Kazakh MP Questions Banks' Insufficient Lending to Businesses
A Member of Parliament in Kazakhstan has questioned why banks are not sufficiently financing businesses. The MP noted that banks prefer low-risk, high-yield state instruments over business loans, leading to high interest rates for companies. The government is urged to investigate why funds in the banking system are not directed towards long-term business lending.
Headline and summary written by daryo. The full report belongs to LS.