The Group recognizes customer liabilities associated with deposit funds of its brokerage and bank customers. As of March 31, 2025, and March 31, 2024, customer liabilities consisted of:


	March 31, 2025			March 31, 2024

	Amount		Interest rate	Amount		Interest rate
Interest-bearing deposits:
Term deposits	$	1,722,313	0.05% -18.3%	$	1,221,072	0.04%-17.3%
Total Interest-bearing deposits	$	1,722,313		$	1,221,072

Non-interest-bearing accounts:
Brokerage customers	$	2,167,111		$	742,902
Customer accounts	415,575			309,856
Total non-interest-bearing accounts	$	2,582,686		$	1,052,758

Total customer liabilities	$	4,304,999		$	2,273,830

In accordance with Kazakhstan law requirements, commercial banks conclude agreements with JSC Kazakhstan Deposit Insurance Fund ("KDIF"), under which banks are required to pay commissions to KDIF on a recurring basis, the amount of which depends on the term deposits and demand deposits received by banks from their customers. Under the agreement, KDIF insures the term deposits and demand deposits up to $40 for each customer. As at March 31, 2025 and March 31, 2024, respectively, the Group had total amounts in excess of insured bank time deposits of $669,753 and $600,972 for all customers.