07.08.2025, 19:34
Loans for Farmers: Agricultural Lending in Kazakhstan Up by 10.8%
Kazakh farmers increase borrowing: 10.8% rise in agricultural lending across key regions
Kazakhstani agricultural producers have increasingly turned to borrowed funds. According to the National Bank, as of July 1, 2025, the volume of agricultural lending reached a record 556.3 billion tenge — 10.8% higher than in the same period last year.
The agricultural sector in Kazakhstan is showing growing interest in bank financing. Amid the need for modernization, expansion of arable land, and increased profitability, farmers are more actively seeking loans. As reported by LS, citing data from the National Bank, from the beginning of the marketing year until July 1, 2025, the total amount of loans issued to agricultural enterprises amounted to 556.3 billion tenge.
Almost the entire amount — 555.8 billion tenge — was issued in the national currency, highlighting the domestic nature of the borrowing operations and the stability of the tenge in the agricultural sector.
In terms of regional distribution, Almaty leads with 183.5 billion tenge in loans. However, despite holding the top position, the city has seen a decline in lending activity: compared to the same period last year, the volume of loans decreased by 18.3%.
At the same time, other regions are showing confident growth. In the capital, Astana, the volume of loans reached 87.4 billion tenge — nearly double the figure from the previous year. In Akmola Region, farmers received 51.7 billion tenge (+10.3%), in Kostanay Region — 44.3 billion tenge (+21.6%), and in Shymkent — 30.8 billion tenge (+120%).
The lowest levels of agricultural lending were recorded in the Ulytau and Mangystau regions, with 1.4 billion and 2.05 billion tenge respectively. Nevertheless, both regions also saw growth: +42.7% and +16.6%.
The rise in credit activity in the agribusiness sector may indicate growing investment activity and trust in the banking system. Borrowed funds are often used to upgrade equipment, implement new technologies, and expand production — all critical factors for ensuring national food security.
