Application to Alatau City Bank for preferential terms under a Bank Loan Agreement
To: Alatau City Bank JSC
From the Borrower: TSHA
IIN: ....
+7 701 ...
Apartment 40, Building ...,...-2 Microdistrict,
Almaty, Republic of Kazakhstan.
APPLICATION
For the Provision of Preferential Terms under the Bank Loan Agreement
I, hereinafter referred to as the “Borrower,” and Alatau City Bank JSC, hereinafter referred to as the “Bank,” have entered into Bank Loan Agreements No. 200/4571-24 dated 6 November 2024 and No. EM24200-00035832 dated 10 January 2024.
From the date of receiving the loan until the present day, the Borrower has been fulfilling his/her obligations under the Bank Loan Agreements to the extent permitted by his/her financial capabilities.
The Borrower is the sole breadwinner of a large family and is currently a recipient of targeted social assistance (TSA). At present, the Borrower is engaged in private passenger transportation, and the sole source of income is income from private transportation services through the Yandex service, which amounts to approximately KZT 700,000 per month.
In addition to supporting the large family and fulfilling obligations to Alatau City Bank JSC, the Borrower has other obligations to financial institutions, namely:
Kaspi Bank JSC – under a Bank Loan Agreement with a loan term from 22 December 2024 to 22 December 2044. The Borrower’s problematic loan has been settled, and under the new repayment schedule, the Borrower currently makes monthly payments of KZT 86,000;
Bereke Bank JSC – under a Bank Loan Agreement with a loan term from 10 January 2024 to 10 January 2029, with monthly payments in the amount of KZT 11,000.
The Borrower also has outstanding indebtedness to a pawnshop. If necessary, a certificate from the First Credit Bureau may be provided.
The total amount of the Borrower’s monthly expenses related to the above-mentioned obligations exceeds KZT 600,000.
By this letter, I confirm that the Borrower is not avoiding the performance of his/her obligations under the Bank Loan Agreement and continues to fulfill such obligations to the extent permitted by his/her financial capabilities. I therefore hope for your understanding and for the provision of preferential terms in respect of the loan, including partial write-off of the outstanding debt, reduction of the interest rate, or extension of the loan term without increasing the principal loan amount.
Pursuant to Article 61 of the Law of the Republic of Kazakhstan “On Banks and Banking Activities in the Republic of Kazakhstan,” a borrower is entitled, under a bank loan agreement, to submit a written application to the bank containing information on the reasons for the occurrence of overdue obligations under the bank loan agreement, income, and other documented circumstances (facts) underlying the borrower’s request to amend the terms of the bank loan agreement.
Pursuant to Articles 61 and 64 of the Law of the Republic of Kazakhstan “On Banks and Banking Activities in the Republic of Kazakhstan,” the Bank shall, within fifteen calendar days from the date of receipt of the application provided for in paragraph 1-1 of the relevant article, consider the amendments to the terms of the bank loan agreement proposed by the borrower who is an individual, in accordance with the procedure established by the regulatory legal act of the authorized body, and shall notify the borrower of its decision in writing, as well as through information systems or by another method provided for by the bank loan agreement.
At present, an enforcement writ issued by a notary has been made in respect of the loan, and enforcement proceedings have been initiated by a private bailiff.
Multiple oral requests addressed to the Bank have not produced any positive results.
At present, I have the financial capacity, in respect of the two bank loans, to make monthly payments of KZT 60,000 under each agreement for a period of 12 months, and thereafter undertake to increase the amount of the monthly payment.
Based on the above and pursuant to the Law of the Republic of Kazakhstan “On Banks and Banking Activities in the Republic of Kazakhstan,”
I HEREBY REQUEST THAT YOU:
- Provide preferential terms under Bank Loan Agreements No. 200/4571-24 dated 6 November 2024 and No. EM24200-00035832 dated 10 January 2024 concluded with Alatau City Bank JSC, by allowing monthly payments of KZT 60,000 under each agreement for a period of 12 months, with a subsequent increase in the monthly payment amount;
- Withdraw the enforcement document / notary’s enforcement writ from the private bailiff;
- Provide a response to this application within the time limits established by law.
Respectfully,
TSHA
24 September 2026
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