Brief
Company
Profile
KazAgroFinance Joint Stock Company is a financial institution providing agricultural producers with leasing services for the purchase of agricultural machinery.
The Company has been successfully operating for over 25 years, contributing to the development of technical equipment in the country’s agricultural sector.
Competitive advantages such as high competence in the industry, many years of experience in the market, a developed branch network, professional staff, reliable credit ratings and access to attracting financial resources allow us to maintain a leading position in the leasing market and remain a reliable partner for domestic farmers.
Key
Performance
Indicators
Financial
indicators
Assets,
bln KZT
Liabilities,
bln KZT
Profitability
indicators
Equity capital,
bln KZT
Loan portfolio,
bln KZT
Dividends,
bln KZT
Operating
indicators
Number of equipment
leased, units
Volume of leasing of machinery
and equipment, bln KZT
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
Key
Events
in 2024
KazAgroFinance issued two bonds for 25 billion KZT, with a maturity of 4 years, and placed in full through private placement.
KazAgroFinance, together with QCloudy, an official partner of Amazon Web Services, developed a system for online monitoring of leased items and collateral using artificial intelligence.
KazAgroFinance issued bonds for 50 billion KZT with a maturity of 5 years and placed in full through private placement.
A preferential leasing program was launched with a rate of 5%, a term of up to 7 years and an advance payment of at least 10%, with the option of payment after the transfer of the leased item, no later than December 1, 2024.
KazAgroFinance issued bonds for 100 billion KZT with a maturity of 7 years and placed in full through private placement.
Address
by the Chairman
of the Board
of Directors
Dear partners and colleagues!
I am pleased to greet you on behalf of the Board of Directors of KazAgroFinance!
2024 has become an important milestone for the entire agro-industrial sector of Kazakhstan. In February, President of the Republic of Kazakhstan Kassym-Jomart Tokayev instructed to double the volume of financing for agriculture, emphasising the priority of food security and sustainable development of rural areas. Key tasks include expanding preferential leasing mechanisms and updating the fleet of agricultural machinery by at least 10% annually.
KazAgroFinance, as a strategic partner of the state and the leading operator of leasing financing in the agricultural sector, is actively involved in the implementation of priority state initiatives aimed at supporting farmers and technologically upgrading the industry. One of the significant steps was the introduction of the Preferential Leasing program at 5% per annum for the purchase of agricultural machinery made in Kazakhstan. This allowed Kazakhstani farmers to gain access to new equipment on the most favourable terms, while stimulating the development of domestic agricultural machinery.
In the context of growing demands for efficiency and sustainability of the agricultural sector, KazAgroFinance continues to fulfil its key mission – to provide agricultural producers with the necessary resources and solutions for growth, modernisation and technological development.
I am confident that the consistent implementation of state policy and the coordinated work of all participants in the agro-industrial complex will become a solid foundation for increasing the competitiveness of the domestic AIC and the prosperity of rural regions.
Aidapkelov
Chairman of the Board of Directors
of KazAgroFinance
Address
by the Chairman
of the Management
Board
Dear colleagues and partners!
KazAgroFinance is a key institution of state agricultural policy and one of the leading leasing operators in Kazakhstan.
The company has been promoting sustainable development of the agricultural sector and technological modernisation of agricultural production for 25 years.
The year 2024 had a special symbolic significance for us – this was the year of the Company’s 25th anniversary. KazAgroFinance has come a long way – from a new player in the market to a recognised leader, a reliable partner of thousands of Kazakhstani agricultural producers. We are proud of the contribution we have made to the development of the country’s agriculture, and are grateful to our clients, partners and team for their trust and joint path.
In the anniversary year, the Company demonstrated positive dynamics, expanded the range of services, introduced new digital solutions and continued active work to increase the availability of financing for agricultural producers. Particular attention was paid to the implementation of the Preferential Leasing program at 5% per annum, for the implementation of which 120 billion KZT were allocated.
New tasks and ambitious goals lie ahead. We are confident that thanks to the professionalism of the team, the trust of our clients and support from the state, KazAgroFinance will continue to effectively fulfil its mission and contribute to the sustainable development of the agricultural sector.
Thank you for your cooperation and contribution to the common cause!
Prashev
Chairman of the Management Board
of KazAgroFinance