Every event in Central Asia's fintech market — briefly, with a link to the source. Analysis and explainers are in our news.
In July 2026, Kazakhstanis sent 56.4 billion tenge abroad via international money transfer systems, down 20% from July 2025, when 70.4 billion tenge was transferred.
Source: kz.kursiv.mediaAnalysts at the Association of Financiers of Kazakhstan expect annual inflation in August to reach 9.8–9.9%, falling below 10% for the first time due to seasonal food price drops, tight monetary conditions, and a stronger tenge.
Source: kapital.kzIn June, S&P Global Ratings upgraded the long-term credit rating of Kazakhstan's Freedom Bank to BB- with a stable outlook, while Moody's Ratings assigned the bank a first-time Ba3 rating in March.
Source: kapital.kzPresident Kassym-Jomart Tokayev officially endorsed China's initiative to establish a Shanghai Cooperation Organisation Development Bank during a meeting of the SCO Council of Heads of State in Bishkek.
Source: kz.kursiv.mediaKazakh citizens aged 17 and older can now obtain a certificate verifying their military service status in the Kaspi.kz mobile app, a document required for university admission, employment, and pension processing.
Source: t.me/kaspikzOn August 31, applications opened in Kazakhstan for the Umay women's mortgage program, but the system ran into technical issues due to a high volume of borrowers.
Source: tengrinews.kzIn July, ForteBank increased corporate deposits by 157.8 billion tenge to 2.36 trillion tenge, ranking first among Kazakhstani banks in corporate deposit growth.
Source: t.me/bull_bellKazakhstan's second-tier banks posted a net profit of 1.396 trillion tenge for the first seven months of 2026, down 14.9% from the same period in 2025.
Source: t.me/finmentorkzIn July, Kazakhstan's Bereke Bank lost 15.9 billion tenge in retail deposits, reducing their total volume to 862.8 billion tenge, marking the largest outflow among Kazakh banks that month.
Source: t.me/bull_bellKazakhstan's Otbasy Bank announced the launch of solvency verification for borrowers under its housing improvement program in Aktobe from August 31 to September 4, 2026.
Source: hcsbk.kzThe Kazakhstan Stock Exchange (KASE) met with representatives of Ant Digital Technologies to discuss cooperation in digital finance and fintech.
Source: t.me/KASEofficialSince the beginning of 2026, Kazakhstan's State Social Insurance Fund has disbursed 464.7 billion tenge in social benefits to over one million people, with the fund's assets reaching 1.47 billion tenge by August 1.
Source: kz.kursiv.mediaThe Kazakh currency weakened by 1.07% against the US dollar to close trading on August 27 at 464.90 tenge per dollar, with trading volume reaching $576 million.
Source: t.me/tengenomikaKazakh fintech platform Solva has raised $2.5m in additional capital.
Source: t.me/bull_bellRespondents in the National Bank of Kazakhstan's macroeconomic survey expect the base rate to remain in double digits at least until 2028, with a median forecast of 16% for 2026.
Source: t.me/bull_bellA Pavlodar court has sentenced the organizers of the Khas financial pyramid, which defrauded 515 Kazakhstanis of 3 billion tenge by promising annual returns of 70%.
Source: kapital.kzIn July, the aggregate net profit of Kazakh banks reached 200.9 billion tenge, up 26% from June.
Source: kz.kursiv.mediaThe Halyk Business Index, compiled by Halyk Bank of Kazakhstan and Halyk Finance, increased by 0.6 points to 103.4 in July.
Source: t.me/nb_kzIn January–June 2026, Kazakhstan's National Fund received 1.8 trillion tenge in taxes and payments from the oil sector, virtually flat compared to the same period in 2025.
Source: inbusiness.kzIn July, Kazakhstan's exchange offices sold 126.5 million tenge more in rubles than they bought, reversing the currency flow toward net sales for the first time in five months.
Source: t.me/bull_bellIn the second quarter of 2026, the share of approved loan applications from large Kazakhstani companies rose by 10 percentage points to 65%, said Dinara Tzetdinova, acting director of the National Bank's financial stability and research department.
Source: kapital.kzHalyk Finance has joined Kazakhstan's KASE exchange as the first participant in its digital financial assets and digital assets segment.
Source: t.me/KASEofficialNational Bank of Kazakhstan Governor Timur Suleimenov reported that inflation dropped from 12.9% in September 2025 to 10.2% in September 2026.
Source: t.me/nationalbankkzThe National Bank of Kazakhstan reported that small and medium-sized business lending increased by 29.6% year-on-year, while the corporate portfolio rose by 17.1%, with 22 trillion tenge in loans issued to businesses over the past 12 months.
Source: inbusiness.kzThe Kazakhstan Deposit Insurance Fund (KDIF) released its 2025 results: no bank lost its license, payout timelines in the event of license revocation were cut from 35 to 20 business days, and 99.8% of retail accounts are fully covered by the fund's guarantee.
Source: t.me/kdif_askIn 2025, retail deposits in Kazakhstan exceeded 28 trillion tenge, rising by 14.7%, as Kazakhstanis increasingly shifted money into term deposits, which surged more than 14-fold, and savings deposits, up 1.5 times.
Source: kapital.kzMoody's Ratings has affirmed Kazakhstan-based Eurasian Bank's long-term local and foreign currency deposit ratings at Ba2, revising the outlook from negative to stable.
Source: kapital.kzOn September 14, 2026, Kazakhstan changed the terms for subsidized mortgages at 2% and 5% annual interest, limiting the 2% rate to only eight categories of applicants on the housing waitlist: war veterans, orphaned children, individuals with Category 1 and 2 disabilities, families raising disabled children, widows, and mothers of large families with state awards.
Source: tengrinews.kzKazakh fintech Kaspi.kz, together with the Ministry of Labor and Social Protection, has launched a digital service for maternity benefit applications in its mobile app.
Source: kapital.kzKazakhstan's Agency for Regulation and Development of the Financial Market (ARDFM) is preparing amendments to insurance legislation, introducing mandatory travel medical insurance covering emergency care and repatriation, as well as mandatory home insurance against earthquakes, floods, and wildfires.
Source: t.me/nb_kzAstana's financial regulator, AFSA, has introduced a streamlined authorization process for financial firms already licensed in eight recognized jurisdictions: the FCA, ASIC, MAS, HK SFC, HKMA, ADGM FSRA, DFSA, and QFCRA.
Source: aifc.kzIn the first half of 2026, Kazakhstanis conducted 7.1 billion cashless transactions totaling 92.1 trillion tenge, up 5.1% from the same period last year, the National Bank of Kazakhstan reported.
Source: inbusiness.kzS&P Global Ratings has upgraded Kazakhstan's sovereign credit rating from "BBB-" to "BBB" with a stable outlook, marking the country's return to this tier for the first time since 2016.
Source: kapital.kzShares of Kazakhstan gold miner Solidcore have rebounded from a drop and are gaining amid rising gold prices and a weaker dollar.
Source: t.me/nb_kzAs of August 1, 2026, the year-to-date return on Kazakhstan's Unified Accumulative Pension Fund assets managed by Centras Securities reached 9.72%—the highest among asset management companies.
Source: t.me/qara_aqquAccording to the Mastercard SME Confidence Index 2026 study, small and medium-sized enterprises in Kazakhstan use online payments at an 85% rate, with 47% of companies accepting mostly cashless payments.
Source: kapital.kzNet profit across Kazakhstan's insurance sector reached 81.9 billion tenge in the first half of 2026, down 25% year-on-year, as revenue grew 22.3% while expenses climbed 29.1%.
Source: t.me/bull_bellKazakhstan Stock Exchange KASE launched trading in BlackRock's iShares China Large-Cap ETF (FXI_KZ) on KASE Global starting October 17, 2025. The fund provides access to shares in China's largest companies, including Tencent, Alibaba, Xiaomi, and China Construction Bank, and trades in USD at around $35.58.
Source: t.me/KASEofficialTerm deposits in Kazakh banks jumped fivefold since the start of the year—from 1.1 trillion to 5.6 trillion tenge, reported the Association of Financiers and Development of Kazakhstan.
Source: t.me/nb_kzHome Credit Bank is cutting interest rates on deposits opened before October 2018 by 4 percentage points starting August 19, 2026.
Source: kz.kursiv.media
