General Members
Name of Institution
Joint Stock Company, The Fund of Problem Loans (FPL)Country
Republic of Kazakhstan (KAZ)Institution at a Glance
JSC «The Fund of Problem Loans» was created in 2012 to assist banks in the process of «clearing» the balance from «non-performing» loans in order to fulfill the strategic task of improving the loan portfolio quality in the banking system. From 2012 to 2017, the Fund was managed by the National Bank of the Republic of Kazakhstan. In 2017, the Fund was transferred to the Ministry of Finance of the Republic of Kazakhstan.
Shareholders
100% shares belong to the Government of the Republic of Kazakhstan
Mission
Support for the recovery of the national economy through: improving the quality of banks' loan portfolios by buying up NPLs; involvement in the economic turnover of NPLs through their recovery and implementation.
Accomplishments
Member Since: 2013
Key Officers
Chairman of the Board
Kalilla Abdullayev
Deputy Chairmen of the Board
Nurzhan Baigaziyev
Askar Yernazarov
Mukhit Tumenbayev
Adil Melissov
Contact Us
Joint Stock Company "Fund of Problem Loans"
Address: 160, av. Dostyk, Almaty, 050051, Republic of Kazakhstan
Telephone: (727) 356-09-71
Email: info@fpl.kz
Website: http://fpl.kz