Quarterly report pursuant to Section 13 or 15(d)

LOAN ISSUED (Tables)

v3.23.3
LOAN ISSUED (Tables)
 6 Months Ended
Sep. 30, 2023
Loans and Leases Receivable Disclosure [Abstract]  
Schedule of loans issued
Loans issued as of September 30, 2023, consisted of the following:
Amount Outstanding Due Dates Average Interest Rate Fair Value of Collateral Loan Currency
Mortgage loans
 621,096  January, 2024 - September, 2048 10.00% 613,460  KZT
Car loans 245,662  October, 2023 - September, 2030 24.00% 239,170  KZT
Uncollateralized bank customer loans
 191,953  October, 2023 - September 2043 26.00% —  KZT
Right of claim for purchased retail loans 135,132  October, 2023 - September 2028 15.00% 135,132  KZT
Collateralized bank customer loans
 16,474  January, 2024 - July 2043 24.00% 15,345  KZT
Subordinated loan 5,113  December, 2025 3.00% —  USD
Loans to policyholders
 1,428  November, 2023 - September, 2024 15.00% 1,494  KZT
Other 4,835  October, 2023 - March, 2048/December, 2023
2.00%/14.00%
 — 
EUR/KZT
Allowance for loans issued (44,961)
Total loans issued $ 1,176,732 
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 September 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 131,220  448,018  41,858  —  —  —  —  621,096 
that are not credit impaired 131,045  445,485  41,339  —  —  —  —  617,869 
with significant increase in credit risk 175  1,999  442  —  —  —  —  2,616 
that are credit impaired —  534  77  —  —  —  —  611 
Car loans 167,683  77,979  —  —  —  —  —  245,662 
that are not credit impaired 166,768  70,771  —  —  —  —  —  237,539 
with significant increase in credit risk 810  2,488  —  —  —  —  —  3,298 
that are credit impaired 105  4,720  —  —  —  —  —  4,825 
Uncollateralized bank customer loans
 153,924  38,020  8  1  —  —  —  191,953 
that are not credit impaired 152,747  36,425  —  1  —  —  —  189,173 
with significant increase in credit risk 963  904  —  —  —  —  —  1,867 
that are credit impaired 214  691  8  —  —  —  —  913 
Right of claim for purchased retail loans 92,053  41,349  1,730  —  —  —  —  135,132 
that are not credit impaired 92,053  41,349  1,730  —  —  —  —  135,132 
with significant increase in credit risk —  —  —  —  —  —  —  — 
that are credit impaired —  —  —  —  —  —  —  — 
Collateralized bank customer loans
 16,066  408  —  —  —  —  —  16,474 
that are not credit impaired 16,066  408  —  —  —  —  —  16,474 
with significant increase in credit risk —  —  —  —  —  —  —  — 
that are credit impaired —  —  —  —  —  —  —  — 
Subordinated loan —  5,113  —  —  —  —  —  5,113 
that are not credit impaired —  5,113  —  —  —  —  —  5,113 
with significant increase in credit risk —  —  —  —  —  —  —  — 
that are credit impaired —  —  —  —  —  —  —  — 
Loans issued to policyholders 1,428  —  —  —  —  —  —  1,428 
that are not credit impaired 1,428  —  —  —  —  —  —  1,428 
with significant increase in credit risk —  —  —  —  —  —  —  — 
that are credit impaired —  —  —  —  —  —  —  — 
Other 1,704  116  —  —  3,015  —  —  4,835 
that are not credit impaired 1,704  116  —  —  —  —  —  1,820 
with significant increase in credit risk —  —  —  —  —  —  —  — 
that are credit impaired —  —  —  —  3,015  —  —  3,015 
Total 564,078  611,003  43,596  1  3,015  —  —  1,221,693 
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 102,269  —  —  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 827,307  1,708  35  829,050 

Aging analysis of past due loans as of September 30, 2023 and March 31, 2023, is as follows:
September 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
 1,961  656  611  617,868  621,096 
Car loans 1,849  1,449  4,825  237,539  245,662 
Uncollateralized bank customer loans
 1,177  719  913  189,144  191,953 
Right of claim for purchased retail loans —  —  —  135,132  135,132 
Collateralized bank customer loans
 —  —  —  16,474  16,474 
Subordinated loan —  —  —  5,113  5,113 
Loans issued to policyholders —  —  —  1,428  1,428 
Other —  —  3,015  1,820  4,835 
Total 4,987  2,824  9,364  1,204,518  1,221,693 
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 —  —  —  102,269  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 1,461  248  35  827,306  829,050 
The activity in the allowance for credit losses as of September 30, 2023 and September 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 (665) (13,482) (71) (8,851) (11,073) (3,283) (37,425)
Recoveries 1,599  6,384  36  2,558  7,746  —  18,323 
Forex 91  739  4  637  657  —  2,128 
September 30, 2023
 (1,745) (14,028) (66) (12,876) (12,963) (3,283) (44,961)
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 (305) (16) —  —  (1,308) —  (1,629)
Charges (1,186) (16) (9) (288) (4,869) —  (6,368)
Recoveries 224  16  8  4  1,888  —  2,140 
Forex 22  —  1  3  152  —  178 
September 30, 2022
 (1,245) (16) —  (281) (4,137) —  —