Company: FRHC
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0000924805-25-000002
Chunk: 213

Company: Freedom Holding Corp.
Filing Date: 2025-02-07
Form: 10-Q
Item: Part I, Item 8
Chunk 213
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TotalMortgage loans$2,133 $1,069 $1,419 $736,691 $741,312 Car loans2,167 1,655 10,157 248,729 262,708 Uncollateralized bank customer loans3,576 2,211 8,853 230,548 245,188 Right of claim for purchased retail loans— — — 146,152 146,152 Collateralized bank customer loans— 89 87 22,123 22,299 Subordinated loan— — — 5,037 5,037 Other— — 9 2,629 2,638 Total$7,876 $5,024 $20,525 $1,391,909 $1,425,334 The activity in the allowance for credit losses for the three months ended December 31, 2024 and 2023 is summarized in the following tables.

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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)

Allowance for credit lossesMortgage loanUncollateralized bank customer loansCollateralized bank customer loansCar loansRight of claim for purchased retail loansOtherTotalMarch 31, 2024$(3,033)$(19,636)$(80)$(14,262)$(6,577)$(31)$(43,619)Charges(6,258)(28,099)(3,437)(4,086)(9,335)(22)(51,237)Recoveries1,089 5,257 53 5,506 5,216 — 17,121 Write off— 12,838 4 2,713 — 32 15,587 Forex560 2,852 153 1,927 59 — 5,551 December 31, 2024$(7,642)$(26,788)$(3,307)$(8,202)$(10,637)$(21)$(56,597)Allowance for credit lossesMortgage loanUncollateralized bank customer loansCollateralized bank customer loansCar loansRight of claim for purchased retail loansOtherTotalMarch 31,