Flash | 19 Aug 2026 09:38:15 ET │ 11 pages Kaspi.kz (KSPI.O) See Appendix A-1 for Analyst Certification, Important Disclosures and Research Analyst Affiliations Read-across for Kaspi from Halyk 2Q26 results CITI'S TAKE We provide a read-across for Kaspi from Halyk's recent 2Q26 results and management call. As Kazakhstan's leading bank, Halyk's trends may be relevant for Kaspi's Kazakhstan fintech business, an important part of its broader consumer ecosystem. Our recent Kaspi update: Kaspi.kz (KSPI.O): Raisi ...