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LOAN ISSUED (Tables)
 3 Months Ended
Jun. 30, 2025
Loans and Leases Receivable Disclosure [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
Loans issued as of June 30, 2025, consisted of the following:
Amount OutstandingDue DatesAverage Interest Rate Fair Value of
Collateral		Loan Currency
 
Mortgage loans$963,868 July 2025 - May 205111.8%$963,785 KZT
Uncollateralized bank customer loans258,661  July 2025 - June 2045 29.0%— KZT
Right of claim for purchased retail loans226,357  July 2025 - May 2031 15.0%226,357 KZT
Collateralized bank customer loans223,697  July 2025 - June 2045 17.6%209,654 KZT
Car loans147,058  July 2025 - June 2032 24.3%145,557 KZT
Other10,934  July 2025 - May 2030
3.0%/18.0%/ 18.3%
— 
 USD /KZT/ EUR
Allowance for loans issued(81,173)
Total loans issued$1,749,402 
Loans issued as of March 31, 2025, consisted of the following:
Amount OutstandingDue DatesAverage Interest Rate Fair Value of
Collateral		Loan Currency
 
Mortgage loans$924,530 April 2025 - March 205011.4%$924,386 KZT
Uncollateralized bank customer loans249,448 April 2025 - March 204528.1%— KZT
Right of claim for purchased retail loans183,635 April 2025 - March 203015.0%183,635 KZT
Car loans156,340 April 2025 - April 203224.2%155,320 KZT
Collateralized bank customer loans148,759 April 2025 - July 204319.6%128,543 KZT
Other7,838 April 2025 - September 2029
18.0%/12.70%/3.00%
29 
KZT/EUR/USD
Allowance for loans issued(75,115)
Total loans issued$1,595,435 
Financing Receivable Credit Quality Indicators
The table below presents the Group's loan portfolio by credit quality classification and origination year as of June 30, 2025. Current vintage disclosure is the requirement due to first adoption of ASC 326.
Term Loans by Origination Fiscal Year
20262025202420232022PriorRevolving loansTotal
Mortgage loans$90,315 $317,130 $175,752 $352,078 $28,593 $— $— $963,868 
that are not credit impaired90,279 315,205 173,268 349,270 28,149 — — 956,171 
with significant increase in credit risk36 1,587 1,272 1,438 205 — — 4,538 
that are credit impaired— 338 1,212 1,370 239 — — 3,159 
Uncollateralized bank customer loans65,097 69,533 107,347 16,684 — — — 258,661 
that are not credit impaired64,917 65,393 86,494 12,910 — — — 229,714 
with significant increase in credit risk180 1,537 3,993 610 — — — 6,320 
that are credit impaired— 2,603 16,860 3,164 — — — 22,627 
Right of claim for purchased retail loans89,089 114,383 21,808 1,072 5 — — 226,357 
that are not credit impaired89,089 114,383 21,808 1,072 5 — — 226,357 
with significant increase in credit risk— — — — — — — — 
that are credit impaired— — — — — — — — 
Collateralized bank customer loans103,341 114,206 6,065 85 — — — 223,697 
that are not credit impaired103,341 113,606 5,694 85 — — — 222,726 
with significant increase in credit risk— 228 223 — — — — 451 
that are credit impaired— 372 148 — — — — 520 
Car loans12,023 5,188 100,931 28,916 — — — 147,058 
that are not credit impaired12,023 5,173 94,995 21,462 — — — 133,653 
with significant increase in credit risk— 15 1,283 608 — — — 1,906 
that are credit impaired— — 4,653 6,846 — — — 11,499 
Other170 254 1,216 6,361 43 2,890 — 10,934 
that are not credit impaired170 254 1,207 6,361 43 — — 8,035 
with significant increase in credit risk— — — — — — — — 
that are credit impaired— — 9 — — 2,890 — 2,899 
Total$360,035 $620,694 $413,119 $405,196 $28,641 $2,890 $— $1,830,575 
The table below presents the Group's loan portfolio by credit quality classification as of March 31, 2025.
Term Loans by Origination Fiscal Year
20252024202320222021PriorRevolving loansTotal
Mortgage loans$336,535 $186,816 $370,588 $30,591 $— $— $— $924,530 
that are not credit impaired336,051 184,610 367,918 29,876 — — — 918,455 
with significant increase in credit risk410 1,361 1,402 340 — — — 3,513 
that are credit impaired74 845 1,268 375 — — — 2,562 
Uncollateralized bank customer loans110,094 120,583 18,771 — — — — 249,448 
that are not credit impaired108,045 103,320 15,590 — — — — 226,955 
with significant increase in credit risk1,011 3,557 663 — — — — 5,231 
that are credit impaired1,038 13,706 2,518 — — — — 17,262 
Right of claim for purchased retail loans151,237 30,702 1,688 8 — — — 183,635 
that are not credit impaired151,237 30,702 1,688 8 — — — 183,635 
with significant increase in credit risk— — — — — — — — 
that are credit impaired— — — — — — — — 
Car loans5,974 116,459 33,907 — — — — 156,340 
that are not credit impaired5,974 110,871 26,014 — — — — 142,859 
with significant increase in credit risk— 1,603 836 — — — — 2,439 
that are credit impaired— 3,985 7,057 — — — — 11,042 
Collateralized bank customer loans140,835 7,788 136 — — — — 148,759 
that are not credit impaired138,761 7,498 136 — — — — 146,395 
with significant increase in credit risk2,020 73 — — — — — 2,093 
that are credit impaired54 217 — — — — — 271 
Other232 1,237 6,323 46 — — — 7,838 
that are not credit impaired232 1,229 6,323 46 — — — 7,830 
with significant increase in credit risk— — — — — — — — 
that are credit impaired— 8 — — — — — 8 
Total$744,907 $463,585 $431,413 $30,645 $— $— $— $1,670,550 
Financing Receivable, Past Due
Aging analysis of past due loans as of June 30, 2025 and March 31, 2025, is as follows:
June 30, 2025
Loans 30-59 Days past due Loans 60-89 days past due Loans 90 days or more past due and still accruingCurrent loansTotal
Mortgage loans$2,998 $1,540 $3,159 $956,171 $963,868 
Uncollateralized bank customer loans3,227 3,093 22,627 229,714 258,661 
Right of claim for purchased retail loans— — — 226,357 226,357 
Collateralized bank customer loans215 236 520 222,726 223,697 
Car loans1,050 856 11,499 133,653 147,058 
Other— — 9 10,925 10,934 
Total$7,490 $5,725 $37,814 $1,779,546 $1,830,575 
March 31, 2025
Loans 30-59 Days past due Loans 60-89 days past due Loans 90 days or more past due and still accruingCurrent loansTotal
Mortgage loans$2,835 $678 $2,562 $918,455 $924,530 
Uncollateralized bank customer loans3,132 2,099 17,262 226,955 249,448 
Right of claim for purchased retail loans— — — 183,635 183,635 
Car loans1,548 892 11,041 142,859 156,340 
Collateralized bank customer loans957 1,135 271 146,396 148,759 
Other— — 8 7,830 7,838 
Total$8,472 $4,804 $31,144 $1,626,130 $1,670,550 
Financing Receivable, Allowance for Credit Loss
The activity in the allowance for credit losses for the three months ended June 30, 2025 and 2024 is summarized in the following tables.
Allowance for credit losses
Mortgage loanUncollateralized bank customer loansCollateralized bank customer loansCar loansRight of claim for purchased retail loansOtherTotal
March 31, 2025
$(10,699)$(35,479)$(3,114)$(8,465)$(17,333)$(25)$(75,115)
Charges(2,027)(10,143)(907)(1,055)(8,239)(2,925)(25,296)
Recoveries3,571 3,871 1,473 1,145 6,895 — 16,955 
Write off3 — — — — 24 27 
Forex296 1,106 85 247 522 — 2,256 
June 30, 2025
$(8,856)$(40,645)$(2,463)$(8,128)$(18,155)$(2,926)$(81,173)
Allowance for credit losses
Mortgage loanUncollateralized bank customer loansCollateralized bank customer loansCar loansRight of claim for purchased retail loansOtherTotal
March 31, 2024$(3,033)$(19,636)$(80)$(14,262)$(6,577)$(31)$(43,619)
Charges(728)(6,389)(116)(1,526)(1,490)(6)(10,255)
Recoveries295 3,733 20 3,938 3,473 11,459 
Write off— — 4 109 — — 113 
Forex180 1,160 9 621 246 2,216 
June 30, 2024$(3,286)$(21,132)$(163)$(11,120)$(4,348)$(37)$(40,086)