On 11 December, Yessenov University hosted a meeting with representatives of Otbasy Bank, during which an agreement was signed on the joint implementation of the “Corporate” housing product for the university’s teaching and research staff. Under the agreement, each party allocates 200 million tenge, bringing the total funding volume to 400 million tenge. These funds will enable around 20 employees to purchase housing in the Mangystau region on preferential terms.
Within the framework of the joint “Corporate” product, university employees will be able to purchase housing in the Mangystau region at an interest rate of 5% per annum (with an annual effective rate from 5.2% to 5.3%), for an amount of up to 20 million tenge with a minimum down payment starting from 10%. The list of programme participants will be formed by the university, which will make it possible to prioritise support for socially vulnerable categories of staff, young specialists, and faculty members who have long been awaiting a solution to their housing needs.
The signing of this agreement is not only a financial support mechanism, but also an important step toward strengthening the region’s human capital in engineering and technical fields, in the training of which Yessenov University plays a key role.
The staff of Yessenov University expresses sincere gratitude to Otbasy Bank and its team for their cooperation and support provided to the university’s faculty members.