The first 1000 millions of military service men received privileged loans from HCSBK
2 November 2018
The amount of issued loans was equal to 16 billions of KZT. Loans for purchasing of own housing were issued to military service men at the rate of 6% to 8% per annum within frames of the special “military product”. HCSBK launched it this year with the purpose of supporting military service men. The first loan was issued on the 5th of September 2018.
Privileged loans, which HCSBK offered to defenders of the Fatherland, are divided in three types and depend on candidate's savings amount and on selected housing.
Thus, loans for purchase of housing on the secondary market are in the greatest demand with the military service men. In order to receive such a loan it is necessary to have initial contribution equal to 20% and the person can claim for a loan at 8% per annum. The bank has issued already 427 loans in this direction.
The second place by demand take loans for purchasing of housing on primary market in case they have the initial contribution in the amount of 5% of apartment cost. In this case the military service man can receive a loan at the rate of 7% per annum. 338 persons availed themselves of such an opportunity.
Total of 32 loans were issued in the third direction, where in case they had 20% of housing cost available a person could receive a loan at the rate of 6% per annum.
Additional 218 loans were issued within frames of refinancing of employees of special state authorities.
700 more applications in the amount of 10.5 billions of KZT are currently processed in HCSBK. It is planned to issue loans totally to 6000 military service men by the end of the year. For this purpose the bank allocated 74 billions of KZT from own funds.
-Those military service men, who were not included into this pull, can continue to save up money on accounts in HCSBK. With this purpose the bank created the most comfortable and secure conditions for them. The main thing is that a special status and guarantee of inviolability are assigned to all savings of military service men. These funds shall not be subject to deduction to the budget, they may not be arrested, and any other second tier bank may not issue payment demands for this money with the purpose of cancellation of overdue loan. Also it is important that in case of saving up the effective rate under military service men's deposits may reach 13.3% per annum. When issuing a loan HCSBK applies simplified analysis of solvency confirmation. When assessing solvency the bank does not consider expenses on family and liabilities in other second tier banks, - Chairperson of HCSBK– Lyazzat Ibragimova – explained the advantages of savings. Altogether 13 thousands of military service men wished to participate in the first stage of the new housing program. Those, who collected the greatest number of scores, were accepted to the pull; the number of scores was influenced first of all by the period of military service.
There are around 70 000 military service men in Kazakhstan, who receive housing payments. This means that they do not have their own housing. HCSBK intends to solve their housing issue within 5-6 years.
Privileged loans, which HCSBK offered to defenders of the Fatherland, are divided in three types and depend on candidate's savings amount and on selected housing.
Thus, loans for purchase of housing on the secondary market are in the greatest demand with the military service men. In order to receive such a loan it is necessary to have initial contribution equal to 20% and the person can claim for a loan at 8% per annum. The bank has issued already 427 loans in this direction.
The second place by demand take loans for purchasing of housing on primary market in case they have the initial contribution in the amount of 5% of apartment cost. In this case the military service man can receive a loan at the rate of 7% per annum. 338 persons availed themselves of such an opportunity.
Total of 32 loans were issued in the third direction, where in case they had 20% of housing cost available a person could receive a loan at the rate of 6% per annum.
Additional 218 loans were issued within frames of refinancing of employees of special state authorities.
700 more applications in the amount of 10.5 billions of KZT are currently processed in HCSBK. It is planned to issue loans totally to 6000 military service men by the end of the year. For this purpose the bank allocated 74 billions of KZT from own funds.
-Those military service men, who were not included into this pull, can continue to save up money on accounts in HCSBK. With this purpose the bank created the most comfortable and secure conditions for them. The main thing is that a special status and guarantee of inviolability are assigned to all savings of military service men. These funds shall not be subject to deduction to the budget, they may not be arrested, and any other second tier bank may not issue payment demands for this money with the purpose of cancellation of overdue loan. Also it is important that in case of saving up the effective rate under military service men's deposits may reach 13.3% per annum. When issuing a loan HCSBK applies simplified analysis of solvency confirmation. When assessing solvency the bank does not consider expenses on family and liabilities in other second tier banks, - Chairperson of HCSBK– Lyazzat Ibragimova – explained the advantages of savings. Altogether 13 thousands of military service men wished to participate in the first stage of the new housing program. Those, who collected the greatest number of scores, were accepted to the pull; the number of scores was influenced first of all by the period of military service.
There are around 70 000 military service men in Kazakhstan, who receive housing payments. This means that they do not have their own housing. HCSBK intends to solve their housing issue within 5-6 years.
