Halyk Foundation and Halyk Bank Allocated 30 Billion Tenge to the Residents of Kulsary

The funds are intended for the construction of new or renovation of housing in the city affected by the floods.

984 residents of Kulsary, affected by the natural disaster, received targeted assistance from the Halyk Foundation, founded by Timur Kulibayev. He allocated 30 billion tenge for this purpose. All funds were transferred directly to citizens’ accounts and are intended for the construction of new homes or the repair of existing ones. Lists of those who suffered the most significant losses were provided by local authorities based on applications from the affected residents. Damage assessments were carried out by independent experts.

The initiative to help the residents of Kulsary was promptly implemented by the employees of Halyk Bank, who transferred funds to the special accounts of the affected citizens in record time. To do this, they worked seven days a week in several shifts.

“I heard that the Halyk charity fund is allocating money to victims. On May 20, I collected documents for Halyk Bank, and on May 21, I received the money. I am very grateful to the bank employees. I want to buy a house with this money,” says Kulsary resident Galina Karazhanova.

In addition to direct assistance to the victims, the Halyk Foundation sponsored the construction of protective dams in Atyrau, and 280 million tenge was allocated for the purchase of fuel and lubricants, bags and other equipment.

Earlier reports indicated that the Halyk Foundation and Halyk Bank allocated 1.445 billion tenge from their own funds—including one day’s wages of employees—to assist those affected by floods in the Aktobe, Kostanay, West Kazakhstan, Akmola, Atyrau, Karaganda, North Kazakhstan, Turkestan, Almaty, Pavlodar, Ulytau, and Abai regions. In addition, the founder of the Halyk Foundation, Timur Kulibayev, decided to allocate an additional 30 billion tenge for the restoration of the Atyrau region. In total, more than 31.4 billion tenge was allocated to combat the floods.

Source