Key
Events
of 2023

Sunflower

A plant from the sunflower family and one of the leading field crops in Kazakhstan. This native of North America is quite easy to grow. Sunflower is in great demand in the agricultural sector of Kazakhstan.

In Kazakhstan, the Northern, Eastern and part of the Western regions are leaders in sunflower cultivation. In these regions, hybrids adapted to regional climatic conditions are used: Kazakhstan 465, Sunkar, Kazakhstan 5, Yubileyny 40. A large share of sunflower seeds is grown in Eastern Kazakhstan.

It is used as a raw material in food and industrial production, as well as feed in livestock farming.

Key
Events
of 2023

June 16

The issue was registered and on August 1, 20 million shares of KazAgroFinance JSC (1,000 KZT/1 share) were placed to the Sole Shareholder from the republican budget allocated to increase the authorized capital of KazAgroFinance.

August 17

KazAgroFinance JSC carried out the second issue of bonds with a maturity of 7 years under the second program within the third bond program, which was placed for 11.8 billion KZT among a wide range of market investors.

June 22

The decision of the Board approved the rules for implementation of KazAgroFinance special financing programs, taking into account new special programs: "Own Feeds", implemented through the budget investments – the program is aimed at updating and providing forage harvesting enterprises with modern agricultural equipment, and "Zhasyl Onim", implemented from the Company's own funds – the program is aimed at preferential financing of producers of socially important food products (vegetables, fruits, berries, sugar beet).

June 26

An electronic queue was developed and launched in a Telegram chatbot for booking a queue for lending preferential programs: "Preferential Leasing", "Own Feed", "Zhasyl Onim", "Made in Kazakhstan".

July 12

KazAgroFinance JSC carried out the first issue of bonds with a maturity of 7 years under the second program within the third bond program, which was placed for 8.2 billion KZT among a wide range of market investors.

September 26

The Fitch Ratings confirmed the long-term ratings of KazAgroFinance in foreign and national currency at the level of "BBB-"; the outlook for the ratings is "Stable".

November 16

KazAgroFinance was awarded the nomination of Kazakhstan Stock Exchange (KASE) "Bond Market Leader" for its contribution to the stock market development.

According to the results of 2022,

the Annual Report of KazAgroFinance JSC for 2022 received a diploma for the best disclosure of corporate governance issues following the annual reports competition held by PwC Kazakhstan, and also entered the top 50 best companies, taking the 24th position in terms of ESG information disclosure.