Company: FRHC
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000924805-25-000031
Chunk: 191

Company: Freedom Holding Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 191
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635, respectively.The total accrued interest for loans issued amounted to $15,275 as of June 30, 2025 and $13,385 as of March 31, 2025. Loans issued as of March 31, 2025, consisted of the following: Amount OutstandingDue DatesAverage Interest Rate Fair Value ofCollateralLoan Currency Mortgage loans$924,530 April 2025 - March 205011.4%$924,386 KZTUncollateralized bank customer loans249,448 April 2025 - March 204528.1%— 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 KZTCollateralized bank customer loans148,759 April 2025 - July 204319.6%128,543 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.

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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)

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