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Kazakhstan Banking Industry: Total Assets Reached $109Bn

Updated: Jan 30

Following our ranking of top 50 banks in frontier Europe and Central Asia (ECA) and an infographic on 35 banks in Uzbekistan, ECA50 Plc will provide snapshots of the banking industries in other countries of the ECA region. Today's infographic is about Kazakhstan's banking industry and its 21 banks. 



Kazakhstan has the largest banking industry among ten countries of frontier Europe & Central Asia region. Ukraine and Uzbekistan rank 2nd & 3rd respectively. Led by market leaders Halyk and Kaspi, 11 private banks dominate the industry with their total 82% market share. 9 foreign banks control 10%, while sole state-owned Otbasy has 8% share. 


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