/KASE, November 16, 2017/ – National managing holding KazAgro (Astana), whose
bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided
KASE with the following information statement:
quote
"KazAgro" National holding introduces electronic system which significantly
eases for agricultural entrepreneurs the lending process within the line of
subsidiary financing organizations of the Holding (Agrarian credit corporation
JSC, Fund for financial support of agriculture JSC, KazAgroFinance JSC). We
talk about putting into operation of the automated system of loan applications
collection and processing for submission by agribusiness entities of their
documents for lending through handy service in real-time mode. A potential
borrower has a possibility to apply for lending or leasing on state or Russian
languages without visiting the offices of lending companies of the Holding
decreasing time and financial expenditures significantly.
Besides, the innovation gives the farmer a possibility through his "Personal
account" to track the process of application and for feedback.
As the specialists of KazAgro noted the introducing system not only ensures
ease and transparency of services rendering by the group of the Holding
companies, but also decreases bureaucratic procedures and excludes a
possibility of corruption.
unquote
The full version of the press release is available on KASE website:
-
http://www.kase.kz/files/emitters/KZAG/kzag_reliz_161117_kz.pdf – in Kazakh;
-
http://www.kase.kz/files/emitters/KZAG/kzag_reliz_161117.pdf – in Russian.
[2017-11-16]