Prime Minister Askar Mamin held a meeting of the Board of Directors of "Baiterek" Holding
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Prime Minister Askar Mamin held a meeting of the Board of Directors of "Baiterek" Holding

Prime Minister Askar Mamin held a meeting of the Board of Directors of "Baiterek" Holding

04.03.2019

In the course of the meeting it was decided to increase the authorized capital of "DBK-Leasing" JSC, which is a part of the Holding, for leasing of buses, tractors and combines in the amount of 15 billion tenge A meeting of the Board of Directors of "Baiterek" National Managing Holding JSC was held in the Government House under the chairmanship of Prime Minister Askar Mamin. In the course of the meeting it was decided to increase the authorized capital of "DBK-Leasing" JSC, which is a part of the Holding, to lease buses, tractors and combines in the amount of 15 billion tenge, reports Primeminister.kz. In addition, it was approved the crediting of "Baiterek" holding with the subsequent provision of a loan to the "Development Bank of Kazakhstan" to support domestic automakers through conditional financing of second-tier banks for lending to individuals - buyers of cars produced in Kazakhstan. The second direction is crediting of leasing financing of legal entities and individual entrepreneurs who purchase vehicles and special-purpose vehicles on leasing, except for agricultural machinery of Kazakhstan production. Members of the Board of Directors also approved the Matrix of Business Processes, Risks and Controls for 2019 and the Report of the Internal Audit Service of the Holding Company for the IV quarter of 2018.