of February 2, 2016 No. 44
About approval of conditions and mechanisms of crediting of subjects of industrial and innovative activities through financial institutions
According to article 260 of the Entrepreneurial code of the Republic of Kazakhstan of October 29, 2015 the Government of the Republic of Kazakhstan DECIDES:
1. Approve the enclosed conditions and mechanisms of crediting of subjects of industrial and innovative activities through financial institutions.
2. Recognize invalid some decisions of the Government of the Republic of Kazakhstan according to appendix to this resolution.
3. This resolution becomes effective after ten calendar days after day of its first official publication.
Prime Minister of the Republic of Kazakhstan
K. Masimov
Approved by the Order of the Government of the Republic of Kazakhstan of February 2, 2016 No. 44
1. Terms for crediting subjects of industrial and innovative activities are:
1) the amount of participation of the financial agent in loan granting which shall constitute no more than 80% (eighty percent) of the amount of the estimate of the project;
2) crediting is provided for the term of no more than twenty years.
2. Crediting is performed in national currency.
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The document ceased to be valid since August 6, 2022 according to Item 2 of the Order of the Government of the Republic of Kazakhstan of July 25, 2022 No. 517