Screen ReaderPROFESSIONALS dedicated to furthering Kazakhstan
- Who We Are
Baiterek Holding is closely connected with the Government of the Republic of Kazakhstan, which is the sole shareholder and participates management.
Investors and partners of Holding can be sure that they are financing projects which are aligned with the national priorities and policy. Baiterek simplifies investor-Government relations using efficient established coaction. .
Baiterek Holding simplifies investor-Government relations using efficient established coaction.
“Baiterek” National Managing Holding JSC (hereinafter referred to as “Baiterek” NMH” JSC, Baiterek Holding, Holding) is the key institution of the Government of the Republic of Kazakhstan that meets the advanced standards of corporate governance and ensures the implementation of objectives for the sustainable development of the economy of Kazakhstan .
The sole shareholder of “Baiterek” NMH” JSC is the Government of the Republic of Kazakhstan.
Baiterek Holding is an integrated development institution, which includes 7 subsidiaries: joint-stock companies with 100% participation of the Holding, such as Development Bank of Kazakhstan JSC, Housing Construction Savings Bank Otbasy Bank JSC, FRP JSC “Damu”, JSC “Kazakhstan Housing Company”, JSC “ERP “Kazakh Export”, JSC “Qazaqstan Investment Corporation”, JSC “Agrarian Credit Corporation”.
On the instructions of the Head of State, on the basis of Kazakhstan Mortgage Company JSC, a single operator of housing construction was created by merging subsidiaries of the Holding - Baiterek Development JSC and Housing Construction Guarantee Fund JSC. He will work exclusively with private developers and local executive bodies, performing the functions of three organizations.
The mission of “Baiterek” NMH JSC: Development of competitive business, providing housing and strengthening food security on the principles of social responsibility.
Baiterek Holding includes the following subsidiaries:
The Development Bank of Kazakhstan JSC, Export credit agency of Kazakhstan JSC, and "Qazaqstan Investment Corporation" JSC support large enterprises by providing debt and equity financing, export operations insurance services, and leasing financing. The companies also focus on funding non-commodity exporters.
Damu Entrepreneurship Development Fund JSC supports micro-, small, and medium-sized businesses by subsidizing the remuneration rate, guaranteeing loans, and providing concessional financing through second-tier banks.
"Otbasy Bank" Housing Construction Savings Bank JSC and Kazakhstan Housing Company JSC make housing more affordable for people by developing financing, mortgage crediting, subsidies, and rental housing market.
The Agrarian Credit Corporation JSC promotes sustainable development, provides the agro-industrial complex with up-to-date equipment, and finances large, medium-sized and small businesses in rural areas.
