By May, the volume of retail deposits in Kazakhstani banks has amounted to 9.87 trillion tenge, which is 0.3% less than a month earlier. Only three financial institutions out of ten the largest banks, holders of household deposits, are with a gain, F...
The national currency weakening by 18% led to total tenge deposit base growth by 7.6% per month and deposit dollarization increase from 41.9% to 46.7%, reports Halyk Finance....
Acquiring a life insurance policy is one of the most important decisions that will have an impact on you decades later. Let us talk about why you need to buy such a policy....
As of end of March 2020, the pension assets of UAPF amounted to about 11.7 trillion tenge, writes Ranking.kz....
The COVID-19 pandemic has significantly staggered the country's economy over the past two months. The collapse of oil prices to a negative mark, temporary suspension of work in all sectors and uncertain situation of tenge in the foreign exchange mark...
Nur-Sultan and Almaty (two the most business active cities of the country) have been in self-isolation mode for over a month: most of the industries are not working, business life has gone online. After the COVID-19 outbreak in the regions, the quara...
Kazakhstan has developed a special insurance program against coronavirus Corona Protect. You can apply for a policy on the Freedom Finance Life website starting from April 2020....
Human life is the greatest value. Voluntary or compulsory insurance are not only a lifesaver for loved ones, in case of accident they are also an investment in the future. A policyholder gets a number of additional benefits and opportunities. The fol...
The volume of premiums collected on voluntary personal health insurance in January amounted to 7.6 billion tenge, the highest figure for this period, according to the study by Ranking.kz. Growth for the year reached 15.4%....
The press service of the Unified Accumulative Pension Fund published the work results as of first month of 2020. According to UAPF, as of February 1 there is a positive growth dynamics for all the main indicators in comparison with the same period la...
Affluent Kazakhstanis are paying more and more attention to insurance products which, according to the two-in-one principle, contain both insurance coverage and investment income, Forbes writes....
174 thousand people have not applied for pension payments from UAPF upon their retirement, the organization’s press service reports....
The working group developing the measures for further improvement of the pension system, chaired by the Deputy Prime Minister Berdibek Saparbayev, has completed its work. The government authority representatives are now collecting all the proposals, ...
Various proposals on reforming the pension system of the Republic of Kazakhstan have been heatedly discussed recently. The Singaporean model is most often mentioned as an example of savings and their use. One of the advantages of the Singaporean mode...
Lately it has become unprofitable for Russian banks to sink raised funds in euros due to negative rates in the EU. Market participants asked the Central Bank to allow them to introduce negative rates on foreign currency deposits a month ago. Without ...
AlfaStrakhovanie-Zhizn launched an updated foreign exchange investment life insurance program for experienced investors based on the strategy High-Tech Companies, the Insurance News Agency reports....
LS editors calculated how many years it takes for Kazakhstanis to save in a pension fund in order to save up for an apartment....
The pension savings of people in Kazakhstan by the end of July 2019 have exceeded 10 trillion tenge, the analytical website Finprom.kz reports....
The experts of life insurance company Freedom Finance Life learned how often and for which countries Kazakhstanis buy travel insurance....
A new coupon product of investment life insurance “Smart Investments” built on the work of artificial intelligence has become available for the clients of Otkrytie Bank’s private segment, the RBK website reports....
