Sberbank financed construction of four autocenters of KMC “Astana Motors”

KMC “Astana Motors” will construct three new autocenters of Hyundai brand in Almaty, Astana and Kostanai with support of Bank Subsidiary of JSC “Sberbank”. Also “Sberbank” will finance construction of new “Autocenter “Bavaria” in the south capital, which is official importer of BMW, MINI automobiles to Kazakhstan. Total investments sum will be more than 3 billion tenge.

“We are pleased to participate in projects of “Astana Motors”. The Company operates at the Kazakhstan market for long time and has unassailable business reputation. New joint large-scale initiatives are solid steps for enhancement of our bilateral relationships”, - said Alexander Kamalov, Chairman of the Board of Bank Subsidiary of JSC “Sberbank”.

“We decided to construct four autocenters in three cities – Astana and Almaty, Kostanai. “Sberbank” supported us. Financing structure is 50/50. Bank provided half of the funds and the rest part is our stock capital. We are pleased to implement this project with the largest Bank on the Customs Union territory. I hope it is only beginning of our cooperation. Now, we consider several joint projects with Sberbank Kazakhstan. We appreciate bank for our undertakings support”, - said Nurlan Smagulov, the President of KMC “Astana Motors”.

Today, construction of ultramodern automobile centers, located in prestige districts of these cities, is carried out. Showrooms and service centers will be completed with the last equipment allowing to provide comprehensive range of services regardless of automobile manufacture year. Service-centers propose only original spare parts, which comply with strict quality standards and having manufacturer guarantee.