Kazakhstan plans to buy $1.2 billion of Tsesnabank loans
Published on: Thursday 25 June 2026
Kazakhstan's government and central bank are working on a plan to buy 450 billion tenge ($1.2 billion) of agricultural sector loans from Tsesnabank in order to boost its financial strength, the authorities said on Friday. Tsesnabank's liquidity has come under pressure over the last few months and it said this month it had used a short-term central bank loan to replenish it. At the same time, Tsesnabank, the Central Asian nation's No.2 lender by assets, has said it was observing all regulatory requirements and had no asset quality issues.
News source: https://sg.finance.yahoo.com/news/kazakhstan-plans-buy-1-2-billion-tsesnabank-loans-072007139--finance.html
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