Agreements signed to boost agricultural sector financing

Today, Baiterek Holding hosted a signing ceremony for credit agreements between the Apex Fund and three credit partnerships: Shardara-Nesiye (Turkistan Region), Syrdarya-1 (Kyzylorda Region), and Dihan (Zhambyl Region).
The first tranche, amounting to 400 million tenge, will address immediate agricultural needs. Future funding will also focus on supporting the growth of small and medium-sized businesses in rural areas.
The event featured Zhandos Shaikhy, Deputy Chairman of the Board at Baiterek Holding, alongside Apex Fund leadership, advisory board members, and representatives of the credit partnerships.
Zhandos Shaikhy remarked:
"Supporting the agro-industrial sector remains one of our key priorities. This partnership with the Apex Fund and credit partnerships will enhance the financial resilience of rural entrepreneurs and unlock new opportunities for rural development."
Background information: The Apex Fund was established drawing on international expertise to provide long-term support for Kazakhstan's agro-industrial sector. Utilizing advanced tools and an analytical platform, the fund mobilizes resources and fosters conditions for sustainable growth in agriculture.