Ambassador of Kazakhstan to Morocco Saulekul Sailaukyzy held a meeting with Rabat Mayor Fatiha El Moudni.The two sides reviewed progress on implementing the 2024-2027 Roadmap between Astana and Rabat, which covers a wide spectrum of areas ranging from trade, economic and environmental collaboration to cultural exchanges.Discussions touched on urban planning, housing development, green spaces, tourism, and smart city solutions. Both parties underscored the importance of maintaining regular dialogue and arranging mutual visits to share best practices.A separate topic was dedicated to cooperation in the cultural sphere. The Kazakh diplomat outlined plans for a large-scale Nauryz celebration in Rabat, bringing together representatives from Astana Governorate and Kazakh artists to showcase Kazakh traditions, cuisine, and music to Moroccan audiences.Fatiha El Moudni praised the growing bilateral relationship and Kazakhstan's reform progress. The Rabat Mayor indicated her intent to visit Astana this year to explore Kazakhstan’s experience and further advance the twin town relationship with the Kazakh capital established in 2023.Source : https://www.gov.kz/memleket/entities/mfa-rabat/press/news/details/1153146?lang=kk

Members of the Shymkent City Public Council discussed the draft of the new Constitution of the Republic of Kazakhstan, noting its strategic importance for the development of the country. According to the members of the Council, due to the introduction of amendments and additions to 84 percent of the current Constitution, there is every reason to call the main legal document of the State the "New Constitution". In addition, a number of proposals and comments were expressed regarding the draft document submitted for public discussion. The meeting was chaired by Bukharbai Parmanov, Chairman of the Shymkent City Public Council. The meeting was also attended by Bakhadyr Narymbetov, Chairman of the Shymkent City Maslikhat, member of the Constitutional Reform Commission, who spoke in detail about the main areas included in the draft New Constitution. According to Bakhadyr Narymbetov, more than 2,000 proposals and opinions from Kazakhstanis were taken into account during the development of the draft Constitution. The document was prepared based on modern requirements and best international practices. – The preamble and the first three articles of the new Constitution clearly show its political direction and essence. The state interest, the strength of our independence, and public opinion are fully reflected. This is an important step towards the future of our country, – he said. The chairman of the maslikhat also explained in detail to the members of the Public Council the issues considered at the meetings of the Constitutional Reform Commission, noting that the new legal norms will serve as a basis for strengthening social harmony and stability. During the meeting, it was noted that the draft New Constitution has raised the mechanisms for protecting human rights to a new level, and that the process of lawmaking under a unicameral Parliament will accelerate, increasing the efficiency of the work of the Parliament and the Government. Speaking in this context, Deputy Mayor of Shymkent Sarsen Kuranbek emphasized the importance of the New Constitution. – The new Constitution of the Republic of Kazakhstan is not just a legal document, but a fundamental basis that determines the historical path of our people, their current existence and a clear direction for the future. As part of the initiatives of Head of State Kassym-Jomart Tokayev to modernize the political system, it is intended to increase the efficiency of state governance by creating a unicameral Parliament, – he said. According to Sarsen Kuranbek, the preamble to the draft Constitution clearly enshrines the historical continuity of Kazakh statehood, sovereignty, independence, and inviolability of territorial integrity. The Basic Law, based on the principles of "Just Kazakhstan" and "Law and Order," ensures the primacy of human rights and freedoms. In addition, the second part of the Constitution defines the fundamental rights and duties of citizens in a balanced manner. Parliament is being modernized as a professional and influential representative body, and mechanisms aimed at ensuring the balance of power are being strengthened. The constitutional establishment of the Constitutional Court, the Institute of Advocacy, and the People's Council of Kazakhstan will strengthen the protection of citizens' rights and strengthen a permanent dialogue between the people and the authorities. Amendments and additions to the Constitution will be adopted only through a nationwide referendum. At the end of the meeting, members of the Shymkent City Public Council expressed full support for the initiatives raised in the draft New Constitution, evaluating it as an important historical step towards the sustainable development of the country, the formation of a just society, and the well-being of future generations.

Deputies of the Shymkent city maslikhat held a meeting to discuss the draft of the new Constitution of the Republic of Kazakhstan. During the event, opinions were expressed on the new draft Constitution, which is aimed at comprehensive modernization of the country's political system. The meeting was attended by the chairman of the city maslikhat, Bakhadyr Narymbetov, and maslikhat deputies. Bakhadyr Narymbetov attended the meeting of the Constitutional Commission and noted that during the work, important issues that directly affect the future of the country were comprehensively considered. According to him, the working group on parliamentary reform received many proposals from the people and political parties. Systematic and intensive work has been carried out in this direction for half a year. The Chairman of the Maslikhat noted that the new draft Constitution has raised the mechanisms for protecting human rights to a new level, and that in the conditions of a unicameral Parliament, the process of adopting laws will be accelerated, and the activities of the Parliament and the Government will become more effective. In turn, maslikhat deputy Bakytzhan Pozilov noted that the new draft Constitution pays special attention to the healthcare sector. According to him, strengthening the principles aimed at protecting the health of the population and improving the quality of medical services is an important step for the country's development. "A healthy nation is the main wealth of the state," he said. Following the meeting, the participants expressed their support for the draft of the new Constitution of the Republic of Kazakhstan.

Under the chairmanship of the Akim of the Kostanay region, Kumar Aksakalov, a meeting of the regional aktiv was held to discuss the draft of the country's new Constitution. The event was attended by the chairman of the regional maslikhat, heads of regional departments, territorial departments, representatives of law enforcement and special state bodies, as well as media representatives.At the V meeting of the National Kurultai, the Head of State presented his vision of the key directions of the constitutional reform.The head of the region noted that this constitutional reform is a strategic ideological step that defines the model of Kazakhstan's future development and specifies the value orientations of society.«The draft of the basic law was developed for almost six months, taking into account modern social demands and real changes occurring in the country. Conceptual changes to the Constitution are, first and foremost, aimed at strengthening the human-centricity of the state, reflecting the current values and principles of the people of Kazakhstan, as well as increasing the efficiency of the structure of the republic's political institutions.In the new Preamble, for the first time, human rights and freedoms are proclaimed as the state's main priority, and the principles of respect for the individual, responsibility, and justice are consolidated. The principle of “Human – not for the state, but the state – for the human” becomes the core of all state policy. This is a new social contract based on social justice, equal opportunities, and equality before the law», – noted the Akim of the Kostanay region.The “Law and Order” ideology initiated by the President and its consolidation in the Constitution in the form of specific norms create a solid foundation for ensuring order and stability in society. Respect for the law, a sense of responsibility, and the principle of zero tolerance for offenses are the main conditions for developing a strong and safe state.The new Constitution clearly outlines the idea of a harmonious combination of preserving national identity and modern values. Unity, harmony, and tolerance are recognized as key advantages of the multi-ethnic Kazakhstani society and are fixed as the unshakable foundation of statehood.The Akim of the Kostanay region noted that conveying the meaning and significance of the changes provided for by the draft of the new Constitution to every resident of the region and conducting explanatory work is a common task. At the same time, he emphasized his firm conviction that this reform represents an important and large-scale initiative aimed at ensuring a bright future for the country, strengthening public stability, and establishing the principles of justice.The Chairman of the Kostanay regional maslikhat, Saylaubek Yeshchanov, in turn, emphasized that this reform fully meets the modern demands and requirements of society, forming a new model of state and social structure.«The draft Constitution is not limited to just updating the current text but forms a new legal, institutional, and social architecture of the state. It is oriented toward modern challenges, aimed at strengthening human rights and freedoms, expanding the role of civil society, and increasing the stability of the political system», — noted Saylaubek Yeshchanov.Source : https://www.gov.kz/memleket/entities/kostanay/press/news/details/1153131?lang=kk

The Tourism Department of the Akmola Region informs representatives of the tourism industry about the start of applications for participation in the “Quality Mark” program implemented by JSC “NC Kazakh Tourism”.The program aims to improve service standards, enhance the competitiveness of domestic tourism services, and build trust among guests and partners. Obtaining the “Quality Mark” confirms a high level of service quality and professionalism of companies operating in the tourism sector.The application deadline is February 6 of the current year.Applications are accepted via email: product@qaztourism.kzRequired documents:* for individual entrepreneurs — certificate of registration;* for LLPs — company charter and certificate of registration;* for tour operators — additionally, a license.For any inquiries, applicants may contact the managers of JSC “NC Kazakh Tourism”.The Tourism Department encourages regional entrepreneurs to actively participate in the program, which will help improve the quality of tourism services and strengthen the Akmola Region’s position as one of the country’s leading tourist destinations.Source : https://www.gov.kz/memleket/entities/aqmola-tourism/press/news/details/1153087?lang=kk

KazAID at the Volunteer ForumJanuary 30, 2026 - KazAID participated in a forum dedicated to the opening of the International Year of Volunteers in Kazakhstan.In his speech, the Head of State shared his vision for the future development of the volunteer movement in Kazakhstan and called for stronger international cooperation in this area.KazAID actively cooperates with the National Volunteer Network in the implementation of projects in the field of official development assistance and ready to support all initiatives aimed at strengthening international cooperation and developing the volunteer movement.Source : https://www.gov.kz/memleket/entities/kazaid/press/news/details/1153008?lang=kk

The epidemiological situation regarding the Nipah virus in Asian countries remains under the control of international health services. According to international public health organizations, sporadic local cases of Nipah virus infection are periodically reported in several countries of South and Southeast Asia. The infection has previously been detected in Malaysia, Bangladesh, India, the Philippines, and other countries in the region.In January 2026, isolated cases of the disease were recorded in India. Local health authorities are carrying out anti-epidemic measures, and the situation remains under control.The Nipah virus is classified as a zoonotic infection. It can be transmitted to humans from animals (primarily fruit bats), through contaminated food and beverages, or through close contact with an infected person. The incubation period averages from 4 to 14 days.Early symptoms may resemble those of a cold or flu, including fever, headache, muscle pain, weakness, sore throat, and vomiting. In some cases, neurological symptoms may occur, such as drowsiness, dizziness, and impaired consciousness.Currently, there is no specific vaccine or approved treatment for the Nipah virus. Prevention is based on maintaining proper hygiene and limiting contact with potential sources of infection.Recommendations for touristsWhen planning trips to South and Southeast Asian countries, it is recommended to:– maintain personal hygiene;– consume only thoroughly processed and well-cooked food;– avoid contact with wild animals;– refrain from consuming fruits and juices of unknown origin;– seek medical assistance promptly if feeling unwell.Regional situationNo cases of the disease have been registered in the Republic of Kazakhstan or in the Akmola Region. The region’s tourism infrastructure continues to operate as usual. The Tourism Department will continue monitoring the international epidemiological situation and will promptly inform the public if necessary.Source : https://www.gov.kz/memleket/entities/aqmola-tourism/press/news/details/1153057?lang=kk

At the hardware meeting, the results of the socio-economic development of the city of Kostanay for 2025 were summarized. According to the results of the reporting period, the city recorded steady growth in key macroeconomic indicators.Dynamic development is noted in industrial production, investment activity, the construction sector, as well as wholesale and retail trade. The volume of industrial production approached 2 trillion tenge. The manufacturing industry, including mechanical engineering, continues to play a key role in the city's economic structure. During the year, over 92 thousand vehicles and commercial equipment were produced, and the output of agricultural machinery and food products was increased.384.5 billion tenge in investments were attracted to the city's economy, of which approximately 90 percent are private investments. As part of the implementation of major investment projects, over 2.8 thousand new jobs were created. By the end of the year, 336.6 thousand square meters of housing were commissioned, which accounts for more than 65 percent of the total housing commissioning volume in the region.The city's population exceeded 276 thousand people and continues to grow, which confirms the stable socio-economic development of Kostanay and its attractiveness for living, working, and investment activities.Source : https://www.gov.kz/memleket/entities/kostanai-kalasy-akimat/press/news/details/1153062?lang=kk

KazAID and the Royal Thai Embassy discussed cooperation in the field of healthcare On 30 January 2026, a meeting was held at the KazAID office between Mr. Arken Arystanov, Chairman of the Management Board of KazAID, and H.E. Mrs. Orathai Phubunlap Gunaseelan,  Chargé d’Affaires a.i. of the Royal Thai Embassy in Astana.During the meeting, the parties discussed the preparation of a medical symposium in Astana scheduled for April 2026, with a focus on oncology, as well as prospects for cooperation in the field of medical education. Particular attention was paid to the implementation of the Memorandum of Understanding between KazAID and the Thailand International Cooperation Agency (TICA), including cooperation in the areas of healthcare, digitalization, and sustainable development.Source : https://www.gov.kz/memleket/entities/kazaid/press/news/details/1153066?lang=kk

The Department of State Revenue of the Mangystau region informs that recently people have been receiving mass messages allegedly from tax authorities. About the transition to the tax regime, urgent notifications, threats of fines and requests to follow the link. These are scammers!Their goal is simple. Scare, confuse, and extort your data or money. Remember three simple rules to avoid falling for the tricks of scammers:All official notifications are sent only to the taxpayer's Personal Account or through trusted services (official electronic services, push notifications and contact center 1414).No SMS codes. If someone asks for a "verification code" or your password, they are 100% scammers. Real employees of the SRC never ask for such data.Do not follow the links. If you receive a strange email from the tax service with a "pay" or "check" button, just delete it. What to do:- do not click on suspicious links;- do not reply to unknown senders;- do not share personal or financial information;- check information only through official channels. Separately, about the transition to simplifiedThe submission of a notification to the SSR on a simplified declaration is available from January 1, 2026. You can do this:- in the taxpayer's Office via EDS;- in the e-Salyq Business app;- in the applications of banks (Kaspi, Halyk, BCC);- personally on paper in the State Revenue Department. The tax authorities do not generate or request any codes, queues, or "preliminary records."Be careful. Scammers play on fear and haste.Check the information. Trust only official sources.(unofficial translation)Source : https://www.gov.kz/memleket/entities/kgd-mangistau/press/news/details/1152918?lang=kk

A joyful and significant event has taken place for the education sector of the Aksuat district, especially for the staff and students of the Kogageldi Batyr Secondary School. The descendants of Kogageldi Batyr specially arrived in their native land and demonstrated a vivid example of filial duty and civic responsibility.Today, about 950 students study at the school. Due to the large number of students, the lack of a sports hall has remained a pressing issue for many years.In this regard, the head of “Kozhageldi” LLP, Telman Kabykенovich Zhamantikоv, together with concerned community members — Marat Kozhakhmetovich Bekbayev, Bolat Imamakhmetovich Bekbayev, and Zhas tilek Nurakhmetovich Bekbayev — announced their intention to build a modern sports complex for the Kogageldi Batyr School this year, including a heating boiler facility, as well as to construct a new sports ground and a hockey rink.All descendants of Kogageldi Batyr will take part in implementing this large-scale project. If additional funding is required beyond the amount collected by the Tokabay–Kogageldi Batyr family, Telman Kabykенovich has taken personal responsibility for completing the construction and has expressed his readiness to cover any shortfall from his own funds.This noble initiative is aimed at strengthening the health of the younger generation, promoting mass sports, and encouraging young people to lead a healthy lifestyle.We express our sincere gratitude to those who care about the future of their native land and make a meaningful contribution to its development. We wish the descendants of Kogageldi Batyr and Telman Kabykенovich prosperity and continued success in their good deeds.#Адал_азамат_Абай_облысы_Ақсуат#АПҚО_Абай_облысы_Ақсуат#Ұлттық_сезім_Абай_облысы#Балаларкітапханасы_Абай_облысы_Ақсуат#Абай180жыл_Абай_облысы_Ақсуат#Бірлікжәнеынтымақжобасы_Абай_облысы_Ақсуат   Source : https://www.gov.kz/memleket/entities/aksuat-bilim/press/news/details/1152931?lang=kk

In accordance with the plan of the Methodological Office of the Education Department of Aksuat District, a district-level experience-sharing seminar for career guidance teachers entitled “Choosing a Profession – a Step into the Future” was held on January 30, 2026, at Kokzhyra Secondary School named after M. Auezov.Career guidance teachers from the district’s schools took part in the seminar and exchanged professional experience. According to the program, career guidance teacher A. Balpanova conducted an informative lesson for 2nd-grade students on the topic “What Profession Is This?”. During the lesson, students completed tasks using an interactive board, explored the world of professions, learned about the specifics of various careers, and shared their impressions.In addition, career guidance teacher S. Aubakirova organized a roundtable discussion with students of grades 7–10 on the topic “I Can Choose a Profession.” The students were divided into groups, actively participated in discussions, expressed their opinions, and shared their thoughts on the importance of making a conscious career choice.The seminar topic was comprehensively covered, and its objectives were achieved. Participants were introduced to the work of the school’s “Skilled Hands” club. Handicrafts and museum exhibits, including historical artifacts, were presented. The teachers were also ознакомлены with the school’s ongoing systematic work in the field of career guidance.At the end of the seminar, participating teachers from district schools shared their feedback and impressions.The seminar was concluded by Kuralai Kuzhakhanovna Rakhimbayeva, methodologist of the Education Department. Certificates from the Education Department were awarded to S. Aubakirova and A. Balpanova for sharing their professional experience.#Адал_азамат_Абай_облысы_Ақсуат#АПҚО_Абай_облысы_Ақсуат#Ұлттық_сезім_Абай_облысы#Балаларкітапханасы_Абай_облысы_Ақсуат#Абай180жыл_Абай_облысы_Ақсуат#Бірлікжәнеынтымақжобасы_Абай_облысы_АқсуатSource : https://www.gov.kz/memleket/entities/aksuat-bilim/press/news/details/1152946?lang=kk

Source : https://www.gov.kz/memleket/entities/almobl/press/news/details/1152901?lang=kk

On January 30, 2026, Deputy Head of the Representative office of the Ministry of Foreign Affairs of the Republic of Kazakhstan in Almaty Rashid Yerishev received the Representative of the Embassy of the Republic of India in Almaty, Swapnil Sharad Kothawade on the occasion of the completion of his diplomatic mission in Kazakhstan. During the conversation, R. Yerishev thanked for the contribution to the expansion and strengthening of friendly relations and mutually beneficial cooperation between the two fraternal countries and wished the diplomat success in his future activities.Source : https://www.gov.kz/memleket/entities/mfa-almaty/press/news/details/1152824?lang=kk

A Meeting with Media Representatives Was Held at the Zhanaozen City Territorial Election CommissionToday, as part of the events dedicated to the World Election Day, a meeting with representatives of the mass media was held at the Zhanaozen City Territorial Election Commission.In a modern democratic society, elections are the primary mechanism for public participation in governance. The mass media serve as an important institution that provides citizens with political information and shapes public opinion. Effective interaction between election authorities and the media plays a crucial role in ensuring transparency and fairness of the electoral process.During the meeting, participants were provided with comprehensive information on the participation of citizens of the Republic of Kazakhstan in elections, the principles of a democratic society, as well as the role and activities of the mass media during election campaigns.Source : https://www.gov.kz/memleket/entities/akimat-goroda-zhanaozen/press/news/details/1152839?lang=kk

Source : https://www.gov.kz/memleket/entities/mod/press/news/details/1152852?lang=kk

January 30, 2026, Alkmaar — A meeting was held between the Ambassador of the Republic of Kazakhstan to the Kingdom of the Netherlands, Akan Rakhmetullin, and Mr. Richard van der Laan, Head of the Dutch company REPA Conveyor Equipment, during which the prospects for implementing new investment initiatives of the company in Kazakhstan were discussed.During the meeting, the management of REPA Conveyor Equipment provided an update on the current status of the investment project aimed at launching the production of conveyor rollers in the Republic of Kazakhstan. The project is considered as the first stage of localizing the company’s high-tech manufacturing capacities and is designed to meet the growing demand from the mining, metallurgical, and logistics sectors of the economy.Highlighting the high potential of the Kazakh market, the company’s representatives emphasized its strategic geographical location, developed industrial base, and the consistent state policy aimed at attracting foreign investment. According to the management of REPA Conveyor Equipment, Kazakhstan is viewed not only as a promising sales market but also as a regional manufacturing hub for the subsequent export of products to Central Asia and the broader Eurasian region.Taking into account the favorable investment climate, the company is also considering the possibility of further expanding its presence in the country. In the medium term, in addition to the production of conveyor rollers, the launch of production lines for conveyor drums and conveyor belts is planned, as well as the development of service and engineering support for industrial enterprises.Ambassador Akan Rakhmetullin emphasized Kazakhstan’s interest in attracting high-tech manufacturing, creating new jobs, and facilitating the transfer of advanced industrial technologies, confirming the readiness of the Kazakh side to provide the necessary support for the implementation of investment projects by Dutch companies.Following the meeting, the parties confirmed their mutual interest in further developing cooperation and continuing dialogue on issues of industrial cooperation, production localization, and technological partnership.Source : https://www.gov.kz/memleket/entities/mfa-hague/press/news/details/1152856?lang=kk

Hong Kong, January 29, 2026 – Consul General of the Republic of Kazakhstan in Hong Kong SAR, Bauyrzhan Dosmanbetov, held a series of meetings with representatives of Hong Kong's business community and development institutions to enhance business cooperation in Kazakhstan's investment projects.Specifically, negotiations were held with representatives of "China Kingstone Mining Holdings Limited", where mining projects were presented to the Hong Kong company. Given the company's experience in managing projects from development through production and sales, a preliminary agreement was reached on further cooperation."China Kingstone Mining Holdings Limited" is an investment holding company engaged in mineral extraction, as well as marble processing and trading. The company owns China's largest marble mine, as well as deposits in Chile and Mongolia. At a meeting with Chris Lo, Regional Director for Central Asia and Europe at the Hong Kong Trade Development Council (HKTDC), and Casey Lam, Deputy Director for International Markets, Consulates, and Chambers of Commerce at the Investment Promotion Agency of Hong Kong SAR (InvestHK), practical steps to activate bilateral business cooperation were discussed. The parties exchanged substantive views on increasing trade turnover between Kazakhstan and Hong Kong by boosting exports from the Republic of Kazakhstan. The Consul General presented over 200 export items from JSC "Trade Policy Development Center "QazTrade". The Hong Kong side, in turn, invited Kazakhstani producers to actively participate in the "Hong Kong Food Expo", organized by the HKTDC in 2026.Hong Kong Food Expo is Asia's largest annual food and beverage exhibition, focused on promoting new products, establishing business contacts among industry players, and sharing knowledge about the latest trends in the food market.The parties also emphasized the growing importance of artificial intelligence (AI), information and communications technology (ICT), and the development of modern trade infrastructure and logistics. In this regard, HKTDC representatives invited a number of Kazakhstani companies to participate in the "InnoEX" forum, which will be held in April 2026.InnoEX is a major Hong Kong exhibition forum dedicated to innovation and advanced technologies (AI, smart cities, and digital infrastructure), bringing together experts, entrepreneurs, and investors for collaboration and discussion of future trends.The Consul General noted the large influx of foreign tourists to the Republic of Kazakhstan in the coming years. In this regard, InvestHK representatives expressed interest in the construction of hotel complexes in Kazakhstan, emphasizing the potential of this area for the development of tourism infrastructure.As a result of the meeting, an agreement was reached to organize a visit by Hong Kong entrepreneurs to Kazakhstan in the first half of 2026 and to further promote joint initiatives. Source : https://www.gov.kz/memleket/entities/mfa-hongkong/press/news/details/1152865?lang=kk

At the capital’s military unit No. 6636 of the National Guard of the Ministry of Internal Affairs of the Republic of Kazakhstan, about 170 servicemen solemnly took the Military Oath.Parents of the soldiers and veterans attended the ceremony, wishing the young guardsmen successful service and a good journey ahead.The event opened with a welcoming address by the unit commander, Colonel Erlan Buranbayev. He emphasized the high level of responsibility placed on servicemen and the importance of loyalty to military duty. Veterans and parents also offered their congratulations, noting that service to the Motherland is an honorable and responsible mission.“Military service is an honor for every citizen. Therefore, do not waste this year. Devote each day to building character and strengthening discipline. Support one another, because unity in formation is the key to victory. Live up to the trust of the Motherland! Carry our banner with pride! Serve for the sake of peace and the strength of Kazakhstan!” — Colonel Erlan Buranbayev said.During the ceremony, servicemen of the senior intake shared their experience and demonstrated hand-to-hand combat techniques. For the young guardsmen, this was not only a spectacular performance but also one of their first practical lessons in the service ahead.Over the coming year, the new recruits will serve in the city of Astana, carrying out their assigned duties and fulfilling their obligation to the Motherland.It is worth noting that this year about 170 servicemen from the Akmola, Kostanay, Turkistan, Pavlodar, Karaganda, East Kazakhstan regions, and the Ulytau Region were conscripted into military unit No. 6636. Press Service of the National GuardMinistry of Internal Affairs of the Republic of KazakhstanSource : https://www.gov.kz/memleket/entities/kvv/press/news/details/1152873?lang=kk

The Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market (hereinafter, the Agency) has published the results of the regular asset quality review (AQR) of the banking sector for 2025. The report provides a detailed analysis of the current level of credit risk based on the regular AQR results.In 2025, the Agency conducted the regular AQR on 11 leading banks, whose assets account for 86% of the banking system. The analyzed debt reached ₸32.8 trillion, increasing by 19.7% year-on-year basis. The main part of the debt is represented by unsecured consumer loans (₸11 trillion), as well as portfolios of loans for large business (₸4.7 trillion), small business (₸4.5 trillion), and investment projects (₸3.6 trillion).On an individual basis, 1 299 major borrowers, as well as 580 co-borrowers and guarantors with a total debt of ₸9.9 trillion, were assessed. 37.7 million loans totaling ₸22.9 trillion were analyzed on a collective basis.The results of the regular AQR confirmed the sector's resilience at the systemic level: the capital adequacy ratio for 11 banks was 17.7%, which is significantly higher than the regulatory minimum requirement.The difference in reserve estimates between banks and the regular AQR amounted to ₸377.4 billion. The share of Stage 2 loans increased by ₸678.1 billion, from 1.4% to 3.5%, while the share of Stage 3 loans rose by ₸422.4 billion, from 7.5% to 8.7%.Compared to the regular AQR of 2024, the assessment results improved: reserve adjustments decreased by ₸37.7 billion, despite the growth in banks' loan portfolios. There is also a decrease in the share of Stage 3 loans by 1.1 p.p.The results of the regular AQR 2025 indicate an improvement in the quality of banks’ credit portfolios, as reflected in a lower share of Stage 3 loans exposures and a reduction in the volume of additional provisions. Compared to AQR 2024, the largest decrease in additional provisions was observed in the investment loan portfolio (by KZT 61.6 billion), primarily driven by loans assessed on a collective basis. This trend is attributable to the implementation of the Agency’s recommendations on LGD parameter estimation and an overall decline in the portfolio’s probability of default (PD), which confirms an enhancement in the quality of credit risk assessment.Detailed results of the regular AQR 2025 are presented in the report by portfolio, assessment method, industry, and risk metrics and compared to the results of the last year's AQR.For the first time, the report has been supplemented with a dedicated section presenting results for each individual bank. The disclosure of data on a bank-by-bank basis is intended to enhance the transparency of supervisory information and to provide a more comprehensive and comparable understanding of the level of credit risk in the banking sector. This approach also contributes to greater openness of supervisory conclusions and improves the quality of the Agency’s engagement with market participants. External Communications Directoratepress@finreg.kz  Source : https://www.gov.kz/memleket/entities/ardfm/press/news/details/1152793?lang=kk