v3.26.1
LOAN ISSUED (Tables)
 3 Months Ended
Jun. 30, 2026
Loans and Leases Receivable Disclosure [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
Loans issued as of June 30, 2026, consisted of the following:
Amount OutstandingDue DatesAverage Interest Rate Fair Value of
Collateral		Loan Currency
Mortgage loans$1,142,148  July 2026 - June 2051 12.1%$1,141,471  KZT/TJS
Corporate loans354,243  July 2026 - December 2040 17.2%287,054  KZT
Loans to SME179,612  July 2026 - June 2033 29.4%26,610  KZT
Car loans162,438  July 2026 - August 2033 26.0%159,015  KZT
Purchased retail loans155,553  July 2026 - June 2031 22.7%—  KZT
Retail loans118,745  July 2026 - July 2045 41.9%6,982 
 KZT
Other38,066  July 2026 - May 2033
19.4%5.0%5.2%
36 
 KZT/EUR/USD
Allowance for loans issued(114,290)
Total loans issued$2,036,515 
Loans issued as of March 31, 2026, consisted of the following:
Amount OutstandingDue DatesAverage Interest Rate Fair Value of
Collateral		Loan Currency
Mortgage loans$1,149,000 April 2026 - May 205112.2%$1,148,860 KZT/TJS
Corporate loans351,713 April 2026 - December 204018.0%239,226 KZT
Loans to SME195,495 April 2026 - November 203229.7%28,141 KZT
Purchased retail loans182,130 April 2026 - May 203122.6%— KZT
Car loans167,805 April 2026 - March 203325.4%164,930 KZT
Retail loans100,927 April 2026 - July 204542.0%5,240 KZT
Other32,335 April 2026 - May 2030
19.0%/5.20%/5.00%
26 
KZT/EUR/USD
Allowance for loans issued(101,799)
Total loans issued$2,077,606 
Schedule of Financing Receivable Credit Quality Indicators
The table below presents the Group's loan portfolio by credit quality classification and origination year as of June 30, 2026.
Term Loans by Origination Fiscal Year
20272026202520242023PriorRevolving loansTotal
Mortgage loans$29,805 $283,775 $295,519 $165,277 $342,085 $25,687 $— $1,142,148 
that are not credit impaired29,805 281,193 290,095 161,684 338,504 25,267 — 1,126,548 
with significant increase in credit risk— 2,201 3,320 2,446 1,892 204 — 10,063 
that are credit impaired— 381 2,104 1,147 1,689 216 — 5,537 
Loans to SME6,072 47,933 52,427 63,727 9,453 — — 179,612 
that are not credit impaired6,072 43,139 45,315 50,035 7,135 — — 151,696 
with significant increase in credit risk— 1,228 1,471 2,702 313 — — 5,714 
that are credit impaired— 3,566 5,641 10,990 2,005 — — 22,202 
Purchased retail loans
4,542 151,011 — — — — — 155,553 
that are not credit impaired4,526 124,185 — — — — — 128,711 
with significant increase in credit risk16 6,173 — — — — — 6,189 
that are credit impaired— 20,653 — — — — — 20,653 
Corporate loans73,934 241,457 38,764 88 — — — 354,243 
that are not credit impaired73,934 238,515 38,194 88 — — — 350,731 
with significant increase in credit risk— 1,445 19 — — — — 1,464 
that are credit impaired— 1,497 551 — — — — 2,048 
Car loans9,556 59,951 3,824 70,114 18,993 — — 162,438 
that are not credit impaired9,556 58,424 3,696 63,672 11,638 — — 146,986 
with significant increase in credit risk— 924 23 944 395 — — 2,286 
that are credit impaired— 603 105 5,498 6,960 — — 13,166 
Retail loans34,105 81,335 2,635 615 55 — — 118,745 
that are not credit impaired34,105 76,925 2,164 382 53 — — 113,629 
with significant increase in credit risk— 2,220 59 6 — — — 2,285 
that are credit impaired— 2,190 412 227 2 — — 2,831 
Other4,951 25,179 255 1,202 6,462 17 — 38,066 
that are not credit impaired4,951 25,179 255 1,195 6,462 17 — 38,059 
with significant increase in credit risk— — — — — — — — 
that are credit impaired— — — 7 — — — 7 
Total$162,965 $890,641 $393,424 $301,023 $377,048 $25,704 $— $2,150,805 
The table below presents the Group's loan portfolio by credit quality classification as of March 31, 2026.
Term Loans by Origination Fiscal Year
20262025202420232022PriorRevolving loansTotal
Mortgage loans$291,663 $307,056 $171,398 $352,105 $26,778 $— $— $1,149,000 
that are not credit impaired290,224 302,323 168,147 348,614 26,374 — — 1,135,682 
with significant increase in credit risk1,245 2,710 1,860 1,875 243 — — 7,933 
that are credit impaired194 2,023 1,391 1,616 161 — — 5,385 
Loans to SME52,758 59,627 72,382 10,728 — — — 195,495 
that are not credit impaired49,372 53,303 60,112 8,363 — — — 171,150 
with significant increase in credit risk1,392 2,258 3,192 506 — — — 7,348 
that are credit impaired1,994 4,066 9,078 1,859 — — — 16,997 
Purchased retail loans115,550 57,578 8,734 268 — — — 182,130 
that are not credit impaired105,399 49,929 7,431 223 — — — 162,982 
with significant increase in credit risk4,771 3,014 514 14 — — — 8,313 
that are credit impaired5,380 4,635 789 31 — — — 10,835 
Car loans64,088 4,164 78,497 21,056 — — — 167,805 
that are not credit impaired63,205 4,041 71,901 13,687 — — — 152,834 
with significant increase in credit risk542 27 1,080 404 — — — 2,053 
that are credit impaired341 96 5,516 6,965 — — — 12,918 
Corporate loans310,024 41,594 95 — — — — 351,713 
that are not credit impaired308,278 41,050 95 — — — — 349,423 
with significant increase in credit risk647 — — — — — — 647 
that are credit impaired1,099 544 — — — — — 1,643 
Retail loans97,334 2,853 708 32 — — — 100,927 
that are not credit impaired95,717 2,409 470 30 — — — 98,626 
with significant increase in credit risk1,064 93 20 — — — — 1,177 
that are credit impaired553 351 218 2 — — — 1,124 
Other24,403 258 1,214 6,437 23 — — 32,335 
that are not credit impaired24,403 258 1,207 6,437 23 — — 32,328 
with significant increase in credit risk— — — — — — — — 
that are credit impaired— — 7 — — — — 7 
Total$955,820 $473,130 $333,028 $390,626 $26,801 $— $— $2,179,405 
Schedule of Financing Receivable, Past Due
Aging analysis of past due loans as of June 30, 2026 and March 31, 2026, is as follows:
June 30, 2026
Loans 30-59 Days past due Loans 60-89 days past due Loans 90 days or more past due and still accruingCurrent loansTotal
Mortgage loans$6,699 $3,364 $5,537 $1,126,548 $1,142,148 
Corporate loans532 932 2,048 350,731 354,243 
Purchased retail loans
3,218 2,971 20,653 128,711 155,553 
Loans to SME2,823 2,891 22,202 151,696 179,612 
Car loans1,450 836 13,166 146,986 162,438 
Retail loans1,275 1,010 2,831 113,629 118,745 
Other— — 7 38,059 38,066 
Total$15,997 $12,004 $66,444 $2,056,360 $2,150,805 
March 31, 2026
Loans 30-59 Days past due Loans 60-89 days past due Loans 90 days or more past due and still accruingCurrent loansTotal
Mortgage loans$5,781 $2,152 $5,385 $1,135,682 $1,149,000 
Corporate loans468 179 1,643 349,423 351,713 
Loans to SME3,980 3,368 16,997 171,150 195,495 
Purchased retail loans4,348 3,965 10,835 162,982 182,130 
Car loans1,423 630 12,918 152,834 167,805 
Retail loans701 476 1,124 98,626 100,927 
Other— — 7 32,328 32,335 
Total$16,701 $10,770 $48,909 $2,103,025 $2,179,405 
Schedule of Financing Receivable, Allowance for Credit Loss
The activity in the allowance for credit losses for the three months ended June 30, 2026 and 2025 is summarized in the following tables.
Allowance for credit losses
Mortgage loanLoans to SMECorporate loansRetail loansCar loans
Purchased retail loans
OtherTotal
March 31, 2026
(7,388)(38,752)(5,547)(6,573)(13,836)(29,628)(75)$(101,799)
Charges(1,233)(7,440)(1,569)(4,442)(1,504)(8,127)— (24,315)
Reversal1,381 2,956 1,417 737 1,286 3,408 3 11,188 
Write off— 71 1 — 6 — — 78 
Forex28 206 24 69 58 173 — 558 
June 30, 2026
$(7,212)$(42,959)$(5,674)$(10,209)$(13,990)$(34,174)$(72)$(114,290)
Allowance for credit losses
Mortgage loanLoans to SMECorporate loansRetail loansCar loansRight of claim for purchased retail loansOtherTotal
March 31, 2025(10,699)(35,192)(2,640)(761)(8,465)(17,333)(25)$(75,115)
Charges(2,027)(9,498)(1,122)(430)(1,055)(8,239)(2,925)(25,296)
Reversal3,571 3,186 2,013 148 1,145 6,892 — 16,955 
Write off3 — — — — — 24 27 
Forex296 1,093 68 27 247 525 — 2,256 
June 30, 2025$(8,856)$(40,411)$(1,681)$(1,016)$(8,128)$(18,155)$(2,926)$(81,173)