Updated on July 16, 2024, 10:18AM (AST)

10.07.2024, 18:58

APDC proposes to leave mortgage lending to Otbasy Bank only within framework of state programs


ASTANA. July 10 (Interfax-Kazakhstan) - The Agency for the Protection and Development of Competition of the Republic of Kazakhstan (APDC) proposed to withdraw Otbasy Bank JSC from the commercial segment of the housing mortgage lending market, leaving it the opportunity to issue loans for the purchase of housing only within the framework of state programs, according to APDC report on the state of competition in commodity markets for 2023.


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