Tsesnabank to Get Government Support on Loan Portfolio

Posted on 09/15/2018


Tsesnabank Joint Stock Company is working on restructuring some of its loans. Kazakhstan public authorities signaled they would purchase 450 billion tenge (US$ 1.2 billion) of agricultural sector loans from Tsesnabank in a bid to shore up the bank’s balance sheet. Furthermore, Joint Stock Company KazAgro National Management Holding (KazAgro) is working with Tsesnabank on […]