Baku, Azerbaijan, March 16
By Fakhri Vakilov – Trend:
Kazakhstan's national managing holding KazAgro has decided to merge two subsidiaries - the Fund for Financial Support of Agriculture JSC and KazAgroGarant JSC, Trend reports via Kazakh media.
The Management Board of KazAgro Holding JSC has decided to approve charter of the project for the reorganization of Fund for Financial Support of Agriculture JSC by joining KazAgroGarant JSC to it.
Fund for Financial Support of Agriculture JSC is a specialized financial and credit organization. The main task of the fund is to increase the access of the rural population to financial services and resources.
KazAgroGarant JSC (formerly, the Fund for Guaranteeing the Performance of Grain Receipts), specializes in development of risk hedging systems for the agricultural sector in the field of insurance and guaranteeing the fulfillment of obligations of agricultural entities.
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