The Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market published its second-quarter update on organizations engaged in microfinance activity. Assets rose 0.2% during the quarter to KZT 3.5 trillion as of July 1, driven by growth in pawnshop property accepted as microcredit collateral, but remained 0.1% below the start of 2026. The loan portfolio declined 0.6% to KZT 3.1 trillion, mainly because pawnshops issued fewer microcredits, although it was up 0.8% from the beginning of the year. Business microcredits fell 1% to KZT 1.7 trillion following repayments of seasonal loans from credit partnerships, while lending to individuals decreased 0.2% to KZT 1.4 trillion, primarily reflecting lower pawnshop consumer lending. The ratio of loans more than 90 days overdue fell to 3.9% from 4.9% a year earlier, including a decline to 5.1% from 7.4% for individual borrowers. Liabilities and equity each increased 0.2% during the quarter, reaching KZT 2.3 trillion and KZT 1.3 trillion, respectively.
2026-09-03Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market reports microfinance assets up 0.2% to KZT 3.5 trillion in second quarter
Kazakhstan’s financial market regulator reported that microfinance sector assets rose 0.2% in the second quarter to KZT 3.5 trillion, while the loan portfolio fell 0.6% to KZT 3.1 trillion. The NPL90+ ratio improved to 3.9% from 4.9% a year earlier, including a decline to 5.1% for individual borrowers.