Application to the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market for granting preferential terms under a Bank loan Agreement
APPLICATION TO THE AGENCY OF THE
REPUBLIC OF KAZAKHSTAN FOR REGULATION
AND DEVELOPMENT OF THE FINANCIAL MARKET
Republic of Kazakhstan, Almaty, “Koktem-3”
Microdistrict, Building 21+7 727 2371 241press@finreg.kz
From the Borrower: T.Sh.A.IIN: ....+7 701 ..
Almaty, A..-2 Microdistrict, Building ..., Apartment 40
APPLICATION
On Granting Preferential Terms under the Bank Loan Agreement
A Bank Loan Agreement No. 200/4571-24 dated 6 November 2024 and No. EM24200-00035832 dated 10 January 2024 was concluded between me (hereinafter referred to as the “Borrower”) and Alatau City Bank JSC (hereinafter referred to as the “Bank”).
From the date of receipt of the loan to the present day, the Borrower has fulfilled the obligations undertaken under the Bank Loan Agreement to the extent of 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 transportation services, and the sole source of income is private transportation through Yandex, which amounts to approximately KZT 700,000 per month.
In addition to supporting a large family and fulfilling obligations to Alatau City Bank JSC, the Borrower has other outstanding 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, under which the Borrower, in respect of the restructured distressed loan, currently makes monthly payments of KZT 86,000 in accordance with the new repayment schedule;
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 monthly expenses of the Borrower in respect of the above obligations exceed KZT 600,000.
By this application, I confirm that the Borrower does not evade the performance of his/her obligations under the Bank Loan Agreement and continues to fulfill such obligations to the extent of his/her financial capabilities. I therefore kindly ask you to take into consideration the Borrower’s financial circumstances and assist in obtaining preferential terms for the loan, including partial write-off of the outstanding debt and/or reduction of the interest rate and/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 Activity in the Republic of Kazakhstan”, a borrower under a bank loan agreement has the right to apply to the bank in writing for amendments to the terms of the bank loan agreement. Such application shall contain information concerning the reasons for the occurrence of overdue obligations under the bank loan agreement, income, and other documented circumstances (facts) substantiating 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 Activity 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 an individual borrower 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 informatization facilities or by any other method provided for by the bank loan agreement.
At present, in respect of the loan, a notarial writ of execution has been issued by a notary, and enforcement proceedings have been initiated by a private bailiff.
Despite multiple oral requests made to the Bank, no positive result has been achieved. Consequently, I have been forced to apply to the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market.
At present, I have the financial capacity to make payments under the two bank loans in the amount of KZT 60,000 per month under each agreement for a period of 12 months, and subsequently undertake to increase the amount of the monthly payment.
Article 78 of the Law of the Republic of Kazakhstan “On Banks and Banking Activity in the Republic of Kazakhstan” provides that, for the purpose of protecting the rights and legitimate interests of depositors, other creditors, clients and correspondents of a bank, ensuring the financial stability of a bank and/or banking conglomerate, preventing deterioration of their financial condition and an increase in risks associated with banking activities, the authorized body applies supervisory response measures to a bank, banking holding company, their executive officers, organizations forming part of a banking conglomerate, major participants of a bank, persons having the characteristics of a major participant of a bank or banking holding company.
Based on the above and pursuant to the Law of the Republic of Kazakhstan “On Banks and Banking Activity in the Republic of Kazakhstan”,
I HEREBY REQUEST THAT YOU:
Assist in obtaining 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, including the possibility of making monthly payments of KZT 60,000 under each agreement for a period of 12 months, with a subsequent increase in the amount of the monthly payment;
Assist in the withdrawal of the enforcement document / notarial writ of execution from the private bailiff;
Provide a response to this application within the time limits established by law.
Respectfully,T.Sh.A.
24 September 2026
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