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Nedropolzovatel (Subsurface User)

“Nedropolzovatel” — in order to form abandonment fund of extractive industry companies for full financial support of implementation of a program of revealing the consequences of its activity, under the law of the Republic of Kazakhstan “On subsurface and subsurface use”

 

Deposit currency  

KZT and USD

Deposit term

it is concluded for the period of conducting of operations on subsurface use

Minimum deposit amount

KZT 100 000  / USD 500

Maximum deposit amount

KZT 2 000 000 000 / USD 5 000 000 

Interest payment way

annually, to the client’s current account

Additional deposits

envisaged

Partial withdrawal:

envisaged with written consent of the relevant government authority, approved by the authorized body of the Republic of Kazakhstan  on subsurface protection and use

Prolongation

not envisaged

 

Interest rate:


Type of currency

Interest rate (per annum)

Annual effective rate

KZT

6%

6%

USD

0,5%

0,5%

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