Mamin Askar Uzakpaevich
Chairman of the Board of Directors, Prime Minister of the Republic of Kazakhstan
PROFESSIONALS 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 through its diversification, support for innovations, exports development, increase in labor productivity.
The sole shareholder of “Baiterek” NMH” JSC is the Government of the Republic of Kazakhstan.
Baiterek Holding is an integrated development institution that includes 9 subsidiaries: joint stock companies with 100% participation of the Holding ("Development Bank of Kazakhstan" JSC, "Housing Construction Savings Bank "Otbasy bank" JSC, "Damu" FRP" JSC, "Kazakhstan Housing Company" JSC, "Kazakh Export" ESK" JSC, "Kazyna Capital Management" JSC, "Agrarian Credit Corporation" JSC, "KazAgroFinance" JSC, "Fund for Financial Support of Agriculture" JSC).
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.
At the same time, within the framework of the instrument of direct investment in company capital, Subsidiaries of Holding organizations has different shareholdings in 59 companies.
The mission of “Baiterek” NMH JSC is contribution to the sustainable economic development of the Republic of Kazakhstan to implement the public policy and achieve the goals set out by the Strategy - 2050.
The Plan of the Nation - “100 Concrete Steps”
The state program of industrial and innovative development of the Republic of Kazakhstan for 2020 - 2025
“Business Roadmap 2025” State Program for Entrepreneurs Support
State program for the development of productive employment and mass entrepreneurship for 2017 - 2021 "Enbek"
State program for the development of the agro-industrial complex of the Republic of Kazakhstan for 2017 - 2021
Economy of simple things
The program "National Export Strategy of the Republic of Kazakhstan"
“Nurly Zher” State Housing Construction Program
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 placing funds in second-tier 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.
Agrarian Credit Corporation JSC (the ACC) contributes to the sustainable development of the country's agro-industrial complex (AIC). KazAgroFinance, which provides high-quality and competitive leasing services, supplies the agro-industrial complex with technical equipment. The Fund for Financial Support of Agriculture (the FFSA) merged into the ACC on December 13. The ACC has taken over the FFSA’s functions of issuing credits to microbusinesses, insuring the agro-industrial complex, and offering mortgages under the “With a degree to the village!” state program. Since the beginning of November, the Damu Fund has been performing the FFSA’s function of guaranteeing loans.
It is planned to reduce the number of portfolio companies to 7 and adjust the number of employees.
