Central Asia fintech news
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Kazakhstan's unified QR processes 210 billion tenge in first month
The National Bank has released the first results of the interbank mobile payment system.
Halyk Bank plans to obtain an Islamic finance license
Kazakhstan’s largest bank is preparing to open an “Islamic window” following changes to industry legislation.
ARDFM approves criteria for systemic risks and bank viability assessment
New rules define the regulator’s response to deteriorating bank finances and introduce strict controls over non-market transactions.
Market signals: August 20–23 week
Key events in the Central Asian fintech market for August 20–23
Kazakhstan introduces 14-day cooling-off period for loans and insurance
Starting October 2026, borrowers can cancel unsecured loans and bundled services without penalties. Banks are banned from using pre-checked boxes in apps.
Market Signals: August 18–21
Key events in the Central Asian fintech market: debt rotation and new KASE listings
China Construction Bank discusses setting up a subsidiary bank in Kazakhstan
One of the world’s largest banks is considering direct entry into the Kazakh market following a meeting with regulators.
Former NBK Deputy Chairman Berik Sholpankulov joins Solva's board of directors
The former National Bank of Kazakhstan executive joins the fintech company, signaling its growth and the attraction of public sector expertise.
Kazakhstan banks required to report major IT incidents to ARDFM within five days
The regulator’s new mandate accelerates reporting on IT system disruptions at financial institutions.
Freedom Holding Corp. boosts quarterly revenue to $732.5 million driven by brokerage and banking
Freedom Bank’s parent company reports financial results: holding assets top $14 billion amid active digital ecosystem expansion
Catalog pulse: August 10–17 week
What happened in the Central Asian fintech market: falling B2B app ratings, 24 releases, and new ARDFM rules
NBK AI platform user activity grows 54% as 10 production services launch
The National Bank is developing its internal AI platform as a unified digital workplace for employees, with external access for subsidiaries.