Key business support institutions – Development Bank of Kazakhstan (a subsidiary of Baiterek Holding, hereinafter – DBK, the Bank) Export Credit Agency of Kazakhstan JSC; QazTrade Trade Policy Development Centre JSC; and the Atameken National Chamber of Entrepreneurs – have signed a Memorandum of Understanding and Cooperation.
Today, DBK’s portfolio includes projects across various sectors of the economy. In 2025, as part of direct lending, the Bank financed 36 pre-export transactions for a total amount of KZT 1,239 billion in sectors such as mechanical engineering, metallurgy, chemicals, food production and construction materials.
“The synergy of the four organisations will make it possible to create a ‘one-stop shop’ for exporters. Our task is not only to provide financing, but also to ensure that businesses receive all the necessary analytical and service support for successful entry into foreign markets,” said Vladimir Lee, Deputy Chairman of the Management Board of DBK.
The document is aimed at creating a unified coordination system to promote Kazakhstani products in foreign markets. Cooperation will include regular information exchange, meetings with entrepreneurs in the regions and the development of effective financial and non-financial support measures for exporters.
As part of the implementation of the Memorandum, the parties plan to develop a schedule of joint outreach events, where business representatives will be able to receive direct consultations on direct and trade finance, insurance of export contracts, the search for new sales markets and support in unlocking export potential.
The signed agreement is a logical continuation of the Bank’s strategy to support the non-resource sector. Combining the expertise of DBK, ECA, QazTrade and the Atameken NCE will provide new momentum for the development of export-oriented production in Kazakhstan.
Export development remains one of Kazakhstan’s key national priorities. According to the Trade Policy Concept of the Republic of Kazakhstan until 2030, exports of non-resource goods and services are expected to increase to USD 52 billion by 2030.
In turn, the National Development Plan until 2029 provides for increasing exports of manufacturing products to USD 37.9 billion and raising the share of processed products in the agro-industrial complex to 70%. Against this backdrop, pre-export financing and export contract insurance are becoming key instruments enabling Kazakhstani companies to increase supplies and enter new markets.
For this reason, the Bank places special emphasis on supporting projects focused on foreign markets. Through long-term lending and pre-export financing instruments, DBK is creating a solid foundation for the high-quality scaling of domestic production and the promotion of Kazakhstani producers in international markets.
The development of an internal export support ecosystem is complemented by DBK’s active participation in the global financial agenda. These days, the Bank’s expertise will be presented at the Berne Union meeting taking place in Astana. The Berne Union is a key international association supporting 10% of global trade. The participation of DBK’s management in the Union’s discussions on risks and digitalisation demonstrates the Bank’s application of advanced international standards in the interests of Kazakhstani producers.
