On 6 May 2026, Eurasian Bank JSC published consolidated financial statements for 2025, prepared in accordance with IFRS and confirmed by an independent auditor. The reporting period marked a stage of structural change with a focus on sustainability, operational efficiency, and technological transformation of the business.

By the end of 2025, the Bank’s net profit amounted to 25.4 billion tenge against 82.7 billion tenge a year earlier. The dynamics of the indicator is due to one-time factors related to the implementation of strategic solutions in the capital structure, optimization of the international presence, as well as significant investments in the development of the Bank’s technological infrastructure

Key performance indicators:

• The loan portfolio increased to KZT 1.493 trillion (2024: KZT 1.479 trillion), reflecting steady demand from corporate and retail customers. It is worth noting that the Bank retains its position as one of the largest players in the corporate lending market with a diversified and high-quality portfolio.
• Total assets reached 2,986 billion tenge. The volume of cash and cash equivalents increased to KZT 664.7 billion, forming a significant reserve of liquidity.
• The equity capital remained at a stable level —8 bln tenge. The tier one capital adequacy ratio of 0.19 is one of the highest indicators among the major banks in Kazakhstan.
• Revenues from foreign exchange transactions increased to KZT 54.4 billion (KZT 44.2 billion in 2024), reflecting the strengthening of the Bank’s position in this segment.
• The cost of forming reserves for expected credit losses amounted to 42.2 billion tenge (2024: 42.4 billion tenge), which confirms the stable quality of assets.
• Operational efficiency improved by reducing administrative costs to 24.7 billion tenge (in 2024, 35.0 billion tenge, including one-time expenses related to flood relief).

“In 2025, we focused on reliability and formed the basis for long-term growth. Implemented solutions regarding the capital structure, liquidity and calibration of business lines allow the Bank to flexibly adapt to changes in the external environment and consistently move along the path of sustainable development,” said Lyazzat Satiyeva, CEO of the Bank.

Factors that determined the financial performance of the reporting period:

Capital structure optimization

In December 2025, the Bank prematurely repaid part of the subordinated bonds in the amount of 30.0 billion tenge. The corresponding accounting effect in the amount of KZT 15.9 billion was reflected in interest expenses. The solution was implemented as part of a strategy to reduce the share of government support and strengthen the autonomy of the capital base.

The international perimeter

In the reporting period, it was decided to terminate the activities of the subsidiary bank in the Republic of Uzbekistan with the recognition of the impairment of the relevant investments.

Risk management

The Bank maintained a conservative approach to assessing credit risks in accordance with IFRS 9, enhancing the quality of its portfolio.

Business model

In 2025, the Bank continued its business transformation: it completed its exit from the commercial lending segment and consistently reduced the volume of non-core assets.

Technology and infrastructure

A significant part of the costs was generated by investments in the development of the technological infrastructure. The investments have already yielded results – in 2026, the latest Tier III data processing center (DPC) was commissioned. It ensures the uninterrupted operations of key systems 24/7, a high level of reliability and cybersecurity, and creates the basis for scaling digital services, including artificial intelligence-based solutions. In parallel, the construction of a backup data center in Astana is underway.

Among the key technological initiatives of 2025 is the launch of a new credit pipeline, which includes the launch of a fully digital car loan process. The Bank was the first on the market to offer a seamless customer path from application processing, with a record decision-making speed in 20 seconds, as well as a unique online service for registering a new car with an authorized Government agency within 30 minutes.

The Bank has completely relaunched its mobile app, creating a new digital platform called Eurasian Bank. In parallel, together with the National Bank of the Republic of Kazakhstan, a pilot project was implemented to issue the EVO stablecoin, a significant step in the development of digital financial instruments.

Priorities in 2026

This year, the Bank is focusing on scaling key growth drivers and improving the efficiency of its business model. It is planned to significantly expand its presence in SMEs and expand its portfolio through integrated financial and digital solutions for entrepreneurs. The functionality of the mobile app and the ecosystem of retail services will continue to deepen, with an emphasis on increasing customer activity and improving user experience.

The Bank will continue to digitalize its processes and scale up its technological infrastructure. The implementation of these priorities is aimed at forming a balanced growth model with an emphasis on sustainability, reliability, asset quality and long-term profitability.

Eurasian Bank is a socially significant financial institution in Kazakhstan, one of the top 7 banks in terms of assets. The Bank holds a leading position in auto lending and a number of retail segments, as well as provides a wide range of services to corporate and SME clients.