Kazakhstan's 'Otbasar Bank' and Ulytau Region to Allocate 3 Billion Tenge Annually for Housing

Kazakhstan's 'Otbasar Bank,' a subsidiary of 'Baiterek' Holding, and the Ulytau regional administration have signed a memorandum to jointly finance housing programs from 2027 to 2029. The bank will contribute 2.5 billion tenge annually, and the regional administration 500 million tenge, to provide affordable loans for residents. This aims to help locals purchase housing and settle in the region.

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