The People’s Bank of Kazakhstan and Forte Bank joined 7-20-25

For the purpose of mortgage lending of objects of the secondary housing market, Baspana launches a new product - Baspana Hit.

“From September 11, the People’s Bank of Kazakhstan and Forte Bank joined 7-20-25. Thus, applications are accepted by 7 partner banks: Bank Centercredit, ATFBank, Tsesnabank, Bank RBK, Eurasian Bank, Halyk Bank and Forte Bank, ”said Kairat Altynbekov, Chairman of the Board of Baspana Mortgage Company JSC, at a press conference .

Along with this, he said that for the purpose of mortgage lending objects of the secondary housing market, Baspana is launching a new product - Baspana Hit.

“The initial payment is 20%, the annual rate - the base rate of the National Bank + 1.75%. Loan term up to 15 years. Taking into account the fact that at present the base rate of the National Bank is 9%, the annual rate on the product of Baspana Hit is calculated at 10.75%, ”Altynbekov informed.

“In order to increase the number of proposals for primary housing, the Mortgage Organization Baspana (hereinafter referred to as Baspana) is considering the possibility of allocating 150 billion tenge to the local executive bodies (hereinafter IOI) for the construction of housing from 7-20-25,” the speaker informed.

By: Kymbat Kali