Company
Brief
Profile
KazAgroFinance Joint Stock Company is the largest financial institution that provides agricultural producers with leasing services for the purchase of agricultural machinery and equipment.
The Company has been successfully operating for more than 24 years, contributing to the development of technical facilities in the agricultural sector of the country.
Competitive advantages, such as high-industry competence, many years of experience in the market, a developed branch network, a strong personnel composition, reliable credit ratings and access to fundraising, allow maintaining a leading position in the leasing market and remaining a reliable partner for domestic farmers.
Dynamics
Of Key
Indicators
Financial Indicators
Assets,
bln KZT
Loan portfolio,
bln KZT
Profitability
Index
Equity Capital,
bln KZT
Liabilities,
bln KZT
Dividends,
bln KZT
Operational Indicators
Number of Machinery and
Equipment Leasing, bln KZT
Number of Machinery
Leased, units
Number of Concluded
Financing Agreements, units
Number of Clients in the Portfolio
at the end of the year, units
Number of Financed
Clients, units
Non-Financial Indicators
Fitch
Ratings
Address
by the Chairman
of the Board
of Directors
Dear partners and colleagues!
I am glad to welcome you on behalf of the Board of Directors of KazAgroFinance JSC!
KazAgroFinance is a reliable partner for domestic agricultural producers, whose trust is growing from year to year.
Despite the fact that 2023 turned out to be a difficult year for the Kazakhstan agro-industrial complex due to adverse weather conditions, the company made every effort to ensure that farmers were provided with the necessary agricultural machinery for spring field and harvesting operations.
Speaking on September 1, 2023 with a Message to the People of Kazakhstan, President Kassym-Jomart Tokayev instructed to increase the rate of renewal of agricultural machinery to 8-10% per year.
So in 2023, the company launched several preferential financing programs to support agriculture in the republic: "Own Feed", "Made in Kazakhstan", "Zhasyl Onim". These programs are designed to help and support domestic farmers and encourage the purchase of domestically produced agricultural machinery.
An important corporate event in the reporting year was the approval of the KazAgroFinance Development Strategy for 2024-2033, developed taking into account the priorities of the development plan of Baiterek National Managing Holding JSC and documents of the state policy on the agro-industrial complex development.
The Company's mission is defined as the technical and technological modernization of the business of the Kazakhstan AIC entities.
All these years, the company continues developing the industry and will continue comprehensive support in the AIC, improve quality and accessibility of leasing services.
Aydapkelov
Nurbolat
Sergaliyevich
Chairman
of the Board of Directors
of KazAgroFinance JSC
Address
by the Chairman
of the Board
Dear colleagues and partners!
KazAgroFinance JSC provides effective support to Kazakhstan's agribusiness, striving to make receiving services as easy and convenient as possible.
The past year was difficult for the domestic agricultural business. We launched several leasing programs profitable and accessible for our clients to support farmers. We are proud that we can contribute to the domestic agriculture development and make it more competitive in the market.
The company has high competencies in the industry, has a well-developed branch network, strong staff, reliable credit ratings – all this allows maintaining a leading position in the leasing market and remaining a reliable partner for Kazakhstan farmers.
Next year, we will continue implementation of a client-oriented policy for the improvement and development of leasing services with a focus on consumer demand.
We plan to implement a number of products using information technology, which are aimed at minimizing the human factor, reducing project review time and increasing transparency of transactions. This will allow bringing the leasing tool to a new level and making it the most in-demand financial product in the Kazakhstan market.
I would like to express my deep gratitude to clients, partners and employees. Thanks to your support and professionalism, the Company has succeeded in all the tasks that were set for us in the past year.
Prashev
Aydar
Gilimovich
Chairman
of the Board
of KazAgroFinance JSC