The international rating agency Fitch Ratings upgraded the rating of KazAgroFinance JSC
KazAgroFinance JSC has become even more attractive for investors. This was facilitated by the upgrade of the rating from “BB +” to “BBB-” with a “stable” outlook. Fitch Ratings is a reputable rating agency and is in the TOP-3 in its field.
This year, the Company has significantly strengthened its position in the market, implemented the preferential leasing program on behalf of the Head of State in the shortest possible time, and continues to successfully fulfill its plans. Given this, Fitch has revised upward the rating of KazAgroFinance JSC. Upgrading the rating will have a positive impact on the investment policy and on the level of confidence in the company.
KazAgroFinance JSC leases high-tech agricultural machinery, offering the most favorable conditions, thanks to which farmers can afford to renew thousands of pieces of equipment annually.
The sole shareholder of KazAgrofinance JSC is Agrocredit Corporation JSC, which is part of the NMH Baiterek JSC group of companies.Back