Kazakhstan’s Agency for Regulation and Development of the Financial Market reported on 6 October that the country had 23 second-tier banks as of 1 September 2026. The group included 10 subsidiary banks and one bank wholly owned by the state. Banking-sector assets rose 0.1% in August to 75.7 trillion tenge, a 6.9% increase since the start of the year. The regulator said the main contributor to the monthly rise was a 2.8% expansion in the loan portfolio, to 46.3 trillion tenge. These are consolidated sector figures at a reporting date; they do not describe the performance of an individual bank or the finances of a typical household.

Highly liquid assets at second-tier banks totalled 23.2 trillion tenge, equal to 30.6% of assets. The overall loan portfolio to the economy increased 1.7% in August to 42.8 trillion tenge, up 6.5% since the beginning of 2026. New lending reached 3.8 trillion tenge, 9.6% above August 2025. Tenge-denominated loans grew 1.3% to 38.4 trillion tenge, while foreign-currency loans rose 4.5% to 4.4 trillion. Tenge lending represented 89.7% of the total on 1 September, down 0.3 percentage points over the month. The release reports balances and changes over the stated periods, rather than a forecast of future lending.

Loans to businesses increased 2.3% to 16.4 trillion tenge. The small and medium-sized enterprise portfolio grew 2.6% to 7.9 trillion, while lending to large companies rose 2.7% to 5.1 trillion; despite that monthly increase, the large-business portfolio was 7.9% lower than at the start of the year. Loans to individual entrepreneurs rose 1.1% to 3.4 trillion tenge. By industry, lending to industry grew 2.8% to 5.436 trillion tenge, trade loans increased 2.2% to 4.205 trillion, agriculture lending rose 3.2% to 530 billion, and construction lending climbed 5.4% to 948 billion.

Household loans expanded 1.2% to 26.5 trillion tenge. Consumer credit stood at 17.6 trillion and mortgage lending at 7.8 trillion tenge. Loans more than 90 days overdue totalled 1.9 trillion tenge, or 4.0% of the banking portfolio, on 1 September. The corresponding rates were 4.6% for household loans and 3.9% for business loans. Sector liabilities increased 0.2% to 64.4 trillion tenge in August, with customer deposits accounting for 79.2% of the total. These figures are the regulator’s aggregate snapshot for the period and should not be read as a projection.