- Who We Are
Figures for 2020
On May 12, JSC "Development Bank of Kazakhstan" (a subsidiary of JSC "National Managing Holding "Baiterek", hereinafter – DBK, Bank) secured a loan of 120 million US dollars from J.P. Morgan for a period of more than 10 years
Today, Baiterek Holding hosted a strategic session.
Today, Baiterek Holding hosted a meeting of its Strategic Planning Committee of the Board of Directors. The meeting was chaired by Independent Director Philip Yeo.
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.
The Holding has been owning the following subsidiaries:
Development Bank of Kazakhstan JSC, JSC Export Insurance Company "KazakhExport", JSC Kazyna Capital Management 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 concessional financing through 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.
The Agrarian Credit Corporation JSC contributes to the sustainable development of the agro-industrial complex by financing large, medium-sized and small businesses in rural areas. The KazAgroFinance JSC, which provides high-quality and competitive leasing services, supplies technical equipment to the country's agro-industrial enterprises.
It is planned to reduce the number of portfolio companies to 7 and adjust the number of employees.
