KazAgroFinance JSC was established on December 28, 1999 in accordance with Decree of the Government of the Republic of Kazakhstan No.1777 ‘On Some Issues of Agriculture’ dated November 24, 1999 for facilitating the solution of one of the main challenges in agriculture – technical fleet renewal.
The Company is a part of National Managing Holding ‘KazAgro’.
The Company is wholly owned by National Managing Holding ‘KazAgro’ JSC.
In its turn, the Ministry of Agriculture of the Republic of Kazakhstan is a Sole Shareholder of the Holding. The Company carries out its activity based on the Law of the Republic of Kazakhstan ‘On Joint Stock Companies’ and in accordance with the best corporate management practice. The Company serves for the benefit of the Sole Shareholder, is accountable to the Sole Shareholder and the Board of Directors.
Key objective is to support the agricultural sector development of the republic by providing the agricultural producers with the access to the funds, as well as agricultural machinery and technological equipment on leasing basis.
Mission Assistance in the technical equipment of the agro-industrial complex of the Republic of Kazakhstan by providing high-quality and competitive leasing services.
Vision. KazAgroFinance JSC is a leader in the Kazakhstan agro-industrial complex leasing market, which meets the needs of the industry for modern and high-tech equipment.
Activities. To implement statutory objectives the Company carries out the following activities:
1) leasing activity in the agricultural industry;
2) crediting and other activities that meet the goals and objectives of the Company and not prohibited by the legislative instruments;
3) participation in implementing the Republican Budget and other programs aimed at the development of agro-industrial complex.
In all regions of Kazakhstan the company is represented by 16 branches. The Company has no subsidiaries.