Consumer lending has grown significantly in Kazakhstan. Consumer lending by banks andnon-bank financial institutions has more than doubled between 2019 and 2023. Consumers areborrowing more, taking up a greater number of loans, more borrowers are borrowing on longer loan terms, and there has been a marked increase in refinancing. Digital distribution of credit in recent years has vastly increased the ease and speed with which individuals can obtain...
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INFORMATION
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2024/03/31
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Programme d’évaluation du secteur financier (FSAP)
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189165
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1
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2024/04/11
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Disclosed
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Kazakhstan Financial Sector Assessment Program (FSAP) Technical Note - Consumer Protection and Consumer Lending