KazAgroFinance financed the purchase of agricultural machinery for 51.9 billion tenge in 2020
Since the beginning of this year, the KazAgroFinance company has concluded financial leasing agreements for 51.9 billion tenge for the purchase of agricultural equipment by farmers. This was reported by the company's press service.
“As of July 15, 2020, the KazAgroFinance Joint Stock Company has completed its annual plan for financing agricultural machinery by 69%. Financial leasing agreements worth 51.9 billion tenge were concluded,” the press service informed.
According to the company, the leaders in financing in 2020 are the KazAgroFinance branch in the North Kazakhstan region, which fulfilled the annual plan by 93%, and the branch in the West Kazakhstan region, the plan of which has already been exceeded and amounted to 115% of the target.
As part of the agreements, in 2020, KazAgroFinance JSC financed the supply of 198 combines, 81 sowing complexes, 222 seeders, 1081 tractors, as well as 1669 units of small-scale equipment to agricultural producers.
It was previously reported that in the first half of 2020, manufacturers of tractors, combines and other agricultural equipment in the Republic of Kazakhstan produced products worth more than 33.7 billion tenge , which is 125% more than in the same period in 2019.
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