As of September 1, 2026, the loan portfolio of Kazakhstan’s second-tier banks reached 46.3 trillion tenge, up 13.1% year-on-year.
Growth rates slowed compared to the previous three years, when the loan book expanded by more than 20% annually.
The country’s top 10 banks accounted for over 92% of the aggregate loan portfolio. Among them, Home Credit Bank posted the strongest growth—up 26.6% over the year, taking its portfolio to 1.2 trillion tenge. Bank RBK expanded its portfolio by 25%, Bereke Bank by 24.3%, and Otbasy Bank by 24.2%. The remaining major banks recorded growth within the 7–16% range, while two financial institutions saw a decline.
Over the past five years, the loan portfolio of second-tier banks has grown more than 2.5 times, with a compound annual growth rate of 21.6%.
