The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan published banking sector indicators as of 1 September 2025, showing that the 23 second-tier banks, including 15 with foreign participation (10 subsidiaries), increased total assets by 2.4% in August to KZT 66.6 trillion, largely driven by a 2.7% rise in the loan portfolio to KZT 40.9 trillion. High-liquid assets stood at KZT 19.5 trillion, representing 29.3% of assets, a level assessed as sufficient for banks to service obligations in full. Credit to the economy grew 2.4% in August to KZT 38.0 trillion, with tenge-denominated lending up 2.6% to KZT 34.8 trillion and foreign-currency lending up 1.1% to KZT 3.2 trillion, taking the tenge share to 91.6%. Business lending increased 1.4% to KZT 14.3 trillion, as SME loans rose 2.0% to KZT 6.3 trillion and loans to individual entrepreneurs rose 5.6% to KZT 2.9 trillion, while large business borrowing fell 1.6% to KZT 5.1 trillion due to early repayments; household lending rose 3.1% to KZT 22.7 trillion, including consumer loans of KZT 16.0 trillion and mortgages of KZT 6.6 trillion. System-wide NPL90+ remained unchanged at 3.5% of the loan book, or KZT 1.4 trillion, with 2.2% for business loans and 4.5% for household loans; provision coverage was 65.4%. Total liabilities increased 2.3% in August to KZT 56.9 trillion, driven by a 0.8% rise in household deposits to KZT 26.1 trillion and a 22.5% increase in repo funding to KZT 2.5 trillion. Resident deposits grew 1.0% to KZT 42.8 trillion and deposit dollarisation declined to 22.2%, while average rates on tenge term deposits were 15.4% for non-bank corporates and 14.3% for individuals. Equity rose 3.1% to KZT 9.8 trillion and capital adequacy ratios stood at 19.7% for k1 and 21.1% for k2; banks reported net profit of KZT 1,864 billion for January to August, with ROA at 4.5% and ROE at 30.8%.

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