In June 2026, Kazakh banks earned 160 billion tenge. This was reported by Qazaqyia.kz citing Kursiv Media.

The top five most profitable banks remained unchanged, but their monthly net profit significantly decreased. At the same time, one of the largest banks ended the month with a loss, according to the National Bank's report.

Sharp decline after a successful May

After a successful May, when banks' profit amounted to 239.8 billion tenge, in June it fell sharply by 33%. Compared to June last year, profit also decreased by a similar amount. The largest banks significantly reduced their profit compared to the previous month, and some also in annual terms.

Results of individual banks

Halyk Bank's profit decreased by 26.7% compared to May, but grew by 4 billion tenge in annual terms. Kaspi Bank's monthly profit fell by 20%, and by 13.5 billion tenge compared to June 2025.

Otbasy Bank, which was third in profit in May but then lost this position, reduced its profit by 40% compared to May. However, in annual terms, its profit doubled. ForteBank, on the contrary, saw its profit decrease by only 1.6 billion tenge compared to May, but in annual terms it fell by 1.8 times.

Top five banks by net profit for June 2026:

Following the top five, Citibank Kazakhstan unexpectedly took sixth place. The branch of the American financial corporation, working with large businesses, earned 10.4 billion tenge, increasing its profit compared to May. Next is Home Credit Bank with 8 billion tenge in profit for June and 22.4 billion tenge since the beginning of the year.

In eighth position is another strong player, Bank RBK, with 5 billion tenge in profit for the month (28 billion tenge since the beginning of the year). The top ten is closed by two Chinese banks – ICBC Almaty and Bank of China Kazakhstan.

Alatau City Bank ended the month with a loss

At the same time, the sixth largest bank in the country by assets – Alatau City Bank – ended June with a loss. The bank lost 38.85 billion tenge in a month. Accumulated profit since the beginning of the year decreased to 4.5 billion tenge. This is likely due to the bank returning state aid.

Overall indicators

It should be noted that the profit of Kazakh banks in June 2026 is the lowest indicator since the beginning of the year. At the same time, in the first half of the year, profit decreased by 183 billion tenge compared to the same period last year – to 1.2 trillion tenge.