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Activities
To implement the statutory goals, the Company carries out the following activities:
History of the company
Agrarian Credit Corporation JSC was established in accordance with the Decree of the Government of the Republic of Kazakhstan dated January 25, 2001 No. 137 "On issues of lending to the agricultural sector." The pilot project involved two phases. The first is the creation of a specialized institute of Agrarian Credit Corporation JSC with 100% state participation.
At the second stage, it was envisaged to create a network of regional financial institutions - rural credit partnerships (hereinafter - KT). The main goal of the Company was to build a KT system, including by entering into their authorized capital with a participation share of no more than 35%, as well as providing access to agricultural producers (hereinafter - agricultural producers) to concessional credit resources from the republican budget. The pilot project was successfully implemented, a unique system of lending to agricultural producers through KT was created, which ensured the availability of credit resources to small and medium-sized agricultural producers - participants of the KT system. Since 2006, the activities of the Company have been expanded with the adoption of the Law of the Republic of Kazakhstan "On state regulation of the development of the agro-industrial complex and rural areas" dated July 8, 2005 No. 66 ЗРК.
At present, the Company is a large financial organization engaged in the development of the agro-industrial complex, implementing lending programs in priority areas for the development of agricultural production, determined within the framework of the State Program for the Development of the Agro-Industrial Complex of the Republic of Kazakhstan for 2017–2021.
Chronology of the Society's development
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