Project number:


Business sector:


Notice type:


Environmental category:


Approval date:

19 Oct 2004



PSD disclosed:

15 Sep 2004

Project Description

The proposed project will aim at facilitating and increasing financing available to private farms, agribusiness companies and traders for purchasing/leasing key agricultural equipment, mainly Russian-made grain combine-harvesters and tractors but also Western made machinery, especially seeding implements.

Transition Impact

Transition impact is expected to derive from the strengthening of  linkages with agricultural equipment manufacturers and increase of interregional trade, as the majority of the equipment expected to be financed will be Russian-made. A direct positive impact on the availability and quality of grain is expected by usage of better and newer machinery. Better grain quality will enhance competitiveness of exports from Kazakhstan and allow the country to build further on its competitive advantages.

The Client

Privately owned agribusiness companies operating in Kazakhstan. The financing will be channelled Bank CenterCredut, the fifth largest bank in Kazakhstan. The bank will leverage on the already established grain producing and trading clients and offer better access to finance and a wider range of banking services.

EBRD Finance

US$ 6 million to Bank CenterCredit.

Project Cost

US$ 6 million.

Environmental Impact

The Bank will require Bank CenterCredit to adhere to the Bank’s Environmental Procedures for Leasing and to the Environmental Exclusion and Referral List and this condition is one of the criteria for granting financing to the sub-borrowers. In addition, Bank CenterCredit will require the sub-borrowers to comply with national standards for environment, health and safety and confirm to the Bank on an annual basis that these requirements have been met.

Technical Cooperation


Company Contact

Galiya Essim
Bank CenterCredit
100 Shevchenko Str.
480072  Almaty
Republic of Kazakhstan
Tel. +7 (3272) 588 952

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

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Text of the PIP

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