To date, leasing is the only instrument for purchase of the machinery by the farmers. The annual purchase of machinery via KazAgroFinance JSC (hereinafter referred to as ‘the Company’) is 40-50% of the total purchase in the country or 90% of the leasing market of the agricultural sector. The Company, understanding the importance of its mission in solving the issue of the sector’s technical re-equipment, creates the platform for discussing the issues of the agricultural sector technical re-equipment between the representatives of the government, farmers, domestic machine builders and agricultural machinery suppliers. The event will be held in round table format.
KazAgroFinance JSC has started preparing for the sowing campaign. To ensure the operability of the agricultural machinery and special equipment leased to the Kazakhstani agricultural producers, KazAgroFinance JSC continuously supervises and monitors the performance of the contractual obligations by the suppliers and service centers, the Director of Pledge and Leasing Collateral Department, Rinat Kemeshov reported. According to him, KazAgroFinance JSC is intensely supervising the performance of maintenance by the service centers.
On October 3 of this year within the anti-corruption action ‘No Bribes in the Future. Let’s do it together!’ the mobile team held a meeting with the empolyees of KazAgroFinance JSC and State Enterprise ‘Transport Committee of the Ministry of Investment and Development of the Republic of Kazakhstan’ and the subordinated branches as a videoconference.
As opposed to the first step of the contest, the photos taken at the showroom of our sole shareholder Holding ‘KazAgro’ located in the Exhibition EXPO 2017 were welcomed for participation as well.
KazAgroFinance has improved the terms for the special product ‘Express Leasing’
In 2015, Z.Sultanbekov, Head of Farm ‘Birlik’ located in three kilometres from Taraz, applied to KazAgroFinance JSC for the financial support in implementation of the Investment Project for Creation of Up-to-date Dairy Farm for 100 Head.
There are already 744 Financial Leasing Contracts to the total amount of KZT9.2 mlrd. concluded. The farmers have purchased 463 tractors, 126 seeders, 13 seeding complexes and 142 units of other machinery within the contracts concluded.
From June 12 to July 12, 2017 KazAgroFinance JSC holds a republican photo contest ‘Made in Kazakhstan. Financed by KazAgroFinance’ in the social network Instagram, confined to the opening of the International Specialized Exhibition EXPO-2017.
The first summer days may not go by without the thematic holiday for the little ones. That is why on Saturday, June 3, the theatrical interactive event confined to the Children’s Protection Day took place in the Central Office of KazAgroFinance JSC.
Did you know that a typical Kazakhstani consumes about 73 kg of meat and meat products per year? Such are the official statistical data. It is not surprising; after all, today the meat is the major part of our daily ration.
This award was conferred to the Company within the annual selection of the best deals at the international capital markets – ‘EMEA Finance Achievement Awards 2016’.
Taking into consideration that starting April 1, 2017 the official refinancing rate has been equated to the reference rate, which is 11.0%, while the subsidies by the Government of the Republic of Belarus for the Kazakhstani agrarians will be 7.33%. The previous reimbursement was 3.67%.
As of today, the Financial Leasing Contracts for 299 units of machinery for KZT2.4 mlrd. have been already concluded with the agrarians. As well as...
The total value of the Complex is KZT4.9 mlrd., where KZT3.4 mlrd. were financed by KazAgroFinance JSC, a company within the Holding ‘KazAgro’, within...
On March 15-17 of this year, the 12th International Specialized Agricultural Exhibition ‘AgriTek/FarmTek Astana’2017’ took place in the capital ...
On March 14 of this year, the round table ‘Debt Market of the Republic of Kazakhstan’ took place in Almaty city. The event was arranged by Cbonds Congress and the Kazakhstan Stock Exchange (KASE).
The raised funds are expected to be utilized for purchase of the agricultural machinery and loans to the clients.
In Yereimentauskiy region of Akmolinskaya oblast, the second stage of the Project for Creation of Feed Yard for 3000 Head and Meat Processing Complex for 5000 Ton of Meat and Meat Products Per Year has been finished.