREDIT JSC||Client||Finance|
COMPANY CONTACT INFORMATION
Zaure Salimbayevafi@bcc.kz+7 (727) 259 85 46www.bcc.kz38 Al-Farabi Avenue, Almaty, 050059, Kazakhstan
ACCESS TO INFORMATION
You can request information by emailing: firstname.lastname@example.org or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: email@example.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html