Non-performing loans reached 1,265 KZT bil in 2017 in Kazakhstan, according to the National Central Bank. This is 21.4 % more than in the previous year.
Historically, non-performing loans in Kazakhstan reached an all time high of 2,135 KZT bil in 2013 and an all time low of 33.1 KZT bil in 2002. When compared to Kazakhstan's main peers, non-performing loans in China amounted to 1,706 CNY bil, 8.23 KGS bil in Kyrgyzstan and 5,634 RUB bil in Russia in 2017.
Kazakhstan has been ranked 10th within the group of 90 countries we follow in terms of non-performing loans, 5 places above the position seen 10 years ago.
A non-performing loan is a loan that is in default or close to being in default.