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A branch of the Agrarian Credit Corporation opened in the Abay region

In the Abay region, branches of subsidiaries of the Baiterek Holding were opened - Agrarian Credit Corporation JSC, KazAgroFinance JSC. Now it will be easier for entrepreneurs operating in the region to submit and complete applications for financing. The opening of branches will significantly reduce the distance and speed up business processes for farmers in the Abay, Beskaragai and Borodulikha districts.

The opening ceremony was attended by the Minister of National Economy of the Republic of Kazakhstan Alibek Kuantyrov, Deputy Chairman of the Board of the Baiterek Holding Nurbolat Aidapkelov, heads of the holding's subsidiaries, agricultural producers of the region and others.

“Over seven years, 15 large investment projects worth more than 20 billion tenge have been financed in the regions included in the Abay region. We are talking about creating feedlots, processing agricultural products, developing dairy farms, creating breeding farms, etc. In addition, funding was provided to 9 credit partnerships, which, in turn, issued loans to 878 farms.

Since the beginning of this year, 3.3 billion tenge has been allocated for the implementation of 186 projects under the Ken Dala, Agribusiness and Isker programs in the Abay region. We will continue to support agricultural formations in the region,” said Almat Ashirbekov, Chairman of the Board of Agrarian Credit Corporation JSC.

Thus, today the Agrarian Credit Corporation is represented by 16 regional and 3 city branches, which, together with the central office, serve about 80 thousand agricultural producers.

The regional branch of KazAgroFinance JSC will continue to work on financing agricultural producers for the purchase of agricultural equipment on lease. The branch's client base is 650 households. It is worth noting that the East Kazakhstan region is one of the most active users of the company’s services. Over 11 months, 698 units of equipment were leased here. The new region has great potential, and KAF plans to expand the number of its clients, offering the most favorable conditions in the agricultural machinery leasing market.

During his visit to the Abay region, Minister of National Economy A. Kuantyrov visited Qazaq Astyk Group LLP. The company produces unrefined oil and sunflower meal. Commercial products are supplied to China, Uzbekistan, Azerbaijan, and are also sold in retail chains in Almaty, Abay region, Pavlodar and Kostanay regions.

"Qazaq Astyk Group" is one of the large projects financed by the Agrarian Credit Corporation under the Agribusiness program. The cost of the project is more than 7.4 billion tenge, including financing from the corporation amounting to 5.9 billion tenge. The plant employs 200 workers, the production capacity of the enterprise is processing 1000 tons of sunflower seeds per day.

Branches of subsidiaries of Baiterek Holding are located at the address: Semey, st. K. Mukhamedkhanova, 23-a, BC "Orleu".