/KASE, January 15, 2020/ – KazAgro National Management Holding (Nur-Sultan),
whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has
informed KASE as follows:
quote
Every year, the amount of funding for Kazakhstan's agribusiness industry through
the financial institutions of the KazAgro National Management Holding is
increasing. In 2019, KazAgro Holding provided more than KZT477 bn to agribusiness
organizations, of which more than KZT448 bn were spent on agricultural lending
and leasing of agricultural equipment and about KZT29 bn was allocated for the
purchase of grain (in 2018, the amount of financing amounted to KZT400 bn, of
which KZT385 bn in the form of loans and leasing and KZT15 bn for purchase of
grain).
KazAgro's loan portfolio amounted to KZT886 bn and the number of borrowers has
grown to 77,000. Meanwhile, the share of small and medium-sized businesses among
borrowers is more than 97%. Thanks to the financial support of the National
Holding provided last year, 37,000 rural residents obtained employment and got
new jobs, press service of KazAgro Holding says.
unquote
Detailed information is available on KASE website at
-
http://kase.kz/files/emitters/KZAG/kzag_reliz_150120_kz.pdf – in Kazakh;
-
http://kase.kz/files/emitters/KZAG/kzag_reliz_150120_1.pdf – in Russian.
[2020-01-15]