Maksat Ishenbaev, Chairman of the Bai-Tushum Bank Executive Committee, expressed gratitude to the USAID Agro-Horizon Project at the Trade and Investment Forum that took place on June 5-6 for the fruitful cooperation and contribution to the development of the economy of country regions. According to Maksat Ishenbaev, three innovations were introduced in the Bai-Tushum Bank as part of the USAID Agro Horizon Project.
“The first innovation is value added chain (VAC) financing, the second – the introduction of remote loan applications analysis through a tablet solution. Bank’s officers got an opportunity to make a quick assessment at client’s business location, which enabled our loan officers to get response on the possibility of lending within one hour. Thus, we save the time of both our clients and bank’s employees. And the third innovation we have introduced is the agent network and remote banking service development. We strive to expand the use of remote service channels by our clients, as well as to increase the volumes of loan repayments through terminals. The clients do not need to visit the office, all they have to do is to find a payment terminal next to their business or residence. As part of remote service channels promotion, we are planning to expand the cash-in terminal network and introduce a cash out system. The clients in remote regions will find this service method very convenient, as there will be no need to spend time and money to travel to a Bank’s office and borrow a loan”, – said Maksat Ishenbaev.