Press releases

The Board of Directors of DBK approved the report on the Bank's Development Strategy for 2021

On May 27, under the chairmanship of Kanat Sharlapayev, a meeting of the Board of Directors of Development Bank of Kazakhstan JSC (subsidiary of Baiterek National Management Holding JSC, hereinafter referred to as the Bank) was held. The meeting was held online with the participation of all members of the Board of Directors and representatives of the Bank's management

There were eight items on the agenda, including:

• Consideration of the Report on the implementation of the Development Plan of Development Bank of Kazakhstan JSC for 2019-2023 based on the results of the first quarter of 2022.

• Approval of the Annual Report on the implementation of the Development Strategy of Development Bank of Kazakhstan JSC for 2014-2023 for 2021.

• Preliminary consideration and submission for consideration by the Sole Shareholder of the issue of approval of the annual report of Development Bank of Kazakhstan JSC for 2021.

• Approval of the list of key risk indicators of Development Bank of Kazakhstan JSC for 2022.

In particular, for the implementation of the Development Strategy in 2021, all indicators were successfully achieved, with the exception of one.

Thus, the indicator in terms of the volume of financing reached 533.2 billion tenge against a plan of 478.2 billion, the indicator for the share of non-state borrowing sources in the total borrowing structure exceeded 77% against the plan of 70%, and the share of the private sector in the loan portfolio at the end of 2021 reached 66.3% with a plan of at least 60%.

To achieve the goals, the Bank carried out a number of activities in 2021. Financing of investment projects in the manufacturing industry reached 399.1 billion tenge against a planned volume of 335.9 billion. The Bank financed export operations for 168.4 billion tenge against a plan of 103 billion. Planned financing of leasing transactions for 2021 was set at 185.1 billion tenge, in fact, the volume reached 193.8 billion tenge.

At the same time, within the framework of the Development Strategy, only one indicator was not achieved in terms of the share of the loan portfolio (including the leasing portfolio) of total assets. With a plan of at least 75%, it amounted to 70.49% due to unscheduled early repayment of some loans.

As a result of the meeting, the Board of Directors gave positive conclusions on all issues on the agenda.

For reference:
Development Bank of Kazakhstan JSC, a national development institution specializing in the financing and development of large-scale infrastructure and industrial facilities in Kazakhstan. The Bank offers a convenient structure for financing projects - from the investment phase to supporting the export of finished products. The “threshold” for financing investment projects is from 7 billion tenge, for the food industry - 3 billion tenge, for export operations - from 1 billion tenge. In order to increase information transparency, the Bank has also expanded the database of publicly available information on projects that are administered, financed and reviewed by DBK. On the Bank's website, you can find information about the main conditions of financing and general information on projects.
Public Relations Service of Development Bank of Kazakhstan JSC:
Phone: 8 (7172) 79 26 08
Website: www.kdb.kz
E-mail: pressa@kdb.kz

АО «Банк Развития Казахстана»
проспект Мәңгілік Ел, здание 55 А, н.п. 15 Z05T3E2 Астана
+7 (7172) 79 26 79