Kazakhstan's Private Leasing Companies Face Funding Disparities with State Firms
Private leasing companies in Kazakhstan are struggling with a lack of affordable funding, unable to compete equally with state-owned entities due to differences in the cost of capital. While the private leasing market grows by approximately 40% annually, further development is hindered by insufficient long-term and accessible funding. State players like 'KazAgroFinance' and the Industrial Development Fund access funds at significantly lower rates.
Headline and summary written by daryo. The full report belongs to LS.