The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan published banking sector data as of 1 April 2026 showing 23 second-tier banks in operation and total sector assets of KZT 70.5tn, up 0.7% in March as the loan portfolio rose 0.9% to KZT 43.4tn. Loans to the economy increased 0.5% to KZT 40.3tn, mainly on growth in household lending, while high-liquid assets stood at KZT 19.7tn, or 27.9% of assets. March new lending totaled KZT 3.2tn, 10.2% above a year earlier. The business loan book edged up 0.3% to KZT 15.3tn, including a 0.4% rise in small and medium-sized enterprise loans to KZT 7.4tn, while household lending increased 0.5% to KZT 25.1tn, with consumer loans at KZT 16.9tn and mortgages at KZT 7.1tn. Resident deposits rose 1.0% to KZT 46.6tn as tenge deposits grew and foreign currency deposits fell, reducing dollarization to 19.9%. NPL90+ loans were 3.9% of the portfolio, or KZT 1.7tn, provision coverage was 61.9%, sector capital rose 1.8% to KZT 11.2tn, capital adequacy stood at 20.8% for k1 and 21.5% for k2, and net profit was KZT 592bn, down 10.8% from March 2025.
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan 2026-05-06
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan publishes March banking sector data with assets at KZT 70.5tn and NPL90+ at 3.9%
The Agency for Regulation and Development of the Financial Market of Kazakhstan reported that as of 1 April 2026 the banking sector comprised 23 second-tier banks with total assets of KZT 70.5tn, supported by a 0.9% increase in the loan portfolio to KZT 43.4tn and resident deposits of KZT 46.6tn amid dollarization of 19.9%. High-liquid assets were KZT 19.7tn, NPL90+ stood at 3.9% of loans with 61.9% provision coverage, capital adequacy ratios k1 and k2 were 20.8% and 21.5% respectively, and net profit reached KZT 592bn, down 10.8% year-on-year.