Kazakhstan Development Bank Business Financing
Program Overview
The Development Bank of Kazakhstan (KDB) is the country's premier development finance institution focused on the non-primary sector of the economy. The bank specializes in financing large-scale investment projects in manufacturing, transport infrastructure, and increasingly SME projects, with a mission to develop domestic non-resource potential and elevate Kazakhstan's industrial competitiveness.
Financing Terms
Unified Interest Rate
KDB offers a unified interest rate of 12.6% for projects in priority sectors including manufacturing, transport infrastructure, and SME development. This standardized rate simplifies the application process and provides predictable financing costs for borrowers.
Loan Maturity
Financing is available with maturities of up to 20 years, enabling long-term capital-intensive projects in industrial development and infrastructure. This extended repayment period aligns with the typical payback periods for major manufacturing facilities and transport projects.
Financing Products
Investment Project Financing
KDB provides medium and long-term loans for capital investment projects that expand production capacity, modernize facilities, or establish new industrial operations. This core product supports large businesses undertaking significant capital expenditures.
Export and Pre-Export Financing
The bank offers specialized export financing and pre-export lending to support Kazakhstan's exporters. This includes working capital loans for companies preparing goods for export and term financing for export-oriented production facilities.
Working Capital and Current Activities
KDB provides loans for current business activities including working capital, inventory financing, and operational expenses for established businesses in priority sectors.
Additional Financial Services
Beyond direct lending, KDB offers intermediate and mezzanine financing, syndicated financing, leasing transaction financing, guarantees, equity participation, and interbank financing to support diverse business needs.
SME Support Through Subsidiaries
While KDB primarily focuses on large businesses, the bank supports SMEs through its subsidiary structures, particularly the Industrial Development Fund (IDF). The IDF caters to both SMEs and large businesses with specialized financing products and support services.
Eligibility Requirements
Business Focus
Eligible businesses must operate in the non-primary sector, with priority given to manufacturing, transport infrastructure, and other industrial activities that develop Kazakhstan's non-resource economic potential.
Project Requirements
Projects must be located within the Republic of Kazakhstan, demonstrate economic viability, contribute to industrial development or infrastructure improvement, and align with Kazakhstan's economic development priorities.
Application Process
Step 1: Prepare a comprehensive business plan and financial projections demonstrating project viability and economic impact.
Step 2: Submit a financing application through KDB's official channels, including all required documentation on company registration, financial statements, and project details.
Step 3: Undergo KDB's due diligence process, which evaluates financial viability, industrial significance, and alignment with development priorities.
Step 4: Upon approval, execute financing agreements and fulfill any conditions precedent before disbursement.
Key Contacts
Official Website: https://www.kdb.kz/en/
Services Overview: https://www.kdb.kz/en/services/
For detailed information on financing products, application procedures, and eligibility criteria, visit the KDB website or contact the bank directly through their official channels.
Common Questions
The Development Bank of Kazakhstan (DBK) provides long-term project financing, export credit facilities, and working capital loans to businesses in priority sectors. DBK focuses on manufacturing, infrastructure, transportation, and energy projects that contribute to economic diversification. Loan terms are typically more favorable than commercial banks, with longer tenures of up to 20 years and competitive interest rates.
The Development Bank of Kazakhstan typically finances medium to large-scale projects, with minimum loan amounts generally starting at several hundred million tenge. Smaller businesses may access DBK-supported financing indirectly through partner commercial banks that receive credit lines from the development bank. The DBK prioritizes projects that create employment, introduce new technologies, and support Kazakhstan's economic diversification strategy.
DBK serves medium to large-scale projects with minimums typically starting from several hundred million tenge, reflecting its mandate for nationally significant industrial development. Projects must align with diversification priorities including manufacturing, transportation, and agricultural processing. Smaller enterprises are directed toward Damu Fund instruments or government-guaranteed commercial channels.
As a Baiterek subsidiary, DBK coordinates alongside Damu Fund, QazTech Ventures, and KazakhExport. This architecture allows applicants to access concessional lending, guarantee facilities, equity co-investment, and export insurance through a unified development finance ecosystem, preventing duplication while ensuring comprehensive lifecycle coverage from startup incubation through industrial scaling.
DBK provides long-tenor project finance facilities supporting polyethylene pellet production, polypropylene fiber extrusion, and synthetic rubber manufacturing installations converting Kazakhstan's abundant hydrocarbon feedstock into value-added chemical intermediates. Technical feasibility assessments examine catalyst selection specifications, reactor vessel engineering parameters, and environmental emission control system adequacy. Offtake arrangement documentation with domestic and export market industrial consumers substantiates revenue projection reliability. Environmental and social impact assessment compliance following IFC Performance Standards demonstrates institutional lending governance adherence beyond domestic regulatory minimums. Currency denomination flexibility enabling tenge or dollar loan structuring accommodates export revenue foreign currency earning patterns.
DBK finances grain elevator construction, flour milling equipment procurement, and oilseed crushing facility establishment across Kazakhstan's northern wheat belt provinces. Cold storage warehouse infrastructure enabling fruit and vegetable preservation throughout continental climate winter months receives dedicated allocation attention. Meat processing facility modernization encompassing stunning equipment installation, carcass chilling tunnel construction, and vacuum packaging line commissioning supports livestock value chain development objectives. Irrigation infrastructure rehabilitation projects restoring Soviet-era canal networks and implementing center-pivot sprinkler system installations improve agricultural water use efficiency across semi-arid southern provinces historically dependent on Syr Darya river basin allocation agreements.
References
- Development Bank of Kazakhstan. DBK (2025). View source
- DBK Strategic Priorities and Financing. The Astana Times (2026). View source
- EIB Global lends €200M to Development Bank of Kazakhstan. European Investment Bank (2025). View source
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