Investment Securities and Derivatives (Tables)

12 Months Ended

Dec. 31, 2025

Investment securities and derivatives [abstract]

Summary of Investments Securities and Derivatives

Investment securities and derivatives comprise:

	2024		2025
Total financial assets at FVTOCI		1,489,682		1,155,282
Total financial assets at FVTPL		17,149		22,464
Total financial assets at amortized cost		–		2,073
Total investment securities and derivatives		1,506,831		1,179,819

Summary of Financial Assets at FVTOCI

Financial assets at FVTOCI comprise:

	2024		2025
Debt securities		1,489,205		1,154,800
Equity investments		477		482
Total financial assets at FVTOCI		1,489,682		1,155,282

	Interest rate, %	2024		Interest rate, %		2025
Debt securities
Bonds of the Ministry of Finance of the    Republic of Kazakhstan	0.60-16.70		1,192,962	0.60-15.35			781,476
Sovereign bonds of foreign countries	0.63-4.13		3,475	0.63-4.50			219,793
Corporate bonds	2.00-15.88		292,364	2.00-18.01			153,531
Discount notes of the NBRK	14.62		404		—		—
Total debt securities			1,489,205				1,154,800

Summary of Grading of Debt Securities

Debt securities are graded according to their external credit ratings issued by an international rating agencies, such as Standard and Poor’s, Fitch and Moody’s Investors Services and are graded as follows:

	A- and		BBB+ to		BB+		Not
	higher		BBB-		to B-		rated		Total
Debt securities as at 31 December 2024		36,415		1,373,391		4,957		74,442		1,489,205
Debt securities as at 31 December 2025		243,391		867,166		2,395		41,848		1,154,800

Summary of Financial Assets at FVTPL

Financial assets at FVTPL comprise:

	2024		2025
Investment funds		—		21,717
Derivative financial instruments		17,149		747
Total financial assets at FVTPL		17,149		22,464