ACC Expands Access to Financing for Exporters Through Insurance Instruments

Agrarian Credit Corporation (ACC) continues to increase its support for domestic agribusiness by introducing flexible financial solutions. Through enhanced cooperation with the Export Credit Agency of Kazakhstan (ECA), the Corporation has opened new opportunities for export-oriented enterprises, addressing one of the sector’s key challenges — the lack of sufficient collateral.

In November of this year, ACC successfully financed a large project in the agricultural processing sector. The first beneficiary of the new mechanism was the Maslo-Del group of companies. This transaction became possible through the use of the “Loan Insurance” instrument provided by ECA, ACC’s partner organization.

For many agricultural producers, the shortage of hard collateral remains a major constraint in obtaining development loans. Understanding market needs, Agrarian Credit Corporation actively applies tools designed to overcome this barrier.

Within the framework of cooperation, ACC acts as a financial partner, providing the necessary credit resources under the Agribusiness program. In turn, ECA’s insurance coverage secures the missing portion of the collateral, significantly reducing the Corporation’s credit risks and increasing the reliability of the transaction.

As a result, enterprises received funds for working capital, procurement of raw materials — including feeder bulls and feed — and for expanding the volume of exported products, which would have been difficult under standard lending conditions.

An important step in optimizing processes was the signing of an interaction protocol between ACC and ECA. Application review for financing and evaluation of insurance coverage are now synchronized and carried out in parallel.

For clients, this means a one-stop service: the borrower only needs to submit a financing application to ACC, while the issues of insurance protection are handled by the financial institutions themselves. This significantly speeds up decision-making and simplifies bureaucratic procedures.

“The synergy of Baiterek Holding’s subsidiaries opens new horizons for agriproducers and gives a strong boost to the sector’s development. We already have successful experience working with the Damu Fund on loan guarantees, and now we are scaling this practice through KazakhExport’s instruments. Loan insurance is a critically important mechanism for our agricultural producers. It allows financing of promising export-oriented projects even when entrepreneurs lack sufficient collateral. This provides access to long-term and affordable financing, strengthens the export potential of the agro-industrial complex, and contributes to the sustainable development of agriculture in the country overall,” emphasized Erlan Moldashev, Deputy Chairman of the Management Board of Agrarian Credit Corporation JSC, highlighting the importance of coordinated teamwork.

The joint support mechanism has already formed a foundation for further financing of the sector. Agrarian Credit Corporation is currently reviewing several new projects aimed at expanding exports of pelleted compound feed, meat products, and canned goods. The evolving cooperation enables ACC to respond quickly to business needs and build a high-quality loan portfolio, supporting the state’s strategic goals for developing non-resource exports.