• 05.03.2026
• Press releases

DBK Presents New Approaches to Financing Strategic Projects at the XIII CFO Summit

Marat Yelibayev, Chairman of the Management Board of the Development Bank of Kazakhstan (a subsidiary of Baiterek Holding, hereinafter - DBK, the Bank), took part in the XIII CFO Summit Kazakhstan.

The CFO Summit traditionally brings together leaders of financial institutions, regulators and the corporate sector to discuss key trends shaping the economy and financial markets.

In his speech, Marat Yelibayev outlined the strategic transformation of Baiterek Holding, highlighting its transition to a national investment holding model aimed at building an integrated ecosystem for attracting and supporting investment. The ecosystem brings together the instruments of Baiterek's subsidiaries, bank financing, state support mechanisms and the capabilities of international partners.

According to him, this approach creates a transparent and coherent decision-making architecture while strengthening coordination between development institutions and the financial sector. As an investment holding, Baiterek's key objective will be to structure around 15-20 systemically important investment projects of national significance annually.

"Today, the role of financial institutions is evolving significantly. We are expected not only to ensure access to financing, but also to contribute to sustainable economic growth and investment inflows into the national economy," Marat Yelibayev noted.

During the session, he also outlined DBK's role, emphasizing that the Bank demonstrates strong performance indicators, manages assets exceeding KZT 7.7 trillion and provides long-term financing for strategically important projects across manufacturing, infrastructure, energy, logistics, chemicals, engineering and agribusiness. The Bank also maintains stable access to international capital markets, with borrowings totaling approximately USD 9.9 billion, of which 79% have been raised on market terms.

A separate part of the speech focused on cooperation with second-tier banks. A Joint Action Plan is currently being developed with the National Bank of Kazakhstan, the Agency for Regulation and Development of the Financial Market, the Association of Financiers of Kazakhstan, Baiterek Holding and second-tier banks.

The Plan aims to establish a coordinated and sustainable cooperation framework, including more active deployment of excess banking liquidity into the real economy, expanded access to financing for businesses and greater efficiency of state support mechanisms.

Concluding his remarks, Marat Yelibayev noted that the transformation of Baiterek Holding is aimed at building a sustainable investment environment that will attract private and foreign capital, foster competitive industries and strengthen Kazakhstan's export potential. He expressed confidence that consolidating the efforts of the state, financial institutions and business will ensure long-term economic growth and enhance the country's investment attractiveness.