The housing program

The housing program is in more demand than mortgages, the Capital reported. The loan tools in the housing programs are becoming more popular than mortgages. In January-November 2014 banks issued mortgage loans for 217.5 billion tenge, of which 37% (80.6 billion) was issued by Zhilstroysberbank alone, according to the data portal ranking.kz. Over the past year the mortgage portfolio of Kazakh banks increased by only 6% to 914 billion tenge. 27 banks issue Housing loans.



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