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The most profitable deposits in Kazakhstan named

Kazakhstan Deposit Insurance Fund announced the approval of the maximum recommended rates for tenge deposits for April 2021.
The most profitable deposits in Kazakhstan named

The most profitable (14%) are savings deposits without the right of replenishment for a period of 12 months. Beside the high rate, there is an increased guarantee amount for savings deposits in tenge of 15 million tenge.

The maximum rates on short-term deposits also remain at the level of the previous month due to the fact that in February 2021 the value of the base rate of the National Bank of Kazakhstan, on which they depend, has not been revised.

The rates on term deposits, which depend on the market rate, remain unchanged due to the absence of a pronounced tendency to change the rates offered by banks on the corresponding products on a systemic level.

Photos are from open sources.

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