Development Bank of Kazakhstan

Development Bank of Kazakhstan offers long-term credit to manufacturing and infrastructure investment projects and export operations that have significant positive socioeconomic impact.

Bank’s Mission

Facilitation for the sustainable development of the national economy through investments to the country’s non-resource-based sector.


  • improvement and increase in the efficiency of public investment activities;
  • development of production-based infrastructure and manufacturing industry;
  • facilitation for attracting foreign and domestic investments in the country's economy.

Industrial Development Fund JSC

Industrial Development Fund JSC is a subsidiary of Development Bank of Kazakhstan JSC and is a part of the Baiterek National Management Holding JSC. The company was founded on September 6, 2005 in order to expand the instruments for financing investment projects provided by the Development Bank of Kazakhstan JSC.

The purpose

Implementation, improvement and enhancement of the efficiency of state investment policy through leasing, development of the manufacturing industry, production infrastructure, as well as assistance in attracting foreign and domestic investment in the economy of Kazakhstan.

The mission of the Company

Assistance in modernization and renovation of fixed assets of enterprises in the industrial and infrastructure sectors.

JSC "IDF", being one of the key operators of state and government programs, such as the Unified Business Support and Development Program "Business Road Map 2020", the State Program for Industrial and Innovative Development, the State Program for Infrastructure Development "Nurly Zhol", provides medium and long-term financial leasing in priority sectors of the economy for the state, such as manufacturing, manufacturing and transport infrastructure.

«Qazaqstan Investment Corporation» JSC

"Qazaqstan Investment Corporation" JSC is a fund of private equity funds established in 2007 to promote: the sustainable development of the national economy; establishment of private equity infrastructure in Kazakhstan; attraction of foreign investments into priority sectors of the economy; efficient management of governmental assets; application of the leading/best international practices; and, transfer of innovative knowledge and technology into private equity sector.

"Qazaqstan Investment Corporation" JSC jointly with international institutional investors effectively manages the private equity funds. Funds in "QIC’s" JSC portfolio provide capital to companies in various sectors of the economy for further growth and competitiveness enhancement. "QIC" is one of the Companies owned by "Baiterek" National Management Holding" JSC.


Is to play a leading role in the development of private equity ecosystem in Kazakhstan by investing in strong private equity teams that can create sound and well-managed businesses and generate strong returns as well as support in growth and modernization of economy.

Baiterek Holding: affordable loans, business support and agribusiness development

Nurbolat Aidapkelov, First Deputy Chairman of the Board of JSC "NUH "Baiterek", gave an interview on the results of the financing of the agro-industrial complex for the first half of 2023.

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