Quarterly report [Sections 13 or 15(d)]

LOAN ISSUED (Tables)

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 Outstanding Due Dates Average 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 loans 354,243   July 2026 - December 2040 17.2% 287,054   KZT
Loans to SME 179,612   July 2026 - June 2033 29.4% 26,610   KZT
Car loans 162,438   July 2026 - August 2033 26.0% 159,015   KZT
Purchased retail loans 155,553   July 2026 - June 2031 22.7% —   KZT
Retail loans 118,745   July 2026 - July 2045 41.9% 6,982 
 KZT
Other 38,066   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 Outstanding Due Dates Average Interest Rate Fair Value of
Collateral		 Loan Currency
Mortgage loans $ 1,149,000  April 2026 - May 2051 12.2% $ 1,148,860  KZT/TJS
Corporate loans 351,713  April 2026 - December 2040 18.0% 239,226  KZT
Loans to SME 195,495  April 2026 - November 2032 29.7% 28,141  KZT
Purchased retail loans 182,130  April 2026 - May 2031 22.6% —  KZT
Car loans 167,805  April 2026 - March 2033 25.4% 164,930  KZT
Retail loans 100,927  April 2026 - July 2045 42.0% 5,240  KZT
Other 32,335  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
2027 2026 2025 2024 2023 Prior Revolving loans Total
Mortgage loans $ 29,805  $ 283,775  $ 295,519  $ 165,277  $ 342,085  $ 25,687  $ —  $ 1,142,148 
that are not credit impaired 29,805  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 SME 6,072  47,933  52,427  63,727  9,453  —  —  179,612 
that are not credit impaired 6,072  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 impaired 4,526  124,185  —  —  —  —  —  128,711 
with significant increase in credit risk 16  6,173  —  —  —  —  —  6,189 
that are credit impaired —  20,653  —  —  —  —  —  20,653 
Corporate loans 73,934  241,457  38,764  88  —  —  —  354,243 
that are not credit impaired 73,934  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 loans 9,556  59,951  3,824  70,114  18,993  —  —  162,438 
that are not credit impaired 9,556  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 loans 34,105  81,335  2,635  615  55  —  —  118,745 
that are not credit impaired 34,105  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 
Other 4,951  25,179  255  1,202  6,462  17  —  38,066 
that are not credit impaired 4,951  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
2026 2025 2024 2023 2022 Prior Revolving loans Total
Mortgage loans $ 291,663  $ 307,056  $ 171,398  $ 352,105  $ 26,778  $ —  $ —  $ 1,149,000 
that are not credit impaired 290,224  302,323  168,147  348,614  26,374  —  —  1,135,682 
with significant increase in credit risk 1,245  2,710  1,860  1,875  243  —  —  7,933 
that are credit impaired 194  2,023  1,391  1,616  161  —  —  5,385 
Loans to SME 52,758  59,627  72,382  10,728  —  —  —  195,495 
that are not credit impaired 49,372  53,303  60,112  8,363  —  —  —  171,150 
with significant increase in credit risk 1,392  2,258  3,192  506  —  —  —  7,348 
that are credit impaired 1,994  4,066  9,078  1,859  —  —  —  16,997 
Purchased retail loans 115,550  57,578  8,734  268  —  —  —  182,130 
that are not credit impaired 105,399  49,929  7,431  223  —  —  —  162,982 
with significant increase in credit risk 4,771  3,014  514  14  —  —  —  8,313 
that are credit impaired 5,380  4,635  789  31  —  —  —  10,835 
Car loans 64,088  4,164  78,497  21,056  —  —  —  167,805 
that are not credit impaired 63,205  4,041  71,901  13,687  —  —  —  152,834 
with significant increase in credit risk 542  27  1,080  404  —  —  —  2,053 
that are credit impaired 341  96  5,516  6,965  —  —  —  12,918 
Corporate loans 310,024  41,594  95  —  —  —  —  351,713 
that are not credit impaired 308,278  41,050  95  —  —  —  —  349,423 
with significant increase in credit risk 647  —  —  —  —  —  —  647 
that are credit impaired 1,099  544  —  —  —  —  —  1,643 
Retail loans 97,334  2,853  708  32  —  —  —  100,927 
that are not credit impaired 95,717  2,409  470  30  —  —  —  98,626 
with significant increase in credit risk 1,064  93  20  —  —  —  —  1,177 
that are credit impaired 553  351  218  2  —  —  —  1,124 
Other 24,403  258  1,214  6,437  23  —  —  32,335 
that are not credit impaired 24,403  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 accruing Current loans Total
Mortgage loans $ 6,699  $ 3,364  $ 5,537  $ 1,126,548  $ 1,142,148 
Corporate loans 532  932  2,048  350,731  354,243 
Purchased retail loans
 3,218  2,971  20,653  128,711  155,553 
Loans to SME 2,823  2,891  22,202  151,696  179,612 
Car loans 1,450  836  13,166  146,986  162,438 
Retail loans 1,275  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 accruing Current loans Total
Mortgage loans $ 5,781  $ 2,152  $ 5,385  $ 1,135,682  $ 1,149,000 
Corporate loans 468  179  1,643  349,423  351,713 
Loans to SME 3,980  3,368  16,997  171,150  195,495 
Purchased retail loans 4,348  3,965  10,835  162,982  182,130 
Car loans 1,423  630  12,918  152,834  167,805 
Retail loans 701  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 loan Loans to SME Corporate loans Retail loans Car loans
Purchased retail loans
 Other Total
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)
Reversal 1,381  2,956  1,417  737  1,286  3,408  3  11,188 
Write off —  71  1  —  6  —  —  78 
Forex 28  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 loan Loans to SME Corporate loans Retail loans Car loans Right of claim for purchased retail loans Other Total
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)
Reversal 3,571  3,186  2,013  148  1,145  6,892  —  16,955 
Write off 3  —  —  —  —  —  24  27 
Forex 296  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)