Figures for 2020 (Figures excluding data from EDF "Damu")
Adil Mukhamedzhanov, Deputy Chairman of the Management Board of Baiterek Holding, gave an online presentation of the Holding’s amended Development Strategy for 2014-2023to the business community.
Members of the Board of Directors (Independent Directors) and members of the Management Board of Baiterek Holding held a meeting with representatives of the Holding’s stakeholders, the heads of large agricultural companies.
The Agency for the Regulation and Development of the Financial Market held an online discussion of measures to boost crediting.
The mission of “Baiterek” NMH” JSC
is to support the sustainable economic development of the Republic of Kazakhstan in order to implement public policies and achieve goals
set by the 2050 Strategy.
Since June 2021, Baiterek Holding has been owning the following subsidiaries:
Development Bank of Kazakhstan JSC, JSC Export Insurance Company "KazakhExport", JSC Kazyna Capital Management and Investment Fund of Kazakhstan JSC provide support to large enterprises in the form of debt and equity financing, insurance of export operations, leasing financing, and providing support to non-resource exporters.
Damu Entrepreneurship Development Fund JSC provides support for small and medium-sized businesses by subsidizing the interest rate, guaranteeing loans, and placing funds in second-tier banks.
Otbasy Bank JSC and Kazakhstan Housing Company JSC are focused on increasing the financial affordability of housing by developing financing, mortgages, subsidies, and rental housing.
Agrarian Credit Corporation JSC contributes to the sustainable development of the country's agro-industrial complex (AIC). KazAgroFinance JSC provides the agro-industrial complex with technical equipment and high-quality and competitive leasing services. Fund for Financial Support of Agriculture JSC finances small businesses in order to develop priority areas of the agro-industrial complex and increase the level of employment.
Since June 2021, Kazakhstan Project Preparation Fund LLP (provides consulting support to projects, including those implemented through the PPP mechanism) and QazTech Ventures JSC (contributes to the development of technological entrepreneurship through venture financing, business incubation, and technological consulting) were transferred to Kazyna Capital Management JSC as separate funds.
It is planned to reduce the number of portfolio companies to 7 and adjust the number of employees.
