Kazakh Banks' September Profit Up Year-on-Year, but Nine-Month Total Remains Lower

Kazakh banks recorded a net profit of 201.8 billion tenge in September 2026, an increase of 15.7 billion tenge compared to the previous year. This marks the second month of positive year-on-year growth in 2026. However, the cumulative profit for the first nine months of 2026 is still 11.6% below the 2025 level.

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