/KASE, April 16, 15/ – KazAgroFinance JSC (Astana), whose bonds are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following
statement:
quote
"KazAgroFinance" JSC announces the receipt of applications and documents from
clients to subsidize interest rates on loan/leasing contracts. Under the terms
of the interest rate program on loans for working capital and acquisition of
fixed assets, construction and leasing for the purchase of manufacturing
equipment and agricultural machinery reduced by 7% per annum, in turn, the
interest rate on contracts for the purchase of agricultural machinery and
equipment in the livestock sector and fodder production is reduced by 10% (with
confirmation of having at least 50 conventional heads of farm animals), or the
presence of land used for growing fodder crops). That, in general, is a
significant measure of state support for the development of fodder production
and the agricultural sector as a whole.
unquote
The full version of the statement is available on KASE website at:
-
http://www.kase.kz/files/emitters/KAFI/kafi_reliz_150415_kz.pdf – in Kazakh;
-
http://www.kase.kz/files/emitters/KAFI/kafi_reliz_150415.pdf – in Russian.
[2015-04-16]