Business lending in Kazakhstan is growing, but new borrowers are unlikely, says analyst
Business lending in Kazakhstan is expected to continue growing, potentially accelerating by year-end, according to analyst Ramazan Dosov. While the credit portfolio increased in August, the number of businesses seeking loans remains stable. A decrease in funding costs due to the National Bank's reduced base rate may support lending conditions.
Headline and summary written by daryo. The full report belongs to LS.