The sole shareholder of “DBK-Leasing” is the JSC «Development Bank of Kazakhstan»
АО JSC “Development Bank of Kazakhstan” was registered by the Registration Committee in the Ministry of Justice of the Republic of Kazakhstan on May 31st 2001 as a closed joint stock company, and on August 18th , 2003, in accordance with the laws of the Republic of Kazakhstan was re-registered as a joint stock company.
The Bank’s mission is to promote the sustainable long-term economic growth of the Republic of Kazakhstan by meeting the investment needs related to accelerated development of competitive non-oil sector of the economy, not provided by the second-tier banks on a commercial basis in credit resources.
Niche of the Bank:
– Manufacturing, industrial and transport infrastructure;
– Large (over 5 million) capital-intensive investment projects with long payback periods;
– Promoting the export of the Kazakh producers.
According to the Law of the Republic of Kazakhstan “On Banks and Banking Activities in the Republic of Kazakhstan” the bank has a special legal status, defined by the Law.
In accordance with the law the objectives of the Bank are improving and enhancing the efficiency of public investment, development of industrial infrastructure and manufacturing industries, encouragement of foreign and domestic investment in the economy.
Goals of the Bank:
-Medium-term (5 to 10 years) and long-term (10 to 20 years) financing of investment projects;
– Credit, including co-financing of export operations through loans both for residents suppliers of Kazakhstan products, and non-resident buyer of the Kazakh products;
– Provision of mezzanine finance, project finance, business financing borrowers in the implementation of projects financed by the Bank of Development;
– Encouraging of lending to the productive sector of the economy of the Republic of Kazakhstan by issuing guarantees for loans and credits granted by other lenders, as well as co-financing, implementation of inter-bank lending;
– Improving the mechanisms of financing of investment projects implemented by the Government of the Republic of Kazakhstan;
– Other goals in accordance with the laws of the Republic of Kazakhstan.