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The retail deposits in Kazakhstani banks have increased by 3.6% over the month

The residents' deposits in depository institutions as of end of December 2020 form KZT 22,089.7 billion, having increased by 0.7% over the month. The legal entities’ deposits have decreased by 2%over the month, retail deposits by 3.6% to KZT 10,792.1 billion, the press service of the National Bank reports.
The retail deposits in Kazakhstani banks have increased by 3.6% over the month

The volume of deposits in national currency for the month has grown by 4.0% to KZT13,855.7 billion, foreign currency deposits has dropped by 4.5% to KZT8,234 billion. As of end of December 2020, the dollarization level was 37.3% (in December 2019 - 43.1%).

The retail deposits in tenge increased by 7.1% to 6,650.7 billion tenge, in foreign currency decreased by 1.5% to 4,141.4 billion tenge (38.4% of retail deposits).

The term deposits amount to 15,279.6 billion tenge having increased by 3.7% over the month. The national currency deposits made 9,496.8 billion tenge, foreign currency deposits - 5,782.9 billion tenge.

The weighted average interest rate on term deposits in national currency of non-bank legal entities was 7.3% (in December 2019 - 7.4%), on deposits of individuals - 9.2% (9%).

Source: https://nationalbank.kz/ru/news/press-relizy/10738

Photos are from open sources.

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