Halyk Savings Bank of Kazakhstan announces program of preferential lending for individuals buying cars of local makes

/KASE, April 21, 15/ – Halyk Savings Bank of Kazakhstan JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release: quote Halyk Savings Bank of Kazakhstan and Development Bank of Kazakhstan (subsidiary of National managing holding "Baiterek") signed a bank loan agreement under the program of support for car making industry. Halyk Bank of Kazakhstan was provided with the largest volume of preferential car loans among STB – KZT4 bn. Preferential car lending applies to cars produced in Kazakhstan priced at up to KZT5.6 million. The nominal interest rate on car loans is 4% per annum, annual effective rate (AER) with expenses on insurance and registration of vehicle – not more than 7.5% APR. for clients of Halyk Bank of Kazakhstan – participants of the salary project no initial installment is required. In other cases the initial installment is 10-20% of the car price. Loan term – up to 5 years. Additional fees are not charged. Set of documents – minimal. Managers of Halyk Savings Bank of Kazakhstan will be available in all car stores participating in the program. For information please dial Halyk Bank's Call-center: Almaty: +7-727-259-07-77 other cities in Kazakhstan: +7-8000-8000-59 e-mail: info@halykbank.kz unquote [2015-04-21]