JSC National Operating Holding Kazagro was attracted by a loan on favorable terms from The Royal Bank of Scotland Plc (Royal Bank of Scotland) for the sum of 100 million US dollars. This transaction allowed to lower a total cost of funding of JSC NUH Kazagro. The raised funds will be allocated for replenishment of working capital of Holding, for the purpose of implementation of financing of agro-industrial complex of the Republic of Kazakhstan, and also financial improvement of subjects of agrarian and industrial complex.
The concluded transaction became a bright example of cooperation of Kazagro with the international banks for support of state programs.
Reference:
JSC National Operating Holding Kazagro realizes a state policy on development of agro-industrial complex of Kazakhstan by ensuring effective management with investment assets of the companies entering into its structure.
JSC Kazagrogarant and JSC Kazagromarketing are a part of holding of JSC Food Contract Corporation National Company, JSC Kazagroprodukt, JSC Kazagrofinance, JSC Agrarian Credit Corporation, JSC Fund of Financial Support of Agriculture.