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Sole Shareholder

BAITEREK NATIONAL MANAGEMENT HOLDING
Baiterek National Management Holding was established in 2013. The main task of the Holding is management of owned and placed into trust block of shares (share of participation) of national development institutions, national companies and other legal entities. The Holding was established with the purpose of optimization in the management system of development institutions, financial organizations and development of the national economy by the Decree of the President of the Republic of Kazakhstan No.571 of 22 May 2013. As of the end of 2014 the Holding’s structure includes 11 subsidiaries.
One of the key tasks of the Holding is ensuring effective and mutually complementary operation of the group of companies included in it.

MISSION STATEMENT
Promotion of sustainable economic development of Kazakhstan by financing and supporting of preferred economy sectors for state policy implementation, solving of social-oriented targets and achieving of aims, set by “Strategy-2050”.

PERSPECTIVE
Perspectives of Holding to 2023- holding is the main fiscal agent of the Republic of Kazakhstan Government, providing diversification, modernization and sustainable development of the country’s economy and solving of social-oriented targets of the government.

SUBSIDIARIES 

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 contributes to the sustainable development of the country's agro-industrial complex (AIC). KazAgroFinance JSC provides the agro-industrial complex with technical equipment and high-quality and competitive leasing services. Fund for Financial Support of Agriculture JSC finances small businesses in order to develop priority areas of the agro-industrial complex and increase the level of employment.

www.baiterek.gov.kz - official web-site of JSC "National Managing Holding "Baiterek"

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