Annual report [Section 13 and 15(d), not S-K Item 405]

STATUTORY CAPITAL REQUIREMENTS (Tables)

v3.25.1
STATUTORY CAPITAL REQUIREMENTS (Tables)
 12 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations
The table below presents net capital/eligible equity, required minimum capital, excess regulatory capital and retained earnings as of March 31, 2025 for the Company and each of subsidiaries that are regulated entities that is material for our consolidated financial statements.
Regulated activities Net Capital/Eligible Equity Required Minimum capital/solvency Excess regulatory capital Retained earnings
(amounts in thousands)
Freedom Holding Corp.
Non-regulated holding company
 $ 526,906  $ 200,000  $ 326,906  $ (256,096)
Freedom EU
Brokerage
 450,903  19,320  431,584  607,659 
Freedom Bank KZ
Bank
 382,259  175,396  206,862  159,119 
Freedom KZ
Brokerage
 43,568  390  43,178  100,440 
Freedom Global
Brokerage
 66,217  21,564  44,653  56,941 
Freedom Life
Life Insurance
 58,246  11,692  46,554  70,574 
Freedom Armenia ("Freedom AR")
Brokerage
 47,994  773  47,221  48,067 
Freedom Insurance
Property and Casual Insurance
 33,646  11,692  21,954  29,150 
Other regulated operating subsidiaries
Other
 14,130  267 13,863  (28,622)
$ 1,623,869  $ 441,094  $ 1,182,775  $ 787,232 
The table below presents net capital/eligible equity, required minimum capital, excess regulatory capital and retained earnings as of March 31, 2024 for each of our subsidiaries that are regulated entities that is material for our consolidated financial statements.
Regulated activities Net Capital/Eligible Equity Required Minimum capital/solvency Excess regulatory capital Retained earnings
(amounts in thousands)
Freedom Bank KZ Banking $ 329,738  $ 196,594  $ 133,144  $ 193,376 
Freedom EU Brokerage 269,424  10,868  258,556  319,484 
Freedom KZ Brokerage 107,064  413  106,651  122,416 
Freedom Life Life Insurance 50,757  12,395  38,362  57,085 
Freedom Insurance Property and Casual Insurance 30,011  12,395  17,616  19,773 
Freedom Global Brokerage 16,428  12,352  4,076  117,468 
Freedom Armenia ("Freedom AR") Brokerage 7,317  763  6,554  6,447 
Other regulated operating subsidiaries Other 8,533  155 8,378  (11,665)
$ 819,272  $ 245,935  $ 573,337  $ 824,384