XML 81 R60.htm IDEA: XBRL DOCUMENT v3.25.2
STATUTORY CAPITAL REQUIREMENTS (Tables)
 3 Months Ended
Jun. 30, 2025
Broker-Dealer [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations
The table below presents net capital/eligible equity, required minimum capital, excess regulatory capital and retained earnings as of June 30, 2025 for the Company and each of subsidiaries that are regulated entities that is material for our consolidated financial statements.
(amounts in thousands)Regulated activitiesNet Capital/Eligible EquityRequired Minimum capital/solvencyExcess regulatory capitalRetained earnings
Freedom Holding Corp.
Non-regulated holding company
$486,790 $200,000 $286,790 $(212,344)
Freedom EU
Brokerage
449,516 19,320 430,196 817,674 
Freedom Bank KZ
Bank
388,858 177,077 211,781 173,383 
Freedom KZ
Brokerage
42,039 378 41,661 101,314 
Freedom GlobalBrokerage140,668 30,929 109,739 145,017 
Freedom Life
Life Insurance
69,397 11,350 58,047 75,319 
Freedom Armenia ("Freedom AR")
Brokerage
58,453 787 57,665 58,929 
Freedom Insurance
Property and Casual Insurance
42,249 11,350 30,898 25,779 
Other regulated operating subsidiaries
Other
17,075 251 16,824 (32,320)
$1,695,045 $451,443 $1,243,601 $1,152,751 
The table below presents net capital/eligible equity, required minimum capital, excess regulatory capital and retained earnings as of March 31, 2025 for each of our subsidiaries that are regulated entities that is material for our consolidated financial statements.

(amounts in thousands)Regulated activitiesNet Capital/Eligible EquityRequired Minimum capital/solvencyExcess regulatory capitalRetained earnings
Freedom Holding Corp.
Non-regulated holding company
$526,906 $200,000 $326,906 $(256,096)
Freedom EU
Brokerage
450,903 19,320 431,584 607,659 
Freedom Bank KZ
Bank
382,259 175,396 206,862 159,119 
Freedom KZ
Brokerage
43,568 390 43,178 100,440 
Freedom Global
Brokerage
66,217 21,564 44,653 56,941 
Freedom Life
Life Insurance
58,246 11,692 46,554 70,574 
Freedom Armenia ("Freedom AR")
Brokerage
47,994 773 47,221 48,067 
Freedom Insurance
Property and Casual Insurance
33,646 11,692 21,954 29,150 
Other regulated operating subsidiaries
Other
14,130 26713,863 (28,622)
$1,623,869 $441,094 $1,182,775 $787,232