Subsidizing interest rates
Subsidizing rates remuneration on loans and leasing of technological equipment, for the purchase of farm animals, as well as leasing of agricultural machinery.
The main purpose of subsidizing interest rates on loans and leasing of technological equipment, for the purchase of farm animals, as well as leasing of agricultural machinery is to increase the availability of financial services to the subjects of agro-industrial complex.
The calculation of the amount of subsidies under the loan agreement approved by the commission shall be carried out:
- for the entire term of the contract;
- for loans previously granted by financial institutions, the subsidy accrual starts from January 1 of the year in which the subsidy application was submitted to the operator;
- for loan agreements concluded in the year of application for subsidies to the operator, starts from the date of disbursement of the loan or transfer of the leased item;
- on loan agreements issued by the financial institution in foreign currency, subsidizing is carried out in tenge at the exchange rate set by the National Bank of the Republic of Kazakhstan on the date of transfer of subsidy amounts by the working body to financial institutions.