/KASE, March 30, 2017/ – National Managing Holding KazAgro (Astana), whose bonds
are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press release:
quote
As at the end of this March, KazAgroFinance, subsidiary of National Managing
Holding KazAgro, received 811 applications worth over KZT11 bn from local
agrarian for funding of purchase of agrarian machinery in the run-up to the
spring sowing campaign.
As of December 28, 2016 the interest rate for leasing of agrarian equipment was
reduced by the company from 19% to 17.3% APR.
As of now, financial leasing agreements worth KZT2.4 bn involving 299 pieces
of machinery were concluded with agrarians. Also 116 applications worth KZT1.8 bn
have been approved; other applications are being considered.
unquote
The full press release is available on KASE website:
-
http://www.kase.kz/files/emitters/KZAG/kzag_reliz_300317_kz.pdf – in Kazakh;
-
http://www.kase.kz/files/emitters/KZAG/kzag_reliz_300317.pdf – in Russian.
[2017-03-30]