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It is necessary to tighten the requirements for banks operating within the CST (Collective Security Treaty) - S. Bisekeev


01.01.2015
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It is necessary to tighten the requirements for banks operating within the CST (Collective Security Treaty) - S. Bisekeev

Serikbay Bisekeev, Independent Director of the JSC "Entrepreneurship Development Fund" Damu, believes that it is necessary to change the workflow philosophy of entrepreneurial funds and second-tier banks for the provision of loans under the "Business Road Map" programme. The expert voiced this opinion during a webinar that drew together Service Centre entrepreneurs from all the regions of Kazakhstan. Direct dialogue with entrepreneurs from different cities facilitated not only giving individual advice on business development, but also listening to suggestions for improving the work of the Fund's support programme. One of the important http://tadalafilcialis-storerx.com/ points which needs to worked on in 2015 is changing the requirements for the provision of collateral on SME loans - simplifying the mechanism for participation in the programmes. "I think that if the government allocates money through "Damu", the STBs should listen to the demands of "Damu". Currently, however, they are living their own lives: each bank requires the filling where to buy cialis online in canada out of whichever application forms they deem necessary. I proposed issuing the participants of "Damu" programmes a standardised application template - allowing the businessman to fill it in only once and send it to 5 or 6 banks. We need to create a kind of tender among banks, so that the entrepreneur does not have to run around, and the bank’s employees have a real interest in whether the loan is taken out with their bank. Bank databases do not have enough information on each borrower; interaction is required between them, the Tax Committee and "Damu" to study the credit history of the potential borrower (assessing behavioural patterns, payment of utility bills, etc.) and thereby accelerating the decision-making process for participation in state lending programmes," said Serikbay Bisekeev, independent director of JSC "Entrepreneurship Development Fund "Damu", and member of the "Singapore Business Federation". In 2012, Serikbay Bisekeev was voted the best "Entrepreneur of Russia" by Ernst & Young in the category "B2B". Today he is chairman of the board of directors, founder and president of "Arman Holding" Group - manufacturer and supplier of integrated solutions in the fields of energy and telecommunications, and Independent Director of JSC Entrepreneurship Development Fund "Damu". Source: Zakon.kz

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