Kazakhstan • 06 January, 2020

The National Bank announces the reorganization of "Baspana"

0 timeviewed

The National Bank of Kazakhstan, as the sole shareholder, has decided to voluntarily reorganize JSC "Kazakhstan stability fund" in the form of joining it JSC "Mortgage organization "Baspana". 

"The reorganized company will maintain the activities of JSC "Mortgage organization "Baspana" and JSC "Kazakhstan stability fund": promotion of financial stability of the banking sector through financial support of second-tier banks; implementation of the state program for refinancing mortgage housing loans (mortgage loans), as well as the implementation of the functions of the operator of the program of mortgage housing lending "7-20-25. New opportunities to purchase housing for every family" and the market mortgage product "Baspana hit" with the implementation of the redemption of the rights of claim for mortgage housing loans issued by second-tier banks in accordance with the programs, " the regulator said.

As noted in the National Bank, the reorganization will improve the efficiency of using the assets of JSC "Mortgage organization "Baspana" and JSC "Kazakhstan Stability Fund" in order to develop the banking sector and increase the availability of mortgage loans for the population.

Last news

"Astana" flies to Portugal for training

Sport • 16 January, 2020

New buses begin hitting the streets of Almaty

Kazakhstan • 16 January, 2020

Russian government resigns

World • 16 January, 2020

Qatar Airways opens flights to Kazakhstan

Kazakhstan • 13 January, 2020

Youth Olympic games kicks off in Lausanne

Sport • 10 January, 2020

Ukrainian passenger plane crashes in Iran

World • 08 January, 2020

When does Ramadan begin in 2020?

Lifestyle • 06 January, 2020

Yelzhan Birtanov on Social Health Insurance

Society • 06 January, 2020

President receives Prime Minister Askar Mamin

President • 31 December, 2019

Similar news