The funds allocated for "Social Mortgage" in Bishkek city in 2021 have been fully disbursed
In order to ensure the fair participation of public sector employees from all regions of the Kyrgyz Republic in the preferential Housing Program "Social Mortgage" (has been effective in the Bank since May 2019), its funding limits have been determined for each region.
In 2021, in Bishkek, owing to the "Social Mortgage" from "Keremet Bank", more than 100 public sector employees acquired their owner-occupied dwelling in the capital. The volume of the loans granted in Bishkek since the beginning of the year and the applications admitted to examination has amounted to more than 200 million soms.
Therefore, currently, the funds allocated for the "Social Mortgage" have already been disbursed completely in Bishkek city and in the Osh, Naryn and Batken Regions. The program remains effective in other regions.
The persons wishing to purchase housing accommodations at preferential rates must make haste, since the funding allocated for the "Social Mortgage" in 2021 has its limit.
It is worth reminding that the "Social mortgage" is granted to budget institution employees at the interest rate from 8.5% to 10.5% per annum in soms (depending on the initial instalment amount) for a period of 15 years.
More detailed information on the credit conditions within the framework of the Social Mortgage Project can be found at the service offices, 24-hour Call Center by phone (0312) 55 44 44, in WhatsApp - (0557) 55 44 44 or via the official website chat.
