Baku, Azerbaijan, Nov. 25
By Nigar Guliyeva – Trend:
In Kazakhstan in the third quarter of 2017, the demand of enterprises for bank loans slightly decreased. This was stated in the report of the National Bank of Kazakhstan entitled "The conjuncture survey. The results of the survey of enterprises in the real sector of the economy."
In the third quarter of 2017, 22.4 percent of enterprises applied for credit, of which 83 percent received loans (18.6% of the total number of respondents). At the same time, the number of refusals in lending declined, which affected both large and small and medium-sized enterprises, the report said.
In the fourth quarter of 2017, the demand for loans is expected to decline, primarily due to a decrease in construction and transport sectors.
In the third quarter of 2017, the valuation of enterprises relative to price (the level of interest rates on the loan, the amount of additional commissions) and non-price (the maximum amount and term of the loan, the requirements for the borrower's financial condition, collateral requirements) remained negative.
The gap between the actual interest rate on loans in tenge and the rate acceptable to enterprises has increased slightly, and for loans in foreign currency - declined. The acceptable crediting period in tenge for enterprises was 28 months, in foreign currency 24 months (actual terms - 22 months), the report says.
In the third quarter of 2017, the volume of corporate deposits in banks as a whole in the economy did not change (dynamics = 50.0).