09/28/2023 14:59:00

Fitch elevates Qazaqstan Investment Corporation's credit rating


Baiterek Holding reduces the number of subsidiaries

Baiterek Holding reduces the number of subsidiaries

Baiterek National Managing Holding has optimized its structure.

On July 25, 2022, Baiterek Holding transferred 100% of the shares of KazAgroFinance JSC to the Agrarian Credit Corporation JSC. Thus, Baiterek Holding now has seven subsidiaries left.

KazAgroFinance, being a subsidiary of the Agrarian Credit Corporation, will continue leasing agricultural machinery and equipment. The structural changes will not affect the company’s clients or cause any changes to leasing programs.

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