Corporate deposits in Kazakh banks drop 3.9%
Corporate deposits in Kazakh banks fell 3.9% in August to **21.6 trillion tenge**, according to the Agency for Regulation and Development of the Financial Market.
Source: kapital.kzMarket feed
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Every event in Central Asia's fintech market — briefly, with a link to the source. Analysis and explainers are in our news.
October 6
Consumer protection agency reviews 14.7k complaints over nine months
Kazakhstan's financial consumer protection agency reviewed **14.7 thousand complaints** between the start of the year and September 1, 2026.
Source: t.me/finregkzOctober 5
Ipoteka bank OTP Group launches digital office for business on U-BSS platform
Ipoteka bank OTP Group, one of Uzbekistan's largest banks, has launched a new corporate online banking system for legal entities and sole proprietors on the U-BSS platform.
Source: spot.uzOctober 4
Kaspi.kz sets 0.95% fee on transfers to other banks
Kaspi.kz charges a fee of **0.95%** on transfers from Kaspi Gold cards to accounts at other Kazakh banks, with a 200 tenge minimum.
Source: digitalbusiness.kzOctober 3
Kaspi.kz cuts Savings Deposit rate from 19% to 18% APR
Starting October 2, 2026, Kazakhstan's Kaspi.kz changed the terms for its tenge Kaspi Savings Deposit, cutting the annual effective rate from 19% to **18% per year**, while the nominal rate fell from 17.52% to 16.67%.
Source: digitalbusiness.kzOctober 2
JSC Commercial Bank BNK Obtains Universal Banking License
The Agency has granted JSC Commercial Bank BNK a universal banking license authorizing interbank lending, guarantees, and sureties.
Source: gov.kzUzbekistan to allow pension payouts to digital wallets starting April 2027
Starting April 2027, pension payments in Uzbekistan can be credited to an e-wallet in a bank's mobile app rather than just to a bank card, according to a presidential decree dated September 28.
Source: gazeta.uzOctober 1
Agency to introduce questionnaires for online loans from October 1
Starting October 1, 2026, Kazakhstan's financial regulator has mandated banks and microfinance organizations to survey borrowers when issuing unsecured online consumer loans.
Source: t.me/finregkzAgency reminds borrowers that loan obligations remain even if MFO shuts down
Kazakhstan's financial regulator clarified that the closure of a microfinance organization does not release borrowers from their microloan obligations.
Source: t.me/finregkzSeptember 30
Ipoteka bank rolls out fee-free microloan transfers in new app
Uzbekistan's Ipoteka bank has launched an updated Ipoteka Mobile app, allowing clients to apply for microloans of up to 100 million soums online and transfer the funds to cards with no commission.
Source: spot.uzUzbek businesses propose cutting cash deposit fees at ATMs
According to spot.uz, businesses at a meeting with exporters on September 29 proposed reducing the fee for cash deposits via online ATMs, which currently stands at 1% of the amount.
Source: spot.uzDeposit Insurance Fund Releases Retail Deposit Rate Review
The Kazakhstan Deposit Insurance Fund has published a review of retail deposit rates as of September 30, 2026.
Source: t.me/kdif_askKazakhstani Banks Cut Maximum Deposit Rates Below 20%
According to kapital.kz, Kazakhstani banks cut retail deposit interest rates in September following the National Bank's policy rate reduction to 16.25%, leaving no offers above 20% per annum on the market.
Source: kapital.kzAssets of Kazakh banks reach 75.6 trillion tenge
According to ranking.kz, total assets in Kazakhstan's banking sector reached **75.6 trillion tenge** by August 1, 2026, up 6.9% since the beginning of the year.
Source: ranking.kzSeptember 29
Humo Bank ceases card services for Russian clients
Tajikistan's Humo Bank has notified Russian clients that it will stop servicing their cards on October 1 unless they undergo biometric identification at a bank branch by September 30.
Source: 24.kgTerm deposits in Kazakhstani banks grew 20% in a year
As of August 1, 2026, retail term deposits in Kazakhstan's banks increased by **20% year-on-year**, reaching 26.8 trillion tenge, up 4.5 trillion tenge from a year earlier.
Source: ranking.kzSeptember 28
Kazakhstan to raise foreign currency deposit rate cap to 2.5%
Starting October 1, 2026, Kazakhstan will increase the maximum rate on foreign currency savings deposits with terms over 12 months from 1% to 2.5% per annum.
Source: nationalbank.kzSeptember 26
InfinBANK and NRG-BI launch Fayzli Ipoteka mortgage product
Uzbekistan's InfinBANK has partnered with developer NRG-BI to launch the Fayzli Ipoteka mortgage product for home buyers across the company's residential projects.
Source: gazeta.uzSeptember 25
Average som lending rate rose to 20.1% in August
The Central Bank of Uzbekistan reported that the average nominal rate on loans in the national currency increased from 19.9% in July to 20.1% in August.
Source: spot.uzIpak Yuli Bank launches dedicated tariff for IT Park residents
Uzbekistan's Ipak Yuli Bank has introduced a dedicated cash settlement tariff for IT Park resident companies working with foreign clients and services.
Source: t.me/ipakyulibankuzSeptember 24
Average interest rate on Uzbek sum deposits drops to 17.2% per annum
According to spot.uz, banks have cut interest rates on national currency deposits: after a June peak of 17.6%, the average yield dropped by 0.1 percentage points in July and 0.3 percentage points in August, reaching 17.2%.
Source: spot.uzTBC Bank and UZCARD launch TBC Salom UZCARD card
TBC Bank and the UZCARD payment system have launched a joint debit card, TBC Salom UZCARD, with an integrated ATTO fare plan for public transport in Uzbekistan.
Source: t.me/uzcardSeptember 22
Industrial and Commercial Bank of China in Almaty Secures Universal Banking License
The Agency for Regulation and Development of the Financial Market of Kazakhstan has issued universal banking license No. 1.1.930.149 to Industrial and Commercial Bank of China in Almaty JSC.
Source: gov.kzKapitalbank opens correspondent account with BNY
Uzbekistan's Kapitalbank has opened a US dollar correspondent account with The Bank of New York Mellon (BNY), one of the world's largest financial institutions.
Source: t.me/kapital24Loans to Small and Medium-Sized Businesses Up 12% Since Start of Year
As of August 1, 2026, the volume of loans issued by Kazakhstani banks to small and medium-sized businesses reached **12.4 trillion tenge**, rising by 12% since the start of the year.
Source: ranking.kzUzbekistan mortgage lending rises by 4.9 trillion UZS in eight months
Banks in Uzbekistan issued 18.3 trillion UZS in mortgage loans in January–August 2026, up 4.9 trillion UZS from the same period in 2025.
Source: podrobno.uzIpak Yuli Bank launches Visa Kids card for children aged 7 to 16
Uzbekistan's Ipak Yuli Bank has begun issuing the Visa Kids card, which can be linked to a parent's UZS-denominated Visa card to track spending via the bank's app.
Source: spot.uzSeptember 21
Kyrgyzstan's MBank offers MRassrochka installment plans up to 24 months for purchases up to 200,000 soms
Kyrgyz digital bank MBank is offering the MRassrochka installment plan: customers can spread payments for purchases worth up to **200,000 soms** over up to 24 months with an extra fee.
Source: mbank.kgKazakhstan banks' profit drops by 254 billion tenge in eight months
According to kz.kursiv.media, net profit of Kazakhstan's second-tier banks reached **1.61 trillion tenge** in January–August 2026, down 13.6% compared to the same period in 2025.
Source: kz.kursiv.mediaSeptember 19
Karakalpakstan Businesses to Secure 300 Billion UZS in Loans at 12%
Trusted clients of the bank assigned to the region will have access to a **300 billion UZS** credit line at a nominal 16% annual rate, with interest subsidies reducing the effective rate to 12%.
Source: spot.uzSeptember 18
Uzbek banks issue 18.3 trillion UZS in mortgages over eight months
In January–August 2026, Uzbekistan's commercial banks issued mortgage loans worth 18.3 trillion UZS to 59.2 thousand citizens for home purchases — up 4.9 trillion UZS compared to the same period last year.
Source: t.me/centralbankuzbekistanMost National Fund for Children payouts directed to housing savings
According to kapital.kz, citing the Unified Cumulative Pension Fund, 117,712 Kazakhstanis received $30.51 million from the National Fund for Children program to top up housing savings deposits.
Source: kapital.kzKazakhstan's retail microloan portfolio shrinks for first time this year
The retail microloan portfolio held by Kazakh MFIs shrank by 9.81 billion tenge to 1.323 trillion tenge in July 2026, marking its first drop since the start of the year.
Source: kz.kursiv.mediaSeptember 17
Kazakhstan Life Insurers' Profit Drops 15% in First Half of 2026
According to ranking.kz, the net profit of Kazakhstan's life insurance companies fell 15.3% in the first half of 2026 to 74.5 billion KZT compared to 88 billion KZT a year earlier, while regulatory profit tumbled 4.2 times to 10.7 billion KZT.
Source: ranking.kzSeptember 16
Kazakhstanis face return of pension savings withdrawn from UAPF in 2021
According to kz.kursiv.media, the six-year deadline to use pension savings transferred by Kazakhstanis from the UAPF to Otbasy Bank deposits in 2021 expires in 2027, with unused funds set to return to pension accounts if not allocated to a mortgage, home loan refinancing, or house construction.
Source: kz.kursiv.mediaKapitalbank rolls out on-site current account opening in Uzbekistan
Uzbek lender Kapitalbank has started offering on-site service to open current accounts for sole proprietors and legal entities across Tashkent, the Tashkent region, and Samarkand.
Source: kapitalbank.uzKapitalbank Moves Digital Branch Client Accounts to Unified Branch
Kapitalbank is completing the centralization of corporate accounts from its Digital branch (MFO 01184) into the bank's unified branch (MFO 01158) from September 19 to 20, 2026.
Source: kapitalbank.uzSeptember 15
Loans to Kazakhstan's Medium-Sized Businesses Surged 56% to 1.9 Trillion Tenge
In the first half of 2026, the volume of new loans issued to medium-sized businesses in Kazakhstan rose by 56.2% year-on-year to 1.9 trillion tenge, according to the analytical center of the Association of Financiers of Kazakhstan.
Source: kapital.kzSeptember 14
Tenge Bank rolls out online loans for sole proprietors via Tenge Business app
Uzbekistan's Tenge Bank has begun issuing loans to sole proprietors through its mobile app with no branch visits or paper document submissions required.
Source: t.me/TengebankuzSeptember 13
Uzbekistan's Kapitalbank moves corporate customer accounts to single platform
JSCB Kapitalbank will transfer corporate customer accounts from its Digital Branch (MFO 01184) to a single branch (MFO 01158) from September 19 to 20 as part of banking process centralization.
Source: kapitalbank.uz