In March 2023, trading was held on the Kazakhstan Stock Exchange (KASE) to place the first issue of «green» bonds of the Development Bank of Kazakhstan. The placement volume amounted to 10 billion tenge.

In April, DBK approved its own Roadmap for introducing ESG into its activities. By this, the Bank demonstrated its commitment to ESG principles both in internal processes and in project financing.

DBK and the State Development Bank of China entered into a general loan agreement with a limit of $300 million.

The Industrial Development Fund announced the launch of the Manufacturing Industry Project Financing Program for small and medium-sized businesses. It is aimed at updating fixed assets for SMEs in the manufacturing industry and creating new jobs.

DBK and the National Bank for Foreign Economic Affairs of the Republic of Uzbekistan signed an agreement to provide a credit line with DBK for an Uzbek bank. The document provides financing for the export of Kazakhstani products and services.

The Industrial Development Fund became the operator of the Preferential Car Loan Program using funds received from Zhasyl Damu JSC.

DBK announced the launch of programs to support manufacturing enterprises with export potential at preferential remuneration rates. The emphasis was placed on medium-sized enterprises that are planning or are just starting to operate in foreign markets.
DBK launched an Internet banking system for legal entities, which made it possible to provide banking services to clients remotely.

By order of the President of the Republic of Kazakhstan, on August 18, 2020, the Industrial Development Fund JSC was created on the basis of DBK-Leasing. The priority for providing leasing financing has been retained.

The volume of DBK investments in the manufacturing industry and infrastructure exceeded 500 billion tenge (in annual terms) – for the first time in its history.

For the first time in its history, in December 2018, DBK supported the export of Kazakh services by issuing a guarantee for the construction of a gold extraction plant at the largest gold deposit in Kyrgyzstan, Jeroi.

A subsidiary company, DBK Capital Structure Fund B.V., has been created, which provides financing services to business entities through the acquisition of a share in capital within the framework of the DBK and DBK-Leasing projects.
In December 2017, DBK conducted the debut public issue of Eurobonds denominated in tenge for Kazakhstani issuers in the amount of 100 billion tenge. Almost the entire volume of the issue was purchased by international investors.
In April, the Preferential Car Loan Program is launched, with DBK acting as its operator. The program operates on a revolving principle, when new car loans are issued through repayments of existing borrowers.

In May 2013, the stake in the Development Bank of Kazakhstan was transferred to the trust management of «Baiterek» National Management Holding JSC.

A mechanism for lending to the economy was created within the framework of the Interbank Lending program. DBK provided liquidity to second-tier banks for further financing of projects.

As part of the debut tranche, the program’s partner banks financed 33 projects, where more than 75% of the funds were allocated to the manufacturing industry, and the rest was allocated to infrastructure projects.

In December, DBK signed four financial contracts with the European Investment Bank for a total of 120 million euros.

DBK became the first issuer in the post-Soviet space to successfully issue a new type of securities – Islamic securities «Sukuk al-Murabaha». This transaction received prestigious awards from such international publications as «The Banker» and «EMEA Finance».

Also in 2012, DBK placed Eurobonds worth $1 billion among investors. This transaction became the largest issue within a single tranche among Kazakh banks and at the time of placement had historically low parameters of profitability and coupon rate among non-sovereign issuers of the CIS countries.
The total volume of goods and services produced by enterprises introduced with the participation of DBK exceeded 90 billion tenge, and the volume of revenue from their sales amounted to almost 100 billion.
In 2008, two of the bank's projects were awarded the ADFIAP (Association of Development Finance Institutions in the Asia-Pacific) «Best Projects in the Field of Infrastructure and Technology Development» awards.

Despite the onset of the global financial crisis, thanks to the well-coordinated work of the team, the Bank was able to maintain investment ratings.

The increase in the volume of lending by the Bank to the economy in 2007 was more than 210% compared to 2006, and the participation of DBK in the implementation of investment projects and export operations was more than 186%.

In October 2007, the Bank took over the chairmanship of the Interbank Association of the Shanghai Cooperation Organization.

In March 2006, DBK became part of the Qazyna Sustainable Development Fund. It included state development institutions, and the stated goals were to form the basis of national welfare and stability, as well as attract investors through mechanisms for developing the principles of corporate governance and IPO.

In November 2006, Euromoney recognized DBK as the winner in the category «Leading Bank in the Field of Corporate Governance in Emerging Europe».

In August 2003, the Bank was reregistered from DBK CJSC to Development Bank of Kazakhstan JSC.

DBK was the first in the CIS countries to receive a rating at the sovereign level from all three leading rating agencies: Standard & Poor’s – ‘BBB’/Stable, Fitch Ratings – ‘BBB’/Positive and Moody’s – ‘A2’/Stable.

The tools for investment financing of projects were expanded through the creation of a subsidiary organization, DBK-Leasing, in September 2005. This made it possible to provide leasing financing for investment projects.

In December, the Bank entered into a debut individual loan agreement with Deutsche Bank London AG in the amount of $2.8 million.

DBK also won the title of «The most dynamic development bank in the world», awarded by the analytical financial publication Euromoney.

In February 2002, a few months after receiving the license, DBK registered 4,500,000 five-year indexed coupon bonds.

In October 2002, the Bank placed Eurobonds on the Luxembourg Stock Exchange in the amount of $100 million.

Thanks to this, DBK was able to make a name for itself both in the domestic and international financial markets.

On April 25, 2001, the Law «On the Development Bank of Kazakhstan» was signed, which determined the special status and tasks of the DBK.

On May 18, 2001, the Government of the Republic of Kazakhstan adopted a resolution on the creation of the Bank, and on May 31, Development Bank of Kazakhstan JSC was registered with the Ministry of Justice of the Republic of Kazakhstan.

On October 12, 2001, the National Bank issued DBK banking license No. 253 to conduct certain types of banking operations.

The Bank's activities were determined to be increasing the efficiency of government investment activities, developing production infrastructure and manufacturing industries, as well as assistance in attracting external and internal investments into the economy of Kazakhstan.

The bank's authorized capital was set at 30 billion tenge.
On December 28, 2000, a decree was issued by the first President of the Republic of Kazakhstan on the formation of the Development Bank of Kazakhstan.

Chairmen of the Board of the Development Bank of Kazakhstan JSC

  • Baybazarov Nurlan Serikovich
  • Iskakov Ruslan Viktorovich
  • Sarkulov Abay Serikovich
  • Zhamishev Bolat Bidakhmetovich
  • Dostiyarov Askar Abayevich
  • Kusainov Nurlan Zhetpisovich
  • Iskaliyev Gali Nazhmedenovich
  • Zhakanov Zhanat Shamishevich
  • Sembin Askar Bolatovich
  • Shalgimbayev Kambar Basargabyzovich
  • Mynbayev Sauat Mukhametbayevich