The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan published data showing Kazakhstan's banking sector expanded in April, with total assets rising 1.1% to KZT 71.3 trillion as the loan portfolio grew 0.9% to KZT 43.8 trillion. Lending to the economy increased 0.8% to KZT 40.6 trillion, driven mainly by household borrowing, while high liquid assets stood at KZT 20.4 trillion, or 28.5% of total assets. Retail lending rose 0.9% to KZT 25.3 trillion, including KZT 17.0 trillion of consumer loans and KZT 7.2 trillion of mortgages, while business lending increased 0.5% to KZT 15.3 trillion. Banks issued KZT 3.4 trillion of new loans in April, 0.6% more than in April 2025, and new business lending reached KZT 1.9 trillion, up 6.4% as new lending to SMEs increased 39.5%. Sector liabilities climbed 1.7% to KZT 60.3 trillion and resident deposits rose 1.1% to KZT 47.1 trillion, with household deposits up 1.4% to KZT 26.6 trillion and corporate deposits up 0.7% to KZT 20.5 trillion. The NPL90+ ratio stood at 4.1% of the loan portfolio, capital adequacy ratios were 20.1% for k1 and 20.9% for k2, and year to date net profit totaled KZT 796 billion, down 12.0% from the same period of 2025.
2026-06-09Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan reports April bank asset growth to KZT 71.3 trillion with NPL90+ at 4.1%
The Agency for Regulation and Development of the Financial Market of Kazakhstan reported further banking sector expansion in April, with total assets up 1.1% to KZT 71.3 trillion and lending to the economy up 0.8% to KZT 40.6 trillion, driven mainly by household borrowing. Sector liabilities rose 1.7% to KZT 60.3 trillion and resident deposits 1.1% to KZT 47.1 trillion, while the NPL90+ ratio stood at 4.1% and capital adequacy ratios at 20.1% (k1) and 20.9% (k2). Year-to-date net profit reached KZT 796 billion, 12.0% lower than a year earlier.