ORDER OF THE MINISTER OF AGRICULTURE OF THE REPUBLIC OF KAZAKHSTAN

of March 5, 2026 No. 81

About introduction of amendments to the order of the Minister of Agriculture of the Republic of Kazakhstan of January 30, 2015 No. 9-1/71 "About approval of Rules of subsidizing within guaranteeing and loans insurance of subjects of agro-industrial complex"

I ORDER:

1. Bring in the order of the Minister of Agriculture of the Republic of Kazakhstan of January 30, 2015 No. 9-1/71 "About approval of Rules of subsidizing within guaranteeing and loans insurance of subjects of agro-industrial complex" (it is registered in the Register of state registration of regulatory legal acts No. 12183) the following changes:

in Rules of subsidizing within guaranteeing and loans insurance of the subjects of agro-industrial complex approved by the specified order:

in Item 2:

6) to state the subitem in the following edition:

"6) the guarantor – the affiliated organization of National Investment Holding Bayterek, Authorized on Provision of Guarantees; joint-stock company;

14) and 15) to state subitems in the following edition:

"14) the credit – the borrowed funds provided by bank, the affiliated organizations of national investment holding in the field of agro-industrial complex, credit partnerships, the regional investment centers, social business corporations, the microfinancial organizations to the borrower according to the credit agreement in national currency of the Republic of Kazakhstan on the terms of the paid nature, urgency, recoverability, security and purpose;

15) the creditor – the banks of the second level, the affiliated organizations of national investment holding in the field of agro-industrial complex having licenses for the right of banking operations (further – the affiliated organizations), the regional investment centers, social business corporations, and also leasing companies, credit partnerships and the microfinancial organizations;";

state Item 3-1 in the following edition:

"3-1. Subsidizing of part of the commission on guarantee for carrying out spring and field and/or harvest works is performed according to credit agreements, the corresponding following conditions:

1) issued by banks, the affiliated organizations, the regional investment centers, social business corporations, credit partnerships and the microfinancial organizations on replenishment of current assets;

2) loan term – no more than 18 (eighteen) months, with possibility of prolongation;

3) remuneration rate in the amount of no more base rate of remuneration established by National Bank of the Republic of Kazakhstan with increase at 7,5 (seven whole five tenth) % per annum;

4) loan currency – tenge;

5) loan repayment – implementation of payments in accordance with the terms of the credit agreement;

6) the maximum amount of the credit is determined by the guarantor based on internal documents of the guarantor;

7) purpose is replenishment of current assets on carrying out spring and field and/or harvest works, including crediting of processing enterprises for replenishment of current assets for the subsequent financing of subjects of agro-industrial complex by advancing of purchase of crop products (further – spring and field and/or harvest works);

8) guarantee period – the term exceeding 4 (four) months of term of the credit agreement with possibility of prolongation;

9) the guarantee size – 85 (eighty five) (inclusive) % of the amount of principal debt;

10) the guaranteeing commission constitutes no more than 10 (ten) % of the guarantee amount, at the same time one-time subsidizing of no more 9,99 (nine whole ninety nine 100-th) % of the amount of guarantee is performed and the borrower pays 0,01 (zero whole one 100-th) % of the guarantee amount;

11) the final borrower assumes obligations on insurance of acreage on which allocation of borrowing facilities is approved.

The condition specified in part one of this subitem is effective in the presence of budgetary funds for subsidizing of insurance premiums within Rules of subsidizing of the insurance premiums approved by the order of the Minister of Agriculture of the Republic of Kazakhstan of May 19, 2020 No. 172 (it is registered in the Register of state registration of regulatory legal acts No. 20673), and the operating insurance limit.

The guarantor applies method of portfolio guaranteeing according to credit agreements on carrying out spring and field and/or harvest works with the conclusion with the creditor of the agreement on portfolio guaranteeing and in accordance with the terms of these rules determines in the agreement maximum amount of the credit and guarantee for the borrower based on internal documents of the guarantor. In case of application of method of portfolio guaranteeing on the credits for carrying out spring and field and/or harvest works credit agreements are drawn up as independent credit agreements, including within the agreement on opening of credit line.

If as the creditor according to the credit agreement the credit partnership or social business corporation financed at the expense of means of the affiliated organization for the purpose of further financing of borrowers acts, the agreement on portfolio guaranteeing is signed between the guarantor, the affiliated organization and credit partnership or social business corporation.

The creditor independently, according to the procedure established by internal documents of the creditor considers the application of the borrower on financing.

In case of adoption by the creditor of the positive decision on loan granting on carrying out spring and field and/or harvest works with the guarantor's guarantee, the creditor within 5 (five) working days from the date of signing of the credit agreement provides to the guarantor the copy of the credit agreement, the decision of authorized body of the creditor on financing, the document on payment of part of the commission on guarantee according to these rules based on which the guarantor within 2 (two) working days draws up the warranty obligation and sends to the creditor.

The procedure for drawing of the requirement for guarantee and its execution by the guarantor according to warranty obligations are made by the guarantor according to the agreement on portfolio guaranteeing with observance of the requirements established by these rules.";

state Item 3-2 in the following edition:

"3-2. Subsidizing of part of the commission on guarantee is performed on types of activity according to appendix 1 to these rules and according to credit agreements, the corresponding following conditions:

1) issued by creditors on replenishment of current assets;

2) loan term – no more than 18 (eighteen) months, with possibility of prolongation;

3) the rate of remuneration or return rate applied to financing on the Islamic principles in the amount of no more base rate of remuneration established by National Bank of the Republic of Kazakhstan with increase at 7,5 (seven whole five tenth) % per annum;

4) loan currency – tenge;

5) loan repayment – implementation of payments in accordance with the terms of the credit agreement;

6) the maximum amount of the credit is determined by the guarantor based on internal documents of the guarantor;

7) guarantee period – the term which is not exceeding 4 (four) months of term of the credit agreement with possibility of prolongation;

8) the guarantee size – to 85 (eighty five) % (inclusive) of the amount of principal debt;

9) the guaranteeing commission constitutes no more than 10 (ten) % of the guarantee amount, at the same time one-time subsidizing in the amount of 9,99 (nine whole ninety nine 100-th) % of the amount of guarantee is performed and the borrower pays 0,01 (zero whole one 100-th) % of the guarantee amount.

The guarantor applies method of portfolio guaranteeing according to credit agreements on replenishment of current assets with the conclusion with the creditor of the agreement on portfolio guaranteeing and in accordance with the terms of these rules determines in the agreement maximum amount of the credit and guarantee for the borrower based on internal documents of the guarantor. In case of application of method of portfolio guaranteeing on the credits for replenishment of current assets credit agreements are drawn up as independent credit agreements, including within the agreement on opening of credit line.

If as the creditor according to the credit agreement the credit partnership or social business corporation financed at the expense of means of the affiliated organization for the purpose of further financing of borrowers acts, the agreement on portfolio guaranteeing is signed between the guarantor, the affiliated organization and credit partnership or social business corporation.

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