Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING - Results by segment (Details)

v3.23.1
SEGMENT REPORTING - Results by segment (Details) - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Segment Reporting Information [Line Items]    
Fee and commission income $ 89,446 $ 78,115
Net gain/(loss) on trading securities 4,433 8,682
Net realized loss on investments available for sale (593) (31)
Interest income 48,563 22,238
Income from insurance activity 24,241 14,076
Net gain/(loss) on foreign exchange operations 4,593 1,208
Net gain on derivative 1,266 (59)
TOTAL REVENUE, NET 171,949 124,229
Fee and commission expense 23,315 21,194
Interest expense 40,071 14,246
Insurance claims incurred, net of reinsurance 16,692 11,296
Operating expense 37,999 19,421
Provision for impairment losses/(recoveries) 2,428 267
Other expense/(income), net 561 (10)
TOTAL EXPENSE 119,944 66,434
NET INCOME BEFORE INCOME TAX 52,005 57,795
Income tax expense (8,879) (5,127)
INCOME FROM CONTINUING OPERATIONS 43,126 52,668
Central Asia    
Segment Reporting Information [Line Items]    
Fee and commission income 8,250 6,159
Net gain/(loss) on trading securities 21,589 8,942
Net realized loss on investments available for sale (593) (31)
Interest income 39,852 20,926
Income from insurance activity 24,241 14,076
Net gain/(loss) on foreign exchange operations 4,267 1,470
Net gain on derivative 1,266 (59)
TOTAL REVENUE, NET 98,872 51,483
Fee and commission expense 10,714 2,532
Interest expense 31,968 12,268
Insurance claims incurred, net of reinsurance 16,692 11,296
Operating expense 20,767 11,128
Provision for impairment losses/(recoveries) 2,431 255
Other expense/(income), net 500 (49)
TOTAL EXPENSE 82,072 37,528
NET INCOME BEFORE INCOME TAX 16,800 13,955
Income tax expense (61) (114)
INCOME FROM CONTINUING OPERATIONS 16,739 13,841
Europe    
Segment Reporting Information [Line Items]    
Fee and commission income 80,062 70,987
Net gain/(loss) on trading securities (15,425) 42
Net realized loss on investments available for sale 0 0
Interest income 4,269 1,265
Income from insurance activity 0
Net gain/(loss) on foreign exchange operations 570 (226)
Net gain on derivative 0 0
TOTAL REVENUE, NET 69,476 72,068
Fee and commission expense 12,427 18,480
Interest expense 2,696 1,698
Insurance claims incurred, net of reinsurance 0 0
Operating expense 11,565 4,792
Provision for impairment losses/(recoveries) 0 12
Other expense/(income), net (2) 39
TOTAL EXPENSE 26,690 24,943
NET INCOME BEFORE INCOME TAX 42,786 47,125
Income tax expense (7,223) (5,862)
INCOME FROM CONTINUING OPERATIONS 35,563 41,263
U.S.    
Segment Reporting Information [Line Items]    
Fee and commission income 1,134 969
Net gain/(loss) on trading securities (1,731) (302)
Net realized loss on investments available for sale 0 0
Interest income 4,442 47
Income from insurance activity 0
Net gain/(loss) on foreign exchange operations (234) (36)
Net gain on derivative 0 0
TOTAL REVENUE, NET 3,611 678
Fee and commission expense 153 182
Interest expense 5,407 280
Insurance claims incurred, net of reinsurance 0 0
Operating expense 5,267 3,466
Provision for impairment losses/(recoveries) (3) 0
Other expense/(income), net 6 0
TOTAL EXPENSE 10,818 3,928
NET INCOME BEFORE INCOME TAX (7,207) (3,250)
Income tax expense (1,605) 849
INCOME FROM CONTINUING OPERATIONS (8,812) (2,401)
Middle East/Caucasus    
Segment Reporting Information [Line Items]    
Fee and commission income 0 0
Net gain/(loss) on trading securities 0 0
Net realized loss on investments available for sale 0 0
Interest income 0 0
Income from insurance activity 0 0
Net gain/(loss) on foreign exchange operations (10) 0
Net gain on derivative 0 0
TOTAL REVENUE, NET (10) 0
Fee and commission expense 21 0
Interest expense 0 0
Insurance claims incurred, net of reinsurance 0 0
Operating expense 400 35
Provision for impairment losses/(recoveries) 0 0
Other expense/(income), net 57 0
TOTAL EXPENSE 364 35
NET INCOME BEFORE INCOME TAX (374) (35)
Income tax expense 10 0
INCOME FROM CONTINUING OPERATIONS $ (364) $ (35)