KMF Bank JSC published Annual Report for 2025: First Time as a Bank
«KMF Bank JSC announces the publication of its Annual Report, Audited Consolidated Financial Statements, and Sustainability Report, marking its debut as a licensed commercial Bank. The report has been prepared in accordance with International Financial Reporting Standards (IFRS) for the twelve months ended December 31, 2025, and complies with the requirements of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market, the Kazakhstan Stock Exchange (KASE) Listing Rules, and the Global Reporting Initiative (GRI) international standards for non-financial reporting.
“The Bank views the current stage as an investment phase of development aimed at business scaling, increasing operational efficiency, and integrating sustainability principles into core processes. We look forward to the future with confidence, building upon our established strategy, technological foundation, and professional team,” noted Shalkar Zhussupov, CEO of the Management Board of KMF Bank JSC.
Key Financial and Operational Results of 2025:
- Equity increased by 11.2% to KZT 69.7 billion
- Total assets grew by 20%, exceeding KZT 403 billion
- Loan portfolio expanded by 18% year-on-year to KZT 330.5 billion
- Active clients reached 155.1 thousand
- Fitch Ratings affirmed KMF's Long-Term Credit Rating at "B+" and National Long-Term Rating at "BBB (kaz)" with a Stable Forecast.
One of the key achievements of 2025 was the launch of a new mobile application, which serves as a unified digital service for both individuals and individual entrepreneurs. The app enables remote opening of accounts and deposits, as well as payments and transfers, establishing a seamless digital channel for customer interaction.
The Bank continues its active collaboration with international partners. In 2025, partnerships were reinforced with the EBRD (European Bank for Reconstruction and Development), the IFC (International Finance Corporation), and JICA (Japan International Cooperation Agency).
In sustainability news, the Bank has joined the UN Global Compact, an initiative that brings together businesses, academia, and NGOs to contribute to achieving the UN Sustainable Development Goals. For the first time, starting from 2025, we have been calculating our greenhouse gas emissions and taking measures to minimize them.
In December 2025, the European Bank for Reconstruction and Development recognized KMF as the Leading Bank in Non-Financial Services under the "Women in Business" program.
KMF was awarded the "Crystal Headset 2025" (Khrystalnaya Garnitura) in the "Best Quality Control and Evaluation Team" category by the professional community CCG Awards for its high level of customer service.
The Bank has introduced its own corporate symbol—Tazy, a Kazakh sighthound, reflecting the brand’s connection to national heritage.
Comprehensive details on these and many other 2026 performance results can be found in the Annual Report on the Bank’s official website.