Auto Loan Demand in Kazakhstan Drops by 9% in H1 2026
Summary
According to the Association of Financiers of Kazakhstan, car loan demand fell by 9% in H1 2026 as average interest rates reached 24.4%.
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The Association of Financiers of Kazakhstan (AFK) released a review of the country's auto lending market for the first half of 2026, pointing to a noticeable decrease in consumer demand.
Demand for car loans fell by 9% in the first half of the year, contrasting with a 50% surge recorded during the same period a year earlier.
Concurrently, borrowing costs rose, with the average interest rate on auto loans increasing to 24.4%.
Source: Kursiv
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