INFOGRAPHICS: Development of SMEs in manufacturing industry

Thus, on April 17, JSC "National Holding" Baiterek" and its subsidiary JSC "Entrepreneurship Development Fund "Damu" signed agreements with 13 second-tier banks on allocation of 100 billion tenge for the financing of small and medium-sized businesses in the manufacturing industry.

50 billion tenge will be allocated for the financing of new projects of small and medium-sized businesses, including 25 billion tenge on food production. Other 50 billion tenge will be used to refinance loans given to SMEs in the manufacturing industry.

Entrepreneurs, implementing projects in the manufacturing industry, can get loans on the following conditions: financing limit - up to 1.85 billion tenge, interest rate - 6% per annum.