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The retail deposit portfolio reduced by 280 billion tenge over the month

The portfolio of retail deposits shrank by 280.5 billion tenge in April, Ranking.kz reports. The decline is being observed for the second month in a row. As a result, as of May 1 of this year, the volume of retail deposits in second-tier banks of the Republic of Kazakhstan amounted to 12.83 trillion tenge.
The retail deposit portfolio reduced by 280 billion tenge over the month

9 out of 22 STBs were in the red in the monthly dynamics, and the portfolios of household deposits sank, among others, and 4 STBs in the top ten banks holding individual deposits. Against the backdrop of a general decline in the sector, Kaspi became the absolute leader in terms of growth in household deposits: plus 120.1 billion tenge in April (+4.8%). Bank CenterCredit has the second result in terms of monthly growth: plus 47.6 billion tenge in April, up to 886 billion tenge by the beginning of May.

Unlike the first two leaders, the TOP-3 in terms of monthly growth in household deposits is closed by Freedom Finance Kazakhstan Bank, which is not among the ten largest banks in the sector. The financial institution increased its portfolio by 12.8 billion tenge per month, up to 62.5 billion tenge.

Source: http://ranking.kz/ru/a/infopovody/portfel-roznichnyh-vkladov-sokratilsya-za-mesyac-na-280-milliardov-tenge

Photos are from open sources.

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