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"Social Mortgage" from "Keremet Bank" continues in the regions of Kyrgyzstan

18 November 2019

"Keremet Bank" OJSC announces the completion of accepting applications in Bishkek for housing lending under the project "Social Mortgage" from November 18th, 2019. Loan applications received by the Bank for the purchase of housing in the capital before the specified date will be considered in accordance with the established procedure.   

From November 18th, 2019 financial resources for this credit product will be allocated through the branch network of "Keremet Bank" OJSC to employees of budget organizations in the regions of Kyrgyzstan.

This decision was made due to the fact that since the end of May 2019 "Keremet Bank" has successfully satisfied 244 loan applications to budget employees of the capital in the amount of 430 million soms, and as of November 15th, 2019, quantity of loans issued and applications accepted under the project "Social Mortgage" approached the established limit for Bishkek city. As of mid-November this year 555 Kyrgyz families received mortgages at rates from 6% to 8% per annum for up to 15 years for a total amount of more than 800 million soms.

In order to give Bishkek residents the opportunity to purchase affordable housing, “Keremet Bank” launched new projects specifically for residents of the capital for the purpose of accumulation by physical persons of the initial payment and subsequent receipt of preferential mortgages on its basis: "Housing savings deposit" and "Housing savings mortgage" from 12% per annum in soms.

All questions about obtaining a housing loan under the "Social Mortgage" and other services of "Keremet Bank" can be obtained in regional branches, in the round-the-clock call center by phone 0 312 55 44 44 or on the official website.


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