Company: FRHC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000924805-25-000041
Chunk: 234

Company: Freedom Holding Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 234
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 and statistical data, the Group recorded an allowance for brokerage receivables in the amounts of $16,637 and $19,256, respectively.

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Table of ContentsFREEDOM HOLDING CORP.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)(All amounts in thousands of United States dollars, except share data, unless otherwise stated)

NOTE 7 – LOANS ISSUED

Loans issued as of September 30, 2025, consisted of the following:Amount OutstandingDue DatesAverage Interest Rate Fair Value ofCollateralLoan Currency Mortgage loans$961,474  October 2025 - May 2051 12.0%$961,381 KZTCorporate loans243,036 October 2025 - September 2035 17.1%185,550 KZTRight of claim for purchased retail loans234,754 October 2025 - May 2031 15.0%234,754 KZTLoans to SME226,714  October 2025 - June 2032 29.5%30,484 KZTCar loans147,884  October 2025 - September 2032 24.2%145,926 KZTRetail loans9,652 October 2025 - July 2045 29.4%1,154 KZTOther9,066  October 2025 - May 2030 3.0%/ 18.0%15 USD/KZT//EURAllowance for loans issued(82,005)Total loans issued$1,750,575 The Group provides mortgage loans to borrowers on behalf of the JSC Kazakhstan Sustainability Fund ("Program Operator") related to the state mortgage program "7-20-25" and transfers the rights of claim on the mortgage loans to the Program Operator. The proceeds received from these transfers are presented within funds received under state program for financing of mortgage loans in the Condensed Consolidated Statements of Cash Flows. Under this program, borrowers can receive a mortgage at an interest rate of 7% subject to not less than 20% down payment, for 25 years, and the interest payments received by the Group are recognized as interest income in the Group's Condensed Consolidated Statements of Operations and Statements of Other Comprehensive Income. In accordance with the program and trust management agreement for the program, Group services the transferred