Quarterly report pursuant to Section 13 or 15(d)

LOAN ISSUED (Tables)

v3.23.3
LOAN ISSUED (Tables)
 3 Months Ended
Jun. 30, 2023
Loans and Leases Receivable Disclosure [Abstract]  
Schedule of loans issued
Loans issued as of June 30, 2023, consisted of the following:
Amount Outstanding Due Dates Average Interest Rate Fair Value of Collateral Loan Currency
Mortgage loans
 583,066  July, 2023 - June, 2048 9.00% 577,196  KZT
Car loans 171,772  August, 2023 - June, 2030 25.00% 171,732  KZT
Uncollateralized bank customer loans
 149,800  July, 2023 - June 2043 24.00% —  KZT
Right of claim for purchased retail loans 142,336  July, 2023 - June 2027 19.00% 142,336  KZT
Collateralized bank customer loans
 31,114  July, 2023 - June 2028 14.00% 29,039  KZT/RUB
Convertible loan
 10,550  October, 2023 —% 10,550  USD
Subordinated loan 5,075  December, 2025 3.00% —  USD
Loans issued to policyholders 1,445  November, 2023 - June, 2024 15.00% 1,562  KZT
Other 4,694 
July, 2023 - March, 2048/December, 2023
2.00%/16.00%
 — 
EUR/KZT
Allowance for loans issued (41,704)
Total loans issued $ 1,058,148 
Loans issued as of March 31, 2023, consisted of the following:
Amount Outstanding Due Dates
Average Interest Rate
Fair Value of Collateral Loan Currency
Mortgage loans
 534,154  April, 2023 - March, 2048 9.00  % 534,154  KZT
Right of claims for purchased retail loans 121,177  January, 2023 - March, 2027 15.00  % 121,177  KZT
Car loans 102,269  April, 2023- April, 2030 25.00  % 102,247  KZT
Uncollateralized bank customer loans 46,970  January, 2023 - March, 2043 25.00  % —  KZT
Collateralized bank customer loans 17,653  May, 2023 - March, 2028 2.00  % 17,636  KZT/RUB
Subordinated loan 5,039  December, 2025 3.00  % —  USD
Loans to policyholders 1,488  June, 2023 - February, 2024 15.00  % 1,752  KZT
Other 300  March, 2024-September, 2029 2.00  % — EUR
Allowance for loans issued (2,792)
Total loans issued $ 826,258 
The table below presents the Group's loan portfolio by credit quality classification and origination year as of June 30, 2023. Current vintage disclosure is the requirement due to first adoption of ASC 326.
Term Loans by Origination Year
2023 2022 2021 2020 2019 Prior Revolving loans Total
Mortgage loans 92,435  476,173  14,458  —  —  —  —  583,066 
that are not credit impaired 92,400  474,129  14,236  —  —  —  —  580,765 
with significant increase in credit risk —  1,888  193  —  —  —  —  2,081 
that are credit impaired 35  156  29  —  —  —  —  220 
Car loans 142,602  29,170  —  —  —  —  —  171,772 
that are not credit impaired 139,182  27,851  —  —  —  —  —  167,033 
with significant increase in credit risk 2,555  595  —  —  —  —  —  3,150 
that are credit impaired 865  724  —  —  —  —  —  1,589 
Uncollateralized bank customer loans
 149,518  251  29  1  —  1  —  149,800 
that are not credit impaired 149,018  144  29  1  —  1  —  149,193 
with significant increase in credit risk 406  26  —  —  —  —  —  432 
that are credit impaired 94  81  —  —  —  —  —  175 
Right of claim for purchased retail loans 103,768  36,339  2,229  —  —  —  —  142,336 
that are not credit impaired 103,768  36,339  2,229  —  —  —  —  142,336 
with significant increase in credit risk —  —  —  —  —  —  —  — 
that are credit impaired —  —  —  —  —  —  —  — 
Collateralized bank customer loans
 21,391  9,723  —  —  —  —  —  31,114 
that are not credit impaired 21,391  9,723  —  —  —  —  —  31,114 
with significant increase in credit risk —  —  —  —  —  —  —  — 
that are credit impaired —  —  —  —  —  —  —  — 
Convertible loan 10,550  —  —  —  —  —  —  10,550 
that are not credit impaired 10,550  —  —  —  —  —  —  10,550 
with significant increase in credit risk —  —  —  —  —  —  —  — 
that are credit impaired —  —  —  —  —  —  —  — 
Subordinated loan —  5,075  —  —  —  —  —  5,075 
that are not credit impaired —  5,075  —  —  —  —  —  5,075 
with significant increase in credit risk —  —  —  —  —  —  —  — 
that are credit impaired —  —  —  —  —  —  —  — 
Loans issued to policyholders 1,445  —  —  —  —  —  —  1,445 
that are not credit impaired 1,445  —  —  —  —  —  —  1,445 
with significant increase in credit risk —  —  —  —  —  —  —  — 
that are credit impaired —  —  —  —  —  —  —  — 
Other 1,551  128  —  —  3,015  —  —  4,694 
that are not credit impaired 1,551  128  —  —  —  —  —  1,679 
with significant increase in credit risk —  —  —  —  —  —  —  — 
that are credit impaired —  —  —  —  3,015  —  —  3,015 
Total 523,260  556,859  16,716  1  3,015  1  —  1,099,852 
The table below presents the Group's loan portfolio by credit quality classification as of March 31, 2023.
March 31, 2023
That are not credit impaired
With significant increase in credit risk
That are credit impaired
 Total
Mortgage loans 532,621  1,505  28  534,154 
Collateralized bank customer loans
 121,055  122  —  121,177 
Right of claim for purchased retail loans 101,244  993  32  102,269 
Uncollateralized bank customer loans
 46,882  81  7  46,970 
Car loans 17,653  —  —  17,653 
Subordinated loan 5,039  —  —  5,039 
Loans issued to policyholders 1,488  —  —  1,488 
Other 300  —  —  300 
Total loans 826,282  2,701  67  829,050 

Aging analysis of past due loans as of June 30, 2023 and March 31, 2023, is as follows:
June 30, 2023
Loans 30-59 Days past due Loans 60-89 days past due Loans 90 days or more past due and still accruing Current loans Total
Mortgage loans
 1,579  502  220  580,765  583,066 
Car loans 1,867  1,283  1,589  167,033  171,772 
Uncollateralized bank customer loans
 321  111  175  149,193  149,800 
Right of claim for purchased retail loans 57  —  2  142,277  142,336 
Collateralized bank customer loans
 —  —  —  31,114  31,114 
Convertible loan —  —  —  10,550  10,550 
Subordinated loan —  —  —  5,075  5,075 
Loans issued to policyholders —  —  —  1,445  1,445 
Other —  —  3,015  1,679  4,694 
Total 3,824  1,896  5,001  1,089,131  1,099,852 
March 31, 2023
Loans 30-59 days past due Loans 60-89 days past due Loans 90 days or more past due and still accruing Current loans Total
Mortgage loans 1,265  240  28  532,621  534,154 
Collateralized bank customer loans
 123  —  —  121,054  121,177 
Right of claim for purchased retail loans 754  239  32  101,244  102,269 
Uncollateralized bank customer loans
 73  8  7  46,882  46,970 
Car loans —  —  —  17,653  17,653 
Subordinated loan —  —  —  5,039  5,039 
Loans issued to policyholders —  —  —  1,488  1,488 
Other —  —  —  300  300 
Total 2,215  487  67  826,281  829,050 
The activity in the allowance for credit losses as of June 30, 2023 and June 30, 2022 is summarized in the following tables.
Allowance for credit losses
Mortgage loan
Uncollateralized bank customer loans
Collateralized bank customer loans
 Car loans Right of claim for purchased retail loans Other Total
March 31, 2023 (554) (233) —  (758) (1,247) —  (2,792)
Adjustment to allowance for adoption of ASU 2016-13 (2,216) (7,436) (35) (6,462) (9,046) —  (25,195)
Charges —  (7,755) (55) (2,948) (5,346) (3,261) (19,365)
Recoveries 284  1,602  8  272  3,345  —  5,511 
Forex 3  64  2  34  34  —  137 
June 30, 2023 (2,483) (13,758) (80) (9,862) (12,260) (3,261) (41,704)
Allowance for credit losses
Mortgage loan
Uncollateralized bank customer loans
Collateralized bank customer loans
 Car loans Right of claim for purchased retail loans Other Total
April 1, 2022 —  —  —  —  —  —  — 
Charges (570) (22) (9) (24) (3,712) —  (4,337)
Recoveries 568  22  9  25  3,798  —  4,422 
Forex 2  —  —  (1) (86) —  (85)
June 30, 2022 —  —  —  —  —  —  —