Kazakhstan Banks Report Rise In Large Business Loan Applications In 1Q2026
At the same time, the average loan size rose by 80% to 18.8 billion tenge ($39.9 million).
In the large business segment, some banks observed deferred demand for investment projects and a wait-and-see approach among borrowers amid current economic conditions. At the same time, several banks reported a significant increase in requested financing volumes for strategic projects, which affected overall indicators.
Conversely, banks attributed a slight decline in demand from small and medium-sized businesses to the utilization of previously allocated state support funds and seasonal factors.
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