Annual Report 2024 Turning the Dream of Home into a Goal

Economic Performance

Distribution of Economic Value, KZT million

 

2021

2022

2023

2024

Economic value generated (income):

 

 

 

 

operating (interest) income

171,023

251,019

312,035

333,456

fee and commission income

1,919

3,016

4,913

5,785

other income

32

12

13

15

Economic value distributed:

 

 

 

 

payroll expenses

11,851

13,108

15,190

18,207

taxes and payments to the state budget

654

792

841

1,014

payments to capital providers (interest and dividend payments)

charity and sponsorship

other operating expenses

9,595

10,382

9,927

8,735

other non-operating expenses

 

Economic value to distribute (net profit)

65,755

96,035

147,528

120,793

In 2024, the total economic value generated by the Bank amounted to KZT 339 billion. As a large commercial organization, the Bank contributes to the country’s socio-economic development through the distribution of the generated economic value in the interests of key stakeholders.

At the same time, the Bank makes a more substantial contribution to society and the economy through its core operations aimed at developing the housing savings system in Kazakhstan. By helping citizens address housing needs, the Bank provides a sustainable foundation for national development and improving the quality of life for Kazakhstanis.