The cumulative volume of a loan portfolio of second-tier banks of Kazakhstan as of the end of April of 2018 is 13.4 trillion tenge. Over the month, an inconsiderable increase (+0.8% by March) was seen, however, regarding an annual dynamic, crediting has considerably decreased – minus 12.3%, ranking.kz reports.
According to the website, a loan portfolio is increasingly decreased in small banks: Kazakhstan citizens prefer take loans in trustworthy financial institutes, So, out of 16 second-tier banks, 11 banks in the black with a share of the credit market of more than 1%.
The share of large banks was 93.8% of lending banks, that is the highest indicator over the last 5 years.
At the same time, the volume of retail crediting of second-tier banks of the Republic of Kazakhstan for the second time in a row demonstrates a stable growth, as of the end of April of 2018, the volumes of loans of individuals were 4.7 trillion tenge, that is by 14% higher that a year ago. Their share of a loan portfolio increased from 26.7% to 34.7%.
The number of consumption credits increased by 18.5% year-by-year, to 3 trillion tenge, that is 22.6% of a loan portfolio (a year ago – 16.7%), and 65.1% of retail loans (a year ago – 62.6%).
The ever-growing market of retail crediting has out of 15 large banks, 13 banks that offer deposit-free consumption loans, of which only 10 second-tier banks provide express loans without commissions, and only 8 of them provide loans without additional requirements.
The most effective rate is found in ATF Bank – from 17.2%, the next one is ForteBank – from 23.1%, the third one is Home Bank with the annual effective interest rate from 27%.
Maximum credit loan to 60 months is provided by ATF Bank, ForteBank, RBK, Home Credit, Sberbank and Nurbank.
The maximum amount in Sberbank is to 6 million tenge, the next most common amount of to 5 million tenge in ATF Bank, ForteBank, RBK, Nurbank, Eurasian and Alfa Bank.
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