The Asian Development Bank (ADB) has approved a loan of 90 billion tenge (about $173.6 million) to Kazakhstan’s Otbasy Bank to expand access to mortgages, particularly for women, and to support environmentally friendly housing finance.
The funding is part of the «Promoting Inclusive and Green Housing Finance» project.
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The program is expected to finance more than 2,000 mortgages, with priority given to women through the «Umai» program.
The initiative aims to improve access to housing finance...