2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
The economy of Kazakhstan is currently in a state of growth. Experts predict further growth in the standard of living in Kazakhstan. Therefore, such a way of additional income as a deposit can be very relevant and interesting.
Deposits of banks in Kazakhstan
The banking system in the country is well developed, so customers will be able to find a huge mass of offers on deposits. In what currency can funds be placed? Analyzing the offers of financial institutions, you can find options in the national currency tenge, Russian rubles, US dollars and euros.
Note that the state does not have such a huge number of banks as, for example, in Ukraine, but the country's financial system just benefits from this. At the end of 2014, 21 banks had valid licenses.
Deposits in tenge
Let's first consider the options in the Kazakh national currency. For example, deposits of Halyk Bank of Kazakhstan. The deposit "Halyk - universal" can be placed for 9 or 12 months. When placed for three quarters, the ratewill be 9.5% per annum. If you want to deposit funds for a year, you will receive an income of 10% upon closing the account. The minimum deposit amount is 75,000 tenge. Replenishment is possible. Interest will be paid at the end of the term.
Those who care about getting monthly income may be interested in the "People's - pension" option. Deposit term - from 6 to 12 months. The interest rate is the same as in the previous version (this is the standard for Kazakhstan), but interest capitalization is provided, so you can earn more than 10% per annum (approximately 10.5-10.6%).
USD deposits
Deposits of Kazakhstani banks in dollars are also attractive for everyone who wants to save their money and at the same time make good money. Bank "RBC" offers a currency deposit "For the future". What is interesting in it? The minimum deposit amount is $100. You can deposit money for a period of 1 to 3 years. Based on the high level of reliability of the banking system, such long-term deposits are very popular among the population. The interest rate is 3% per annum. The bank makes it possible to replenish the deposit during the term, as well as withdraw funds up to a certain level without losing accrued interest.
Bank "Alfa" also accepts deposits in dollars. The interest rate under the terms of the Alfa-Progress deposit depends on the period for which the client places his funds. Money can be deposited for 12, 18, 24 months. The rate ranges from 2, 3 to 3% per annum. Byconditions, capitalization of interest occurs. The first installment is only $100.
Deposits in rubles
Favorable deposits of banks of Kazakhstan in rubles are of interest to thousands of customers. We will satisfy their curiosity. Let's take the same Alfa-Progress, its ruble version. Perhaps the interest rate of 3% per annum is not so high, but if the purpose of the deposit is not so much to earn money as to save money, then this is ideal.
What else is interesting on the Kazakh market? The Kazakh branch of "VTB" offers a "Savings" deposit. Under its terms, the client can receive interest on a monthly basis. The term of the deposit is also large (from 3 months to 3 years). The longer the money is on the account, the more income the client will receive (from 1.5 to 3% per annum). Interest capitalization is provided.
Euro is a great option for earning money
The bank allows you to place the same deposit in euros. All conditions coincide with the ruble option. "Asia Credit Bank" has developed a "Multicurrency" deposit. You can place funds only for 24 months at 2.5 per annum. The advantage of the deposit is that it can be transferred to another currency at any time. The minimum amount for placement is 600 euros. Interest is calculated monthly, adding it to the deposit amount.
Conclusion
Deposits of banks in Kazakhstan are very profitable options for placing your own funds.
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