Baiterek Holding takes over the experience of the Russian Project Finance FactoryFind Out More
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.
2018 Capacity of Baiterek Holding in Figures
*Data given the implementation of Damu Fund’s financial programs
** Based on the data of Damu Fund on the implementation of the “Business Roadmap 2020” Single Program and the Joint Action Plan of the Government of the Republic of Kazakhstan and the National Bank of the Republic of Kazakhstan to ensure financing of business entities in the manufacturing industry.
Programs Implemented by the Holding
The Holding has 11 subsidiaries, each of which fulfills its role in the country's economy.
While supporting large-scale enterprises, the “Development Bank of Kazakhstan” JSC, “KazakhExport” Export Insurance Company” JSC, “Kazyna Capital Management” JSC, “Kazakhstan Project Preparation Fund” LLP and the “Investment Fund of Kazakhstan” JSC provide the support tools such as debt and equity financing, insurance of export operations, lease financing and consulting for projects structuring and administration, including those being implemented under the PPP mechanism.
As for small and medium-scale businesses, “Damu” Entrepreneurship Development Fund” JSC provides enterprises with three support tools: interest rates subsidizing, loans guaranteeing and conditional investment of funds in second-tier banks.
The “Housing Construction Savings Bank of Kazakhstan” JSC, “Kazakhstan Mortgage Company” JSC, “Housing Construction Guarantee Fund” JSC and “Baiterek Development” JSC focus on increasing the financial affordability of housing through the development of financing, mortgage lending, subsidies and housing rental.
Moreover, the Development Bank of Kazakhstan and KazakhExport are supporting non-resource-based exporters, and QazTech Ventures, being a ‘fund of funds’, contributes to the development of technopreneurship through the tools of venture financing, business incubation and technology consulting.