The EBRD is providing USD 3mn loan in local currency to MCO Arnur Credit for on-lending to SMEs and individual entrepreneurs in Kazakhstan. The funds will help Arnur Credit to expand its lending portfolio to rural areas. Arnur Capital is headquartered in Shymkent and is one of the leading micro finance organizations in Kazakhstan. The EBRD has invested USD 6.15bn into various projects in Kazakhstan since beginning its operations in the country. |
Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more
Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more
Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more