Calendar of events
MARCH 1
The Company hosted a roundtable named as “Technical Upgrade – the Basis for Growth in the Agro-Industrial Complex” attended by representatives of the Ministry of Agriculture of the Republic of Kazakhstan, KazAgro Holding, and over 120 farmers nationwide, manufacturers and suppliers of equipment.
MARCH 28
The Company launched new special programs “Reliable Farmer” and “Your Own Feed”.
JUNE 17
The Company approved a new Board of Directors of KazAgroFinance JSC (BoD).
MARCH 15–17
For the 13th time in a row the Company took part in the AgriTek/FarmTek Astana 2018, International Specialized Agricultural Exhibition.
APRIL 24
The Company concluded an independent study to probe the availability of the Company’s services and customer satisfaction. The level of customer satisfaction was 93.0%.
JULY 10
Expert RA Kazakhstan, a rating agency, screened Company’s corporate governance system and assigned it a corporate governance rating of 7.
SEPTEMBER 19
The Company launched Express-Leasing, a new financing scheme, in order to make it faster for crop farmers to receive lease assets.
IN OCTOBER-NOVEMBER
The Company placed new issue of coupon bonds without collateral (KAFIb7) for a total value of 7.9 billion tenge on “Kazakhstan Stock Exchange” JSC.
DECEMBER 14
The annual report of KazAgroFinance JSC 2017 was recognized as the best in the financial sector at the VIII contest of annual reports, and also took the 9th place among the reports of more than 100 participants of the competition .
OCTOBER 25-27
The Company took part in the international specialized agricultural exhibition “KazAgro/KazFerma-2018”.
NOVEMBER 23
The Company organized the Issuer’s Day in the premises of “Kazakhstan Stock Exchange” JSC, where the Company’s management met with
institutional investors and professional participants in the securities market.
DECEMBER 26
The State Economic Modernization Commission formally decided to exclude the Company from the list of privatizable assets.
Address by Chairman of the Board of Directors
Daniyar Zhumashov
In 2018, the company demonstrated strong performance in all components of the current development Strategy for 2017-2026. With an efficient governance system and well-coordinated teamwork, all key strategic indicators have been over-fulfilled
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Address by Chairman of the Management Board
Kanysh Izbastin
Impressive results were achieved due to a wellcoordinated and efficient team focused on the development of the Company and the achievement of its goals.
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Development strategy
1.
Strategic area
Increasing investment prospects
2.
Strategic area
Improvement and development of leasing services
3.
Strategic area
Corporate development
Operating results
72.7 BN TENGE
INVESTED IN THE DEVELOPMENT OF THE AGRO-INDUSTRIAL SECTOR
2,773 FINANCING CONTRACTS
CONCLUDED WITH FARMERS
6,728.4 MLN TENGE
IN 2018, THE COMPANY RECEIVED THE GREATEST NET INCOME IN ITS ENTIRE HISTORY, WHICH WAS
BY 4%
CORPORATE GOVERNANCE RATING INCREASED
COMPARED WITH THE PREVIOUS YEAR
COMPARED WITH THE PREVIOUS YEAR
93%
Customer satisfaction with the Company’s services was
1,500 customers
financed
3,426 units
of machinery and equipment leased out for a value of
63.0 bn tenge
At the VIII contest of annual reports organized by Expert RA Kazakhstan, KazAgroFinance’s annual report was recognized as the best in the financial sector, and also ranked 9th among all participants of the contest (over 100 companies).