KazAgro” Holding – outlook “Stable”
London, 20 March 2018, Moody’s Investors Service Ltd. rating agency rated “KazAgro” National management holding” JSC with long-term credit rating of issuer on obligations in foreign currency at the level “Ba1” with the outlook “Stable”. The ratings on national scale are assigned at the level Aa2.kz.
According to the Agency, “KazAgro” Holding is the main channel of financing of the Government of RK (rating Baa3 “Stable”), used for financial support of agricultural sector of the country including though subsidiary organizations under the umbrella structure of the Holding.
Thus, the assigned ratings reflect the important role of KazAgro in the development of agriculture in Kazakhstan and significant connection of the Holding with the Government of RK.
“KazAgro” National management holding” JSC implements the state policy on development of agribusiness complex of Kazakhstan by means of providing effective management of investment assets of companies included into its structure. The Holding includes “Food contract corporation” National company” JSC, “KazAgroProduct” JSC, “KazAgroFinance” JSC, “Agrarian credit corporation” JSC, “Fund for financial support of agriculture” JSC, “KazAgroGarant” JSC and “Kazagromarketing” JSC.