The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan published first quarter 2026 supervisory data on organisations carrying out microfinance activities, showing a slight contraction in sector assets but continued loan growth. As of 1 April 2026, assets fell 0.4% to KZT 3.5 trillion, driven by a decline in receivables at credit partnerships, while the loan portfolio increased 1.4% to KZT 3.1 trillion. Microfinance organisations accounted for 48.2% of assets, credit partnerships for 33.3%, and pawnshops for 18.6%. In the microcredit portfolio, loans to businesses represented 54.9% and loans to individuals 45.1%. The business portfolio fell 1.6% to KZT 1.7 trillion as seasonal loans issued by credit partnerships were repaid, while household lending rose 5.4% to KZT 1.4 trillion, mainly due to a 15.3% increase in consumer microcredits issued by pawnshops. The NPL90+ ratio reached 4.0% of the total portfolio, up from 3.9% at 1 January 2026, while the ratio in the individual portfolio was 4.9%, down from 5.0%. Liabilities declined 0.6% to KZT 2.3 trillion as credit partnerships repaid borrowed funds. Borrowings remained the main funding source at 60.8% of total liabilities, or KZT 1.4 trillion. Equity increased 0.1% to KZT 1.3 trillion, mainly on growth in additional paid-in capital.

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