The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan published supervisory statistics on organisations engaged in microfinance activity, showing assets rising 2.2% in the fourth quarter of 2025 to KZT 3.5tn as of 1 January 2026, driven by growth in pawnshop consumer microcredits. Over the same period, the sector’s loan portfolio increased 1.5% to KZT 3.1tn, while the share of loans overdue by more than 90 days (NPL90+) fell to 3.9% from 4.6% a year earlier. In the asset mix, microfinance organisations held KZT 1.7tn (47.4%), credit partnerships KZT 1.3tn (36.0%) and pawnshops KZT 0.6tn (16.5%). Business microcredits represented 56.6% of microcredits and retail microcredits 43.4%, with business lending down 2.0% in the quarter to KZT 1.8tn due to the conversion of two microfinance organisations into second-tier banks, while loans to individuals rose 6.4% to KZT 1.3tn, mainly reflecting a 12.2% increase in pawnshop consumer microcredits. Liabilities increased 5.4% in the quarter to KZT 2.3tn, with borrowed loans accounting for 66.2% of total liabilities (KZT 1.5tn), and equity fell 3.0% to KZT 1.3tn due to a decline in retained net profit.
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan 2026-03-05
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan reports microfinance sector assets at KZT 3.5tn and NPL90+ at 3.9%
The Agency for Regulation and Development of the Financial Market of Kazakhstan reported a 2.2% rise in microfinance assets to KZT 3.5tn in Q4 2025, driven by pawnshop consumer microcredits. The sector's loan portfolio grew 1.5% to KZT 3.1tn, with NPL90+ decreasing to 3.9%. Business microcredits fell 2.0% due to conversions to banks, while loans to individuals increased 6.4%, reflecting a 12.2% rise in pawnshop consumer microcredits.