Company: FRHC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000924805-25-000041
Chunk: 91

Company: Freedom Holding Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 91
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 consisted of the following: Amount OutstandingDue DatesAverage Interest Rate Fair Value ofCollateralLoan Currency Mortgage loans$924,530 April 2025 - March 205011.4%$924,386 KZTLoans to SME244,217 April 2025 - February 203228.6%35,141 KZTRight of claim for purchased retail loans183,635 April 2025 - March 203015.0%183,635 KZTCar loans156,340 April 2025 - April 203224.2%155,320 KZTCorporate loans149,143 April 2025 - December 203119.1%92,739 KZTRetail loans4,847 September 2025 - March 204521.2%663 KZTOther7,838 April 2025 - September 202918.0%/12.70%/3.00%29 KZT/EUR/USDAllowance for loans issued(75,115)Total loans issued$1,595,435  Credit quality indicatorsFreedom Bank KZ uses a loan portfolio quality classification system that indicates signs of a significant increase in credit risk and contractual impairment, depending on the analysis of reasonable and supportable information available at the reporting date. The loan portfolio is classified into "not credit impaired," "with significant increase in credit risk" and "credit impaired" agreements.Loans "not credit impaired" under the agreement are serviced as usual, there are no primary signs of an increase in credit risk. Agreements classified as "with significant increase in credit risk" represent loans for which there is an increase in the credit risk expected over the life of the agreement compared to the initial risk at the date of recognition of the loan. In practice, the presence of overdue debt on principal and interest for a period of more than 30 days or the absolute probability of default threshold PD exceeds 20%. Agreements classified as "credit impaired" represent loans for which at the reporting date there are signs of impairment, the borrower has been in default for 90 or more days for individuals and 60 or more days for legal entities, the borrower for the last 6 months for individuals and 12 months for legal entities restructured the contract due to the deterioration of the financial condition, the borrower is recognized as credit impaired, the presence of a sign of default, a sign of bankruptcy, the deterioration of the financial performance of