24.06.2025, 20:07

ARDFM deems 20% mortgage rate as high, creating risks for borrowers and banks

ASTANA. June 24 (Interfax-Kazakhstan) – Even the reduced annual effective interest rate (AEIR) for mortgage loans lowered from 25% to 20% – remains high for borrowers and threatens to increase non-performing loans, stated Madina Abylkassymova, Head of the Agency for Regulation and Development of the Financial Market (ARDFM).

To read the full news articles, Subscribe.

02:29PM
Russian PM sees strong potential for new joint projects with Kazakhstan

01:40PM
Kazakh PM offers condolences over russian plane crash during Altai meeting

01:38PM
Russian, Kazakh PMs hold talks in Altai Republic ahead of environmental conference

01:34PM
Kazakhstan to tighten oversight of charitable foundations following high-profile fraud case

12:50PM
Kazakhstan's military colleges now accept online applications

12:33PM
Kazakh President Tokayev praises Uzbekistan's progress in birthday call to Mirziyoyev

12:22PM
Kazakhstan to consider NGO law amendments in 2026

12:17PM
Kazakhstan has not halted oil shipments via Russian seaports – Energy Ministry

11:36AM
Attacks on healthcare workers in Kazakhstan should be treated like assaults on police, deputy PM says

11:20AM
Gas company top managers embezzle 168 mln tenge from consumers in Almaty region – Financial Monitoring Agency

11:11AM
Attacks on healthcare workers in Kazakhstan should be treated like assaults on police, deputy PM says