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Payment Card Year Book - Kazakhstan 2018/2019

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  • January 2019
  • Region: Kazakhstan
  • Payments Cards and Mobile
  • ID: 4833057

Payment Organisation

  • 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 a market share of 65.2%. Central bank figures show that 50.9% of cards in circulation are classed as active cards.
  • The five largest banks – Halyk Bank, Kazkommertsbank, Tsesnabank, Sberbank KZ and Forte Bank – accounted for 57.6% of banking sector assets as at December 2017.
  • Of the top 10 banks, Kaspi Bank and Sberbank are Russian-controlled.
  • Bank sector consolidation gained momentum in 2017: Halyk Bank acquired Kazkommertsbank, Tsesnabank acquired Bank CenterCredit. Bank RBK and Qazag Banki in talks about a merger.
  • Following UniCredit’s disposal of ATF Bank in March 2013, there is no substantial western-owned retail bank in Kazakhstan.

Notable Market Trends

  • The contactless rollout, e-money, UnionPay cards, mobile banking apps.

Statistical Key Figures for 2017 provided in this profile:

  • UPDATED: tables with card business data 2013-2017; 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 the individual major issuer bank
  • Accepted card brands by the individual major acquirer
  • Drill down into the debit card use and credit cards use details

Companies Mentioned

  • Altyn Card
  • ATF Bank
  • Bank CenterCredit
  • Bank RBK
  • Forte Bank
  • Halyk Bank
  • Interbank Card Processing Centre (ICPC)
  • Kaspi Bank
  • Kazkommertsbank
  • Qazag Banki
  • Sberbank KZ
  • Tsesnabank
  • UniCredit’s
  • UnionPay
  • VISA


The publisher's research is collated over a year from Primary sources across all European and Eurasian markets. They use the ECB, BIS as well as annual reports from the European banks and listed companies, consulting platforms and major accounting firms along with a combined 100 years of experience in the payments industry analysing and commenting on the data.