JSC Halyk Bank (the 'Bank') resumes the issuance of low-interest auto loans under the state program implemented by the Development Bank of Kazakhstan in support of domestic automakers and exporters. Borrowers are offered 37 leading Korean, Japanese and other car models assembled at SaryarkaAvtoProm LLP and JSC ASIA AUTO domestic enterprises. The total limit of the program second phase for all participating banks is 11,000,000,000 tenge. This is the second tranche JSC Development Bank of Kazakhstan allocates for auto lending purposes to commercial banks through conditional financing out of the National Fund of the Republic of Kazakhstan to support domestic automakers.

Main terms and conditions of the program:

Target audience

Individuals

Loan intended purpose

acquisition of domestic car model

Loan period

2 to 5 years

Interest rate

4% p.a.

AEIR max. 7.5% p.a.

Loan currency

tenge

Car purchase cost

Max. 9,000,000 tenge

Down payment

from 0% - for salary project participants

20% - for other clients

Loan security

Vehicle to be acquired

Fee

-

List of documents

ID document*

* More documents can be requested by the Bank, if needed

The list of domestic car models that can be acquired under the program:

JSC Asia Auto:

  1. Chevrolet Aveo
  2. Chevrolet Captiva
  3. Chevrolet Cruze
  4. Chevrolet Malibu
  5. Chevrolet Orlando
  6. Chevrolet Tracker
  7. KIA Carens
  8. KIA Ceed
  9. KIA Cerato

10. KIA Cadenza

11. KIA Optima

12. KIA Picanto

13. KIA Rio

14. KIA Carnival

15. KIA Sorento

16. KIA Soul

17. KIA Sportage

18. LADA 21214

19. Škoda Octavia

20. Škoda Rapid

21. Škoda Superb

22. Škoda Yeti

SaryarkaAvtoProm LLP

23. Hyundai Tucson

24. Hyundai Elantra

25. Hyundai Sonata

26. Hyundai Santa Fe

27. Hyundai i-30

28. SsangYong Nomad

29. JAC A20

30. JAC J4

31. JAC J5

32. JAC S3

33. JAC S5

34. JAC J6

35. JAC M5

36. Geely GC-7

37. Toyota Fortuner

JSC Halyk Bankis the leading universal bank in Kazakhstan with the largest customer base and the broadest branch network. Halyk Group has been developing as a universal financial services group rendering a wide range of services (banking services, brokerage, insurance, leasing, and asset management) to its retail, SME and corporate clients. TheBankalsooperatesinRussia, GeorgiaandKyrgyzstan through its subsidiaries.

PR Service

JSC Halyk Bank

tel. +7 727 2 590 816, pr@halykbank.kz, www.halykbank.kz

JSC Halyk Savings Bank of Kazakhstan issued this content on 2016-01-15 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-15 11:32:07 UTC

Original Document: http://www.halykbank.kz/en/investor-relations/press-releases/5770