Nice Capital is a subsidiary in Kazakhstan which is offering financial leasing at competitive terms and conditions to the local market. The Company intends to play a major role as a leading private leasing company in the underdeveloped Kazakh leasing market. We strive for superior returns for our shareholders and have the vision to become the most successful leasing company in the region.
Leasing Focus
The main focus of the leasing activities in Kazakhstan is agricultural equipment which benefits from a large demand of small and medium sized companies for affordable financial leasing solutions. There is a State subsidy program providing subsidies to leasing transaction with agricultural assets. As a second leg, the company will invest into machines and equipment for road and building construction. Due to large road infrastructure investment programs by the State and the Silk Road initiative, the demand for all sort of building machines is booming.
Agriculture in Kazakhstan
Kazakhstan has got a large agricultural sector which historically plays a major role in the overall economic production of the country. It ranks among the top 10 grain exporters in the world with wheat exports being a major source of hard currency income. The agricultural machinery in commercial use is old and outdated. The renewal rate has been between 3-5% per year for a long time but should range between 6 – 8% annually in order to keep the fleet operationally stable.
Nice Capital is a subsidiary in Kazakhstan which is offering financial leasing at competitive terms and conditions to the local market. The Company intends to play a major role as a leading private leasing company in the underdeveloped Kazakh leasing market. We strive for superior returns for our shareholders and have the vision to become the most successful leasing company in the region.
The main focus of the leasing activities in Kazakhstan is agricultural equipment which benefits from a large demand of small and medium sized companies for affordable financial leasing solutions. There is a State subsidy program providing subsidies to leasing transaction with agricultural assets. As a second leg, the company will invest into machines and equipment for road and building construction. Due to large road infrastructure investment programs by the State and the Silk Road initiative, the demand for all sort of building machines is booming.
Kazakhstan has got a large agricultural sector which historically plays a major role in the overall economic production of the country. It ranks among the top 10 grain exporters in the world with wheat exports being a major source of hard currency income. The agricultural machinery in commercial use is old and outdated. The renewal rate has been between 3-5% per year for a long time but should range between 6 – 8% annually in order to keep the fleet operationally stable.