Kazakhstan 2017/2018

  • Sale
  • Regular price £200.00

Payment Organization

Interbank Card Processing Centre (ICPC). 

Domestic Card Brand

Altyn Card. 

Market Structure

Though two banks issue proprietary local debit cards, nearly all cards are internationally-branded. Three banks issue UnionPay cards. 

VISA predominates, with market share of 71.1%. Central bank figures show that 53.6% of cards issued are classed as active. 

The five largest banks – Kazkommertsbank, Halyk Bank, Tsesnabank, Sberbank KZ and Bank CenterCredit - accounted for 42.7% of banking sector assets as at December 2016. 

Of the top 10 banks, Kaspi Bank and Sberbank are Russian-controlled, while Kookmin Bank of Korea was the biggest shareholder in Bank CenterCredit. 

Bank sector consolidation gained momentum in 2017: Halyk Bank acquired Kazkommertsbank, Tsesnabank acquired Bank CenterCredit. Bank RBK and Qazag Banki in talks about merger. 

Following UniCredit’s disposal of ATF Bank in March 2013, there is no substantial western-owned retail bank in Kazakhstan. 

Notable Market Trends

Contactless cards and POS terminals; e-money, UnionPay cards. 

Statistical Key Figures for 2016 provided in this profile:

UPDATED: tables with card business data 2012-2016; growth rates: Y-o-Y, CAGR

Population, Cards per Capita, Card Value per Capita

Debit Cards, Credit/Delayed Debit Cards, Total Cards

Card payments by number and by value, ATV per card, payments per card/year

ATMs, POS terminals, ATMs/POS terminals per 1 million capita

ATM withdrawals by number/by value, ATV per withdrawal, TXs per ATM/month

POS payments by number/by value, ATV per POS payment, TXs per POS/month

Internet Use, e-payment mix, B2C e-Commerce by value and growth rate

Issued Card brands by individual major issuer bank

Accepted card brands by individual major acquirer

Drill down into the debit card use and credit cards use details

Product information

Digital product provided in PDF format. You will receive a download link to a zip file containing your files after checkout. 


1.0.0 last updated 2nd December 2017