Development Strategy of JSC «Development Bank of Kazakhstan» for 2014 - 2023.
Long-term development strategy of the Development Bank of Kazakhstan was approved by decision of the Board of Directors of the Bank dated 14th of July 2014 (Minutes № 156) and defines strategic goals and key trends of the Bank’s development until 2023.
The strategy goal — is the transformation of the Bank to modern and independent national development establishment, which lays significant role in creation of competitive non-energy sector of economy of Kazakhstan, being a financially stable and dynamical bank organization.
Strategic goals of the Bank for the period until 2023 are:
- To increase the scope of financed projects and investment programs up to KZT 4 384 billion in 2023.
- To raise the Project Development Index to 70 in 2023.
- To increase the rate of loan portfolio of the total assets of the Bank to 75% in 2023.
- To provide high quality of the loan portfolio of the Bank’s projects – to keep low level of provisions to the loan portfolio not exceeding 8% in 2023.
The Bank’s activity in intended to provision of financial aid to three priority objects of support; direct financing for enterprises, promotion of development of territories/clusters through infrastructural investments, and provision of access to financing through interbank lending for priority branches