Baiterek National Managing Holding Presented Its Performance Results for 9 Months of 2025

A meeting of the Strategic Planning Committee of the Board of Directors was held at Baiterek National Managing Holding JSC, where the report on the Holding’s performance for January–September 2025 was reviewed. The report was presented by Deputy Chairman of the Management Board Zhandos Shaikhy.

According to preliminary data, in the first nine months of 2025 the Holding’s net profit amounted to 285 billion tenge, assets reached 16.9 trillion tenge, and the return on assets (ROA LTM) was 1.9%.

The following updates were provided by strategic area:

Support for Industry
The Development Bank of Kazakhstan financed 31 investment projects and 24 export operations, and issued two bank guarantees totaling 1.4 trillion tenge. Together with the Industrial Development Fund, 11 projects were commissioned.

Development of SMEs
The Damu Fund supported small and medium-sized businesses in the amount of 1.5 trillion tenge, including financing through conditional placement of funds, interest rate subsidies, and loan guarantees. The growth in guarantees is attributed to the launch of new agricultural insurance and lending tools, as well as the ‘Orleu’ preferential lending program.

Support for Export and Direct Investments
During the reporting period, 133 exporters received support totaling 1.16 trillion tenge. The Export Credit Agency provided insurance and financial support to 108 exporters in the amount of 483.7 billion tenge. Qazaqstan Investment Corporation financed 6 projects totaling 344.5 billion tenge.

Agricultural Sector
Support for agricultural producers amounted to 919 billion tenge, with financing provided to 13,351 agricultural enterprises. A total of 24 investment projects were financed; spring fieldwork and harvesting were carried out on 6.2 million hectares; and 10.3 thousand units of agricultural machinery and equipment were purchased with the Holding’s support.

Housing Sector
Otbasі Bank issued loans to the population totaling 1.16 trillion tenge, providing housing for more than 56,000 families. The Kazakhstan Housing Company issued guarantees totaling 180.9 billion tenge, repurchased municipal bonds for 300.9 billion tenge, and acquired rental housing worth 20.6 billion tenge.

A separate review was given on the progress of the plan to utilize 8 trillion tenge in 2025: as of 9 months, 5.1 trillion tenge (63.5%) has been utilized. The highest utilization was demonstrated by the Export Credit Agency, the Agricultural Credit Corporation, and KazAgroFinance — each exceeding 70% of the annual plan. Financing was primarily directed to agriculture, metallurgy, leasing, and industrial lending.