Fitch and Moody’s affirmed AKK’s ratings with a stable outlook.

In September 2026, international rating agencies Fitch Ratings and Moody’s Ratings affirmed the credit ratings of JSC "Agrarian Credit Corporation" (ACC)—a subsidiary of the "Baiterek" Holding—with a stable outlook. Fitch Ratings maintained the Corporation’s highest national scale rating of "AAA(kaz)." The Corporation’s press service announced these developments.

On September 2, Fitch Ratings affirmed ACC’s long-term foreign- and local-currency issuer default ratings at "BBB" with a "Stable" outlook. On the national scale, the Corporation’s rating was affirmed at the highest level, "AAA(kaz)."

On September 4, Moody’s Ratings affirmed ACC’s long- and short-term local- and foreign-currency ratings at "Baa2/Prime-2" with a "Stable" outlook. The Corporation’s long-term national scale credit rating was affirmed at "Aa3.kz."

The affirmation of ratings by these two international agencies reflects an assessment of ACC’s financial stability and the level of state support linked to the Corporation’s strategic role in implementing state agrarian policy. The ratings also take into account ACC’s importance to Kazakhstan’s economy and the support provided by its sole shareholder, JSC "National Investment Holding 'Baiterek'."

JSC "Agrarian Credit Corporation" is a key institution for state support of agricultural producers. The Corporation ensures access to financing for entities within the agro-industrial complex and fosters the development of domestic agriculture.