Tokayev receives financial regulator report as bank assets reach 75.6 trillion tenge

September 9, 2026 at 03:02 PM2 min

This digest was compiled by AI from multiple sources — links to the originals are below.

Kazakh President Kassym-Jomart Tokayev met with financial regulator head Madina Abylkasymova on September 9 to review eight-month financial market results. Bank assets rose 6.9% to 75.6 trillion tenge, while the regulator imposed 465 million tenge in fines across 279 inspections. Consumer lending growth slowed to 4.6% over seven months.

Key Facts

Bank assets in Kazakhstan rose 6.9% to 75.6 trillion tenge, with capital adequacy at 20.7%.
The regulator conducted 279 inspections, applied 190 supervisory measures, and imposed fines totaling 465 million tenge.
Business lending grew 3.5% to 16 trillion tenge, while new business loans issued since the start of the year rose 19.1% to 12.5 trillion tenge.
Consumer lending growth slowed to 4.6% over seven months of 2026.
Thirteen market participants lost licenses, six had licenses suspended, and four collection agencies were removed from the register.

Banking Sector Growth

Bank assets in Kazakhstan increased by 6.9% to 75.6 trillion tenge, according to the Agency for Regulation and Development of the Financial Market. Capital adequacy stood at 20.7%. Business lending rose 3.5% to 16 trillion tenge, while new business loans issued since the start of the year grew 19.1% to 12.5 trillion tenge. The regulator fully revised the subordinate legal framework and adopted 80 normative legal acts under the new banking law.

Regulatory Enforcement

The Agency conducted 279 inspections of financial market participants over eight months of 2026. It applied 190 supervisory measures and imposed fines totaling 465 million tenge. Thirteen entities lost licenses, six had licenses suspended, and four collection agencies were excluded from the register. Special attention was paid to the microfinance market and collection agencies.

Consumer Lending and Debt Relief

Consumer lending growth slowed to 4.6% over seven months of 2026 as a result of regulatory measures. The digital platform Finkelisim.kz launched in July for collective settlement of problem loans. The mechanism allows borrowers with debts to multiple creditors to undergo settlement through a single system. Authorities plan to launch the office of the Unified Financial Ombudsman by the end of 2026 to handle citizen appeals.