News on the "Social Mortgage" preferential program
Since 2019 Keremet Bank has been successfully implementing in Kyrgyzstan a mortgage lending program for public sector employees on preferential terms - "Social Mortgage". Since the beginning of the program, the Bank has issued 1,081 loans across the country for more than 1.5 billion soms. Due to the fact that the funds allocated for "Social Mortgage" are limited, the Bank has set regional limits, more than half of which are intended in 2020 for the regions of the country.
Taking into account that loans issued in some regions have already reached the established limits, starting from August 20, 2020 submission period of "Social Mortgage" in Bishkek city, Chui and Issyk-Kul regions will be terminated (submission period in Osh region is terminated on July 28, 2020). Previously received loan applications will be reviewed in accordance with the established procedure.
"Social Mortgage" program for housing loans on preferential terms for public sector employees functions in other regions: depending on the amount of the initial payment, the interest rate on the "Social Mortgage" ranges from 7.5% to 9.5% per annum in som. The loan term is up to 15 years.
All questions about housing lending under the "Social Mortgage" program and other services of Keremet Bank can be clarified at the regional service offices, in the round-the-clock contact center by phone (0312) 55 44 44, via WhatsApp - (0557) 55 44 44 or via the official website.
