Kazakhstan Sees Slight Decrease in Large Business Bank Lending
Lending to large businesses in Kazakhstan has slightly decreased over the past year. As of October 1st, large businesses owed banks 6.9 trillion tenge, a 2.8% drop. Small and medium-sized businesses, however, increased their borrowing by 22.9% to 12.9 trillion tenge. Almaty remains the largest borrower, followed by Astana and Shymkent.
Headline and summary written by daryo. The full report belongs to LS.