The international rating agency Moody's Investors Service affirmed the long-term ratings of Industrial Development Fund JSC at “Baa3”, maintaining a “positive” outlook.
The affirmation of this rating reflects the Fund’s stable improvement in financial performance, the institute’s consistent economic policy, and the effectiveness of corporate activities aimed at financing industrial and transport-logistics projects.
The positive outlook serves as a fundamental basis for further progressive growth and comprehensive development, providing Industrial Development Fund JSC with the necessary liquidity and capitalization to implement strategic projects and initiatives aimed at diversifying the national economy and, ultimately, increasing the country’s GDP.
As of today, Industrial Development Fund JSC is a confident leader in the domestic leasing market. Each year, the Fund demonstrates sustainable growth of its financial and economic indicators. Over just three years, the Fund has expanded its portfolio more than threefold — from KZT 624 billion at the beginning of 2022 to KZT 2.3 trillion in 2025.
The Fund will continue to actively contribute to the country’s economic growth through systemic financial support for projects in the manufacturing and infrastructure sectors.
It should be noted that in 2024, the international rating agency Moody's Investors Service upgraded the long-term ratings of Industrial Development Fund JSC from “Ba1” to “Baa3”, while maintaining a “positive” outlook.
