Baku, Azerbaijan, May 31
By Ali Mustafayev – Trend:
The volume of deposits of residents in depository organizations of Kazakhstan amounted to 17 trillion tenge in April 2018, increasing by 1.4 percent, compared to the previous month, the press service of the National Bank of Kazakhstan said in a message.
Deposits of the country’s legal entities increased by 0.9 percent to 8.9 trillion tenge. Deposits of individuals, in turn, increased by 1.9 percent to 8.1 trillion tenge.
The volume of deposits in the national currency of Kazakhstan (tenge), in the mentioned period, decreased by 0.5 percent to 9.3 trillion tenge. Deposits in foreign currency increased by 3.8 percent to 7.6 trillion tenge. The level of dollarization in April amounted to 45 percent (in March - 44 percent).
Deposits of legal entities in national currency in April 2018 decreased by 2.5 percent to 5.2 trillion tenge. Deposits of legal entities in foreign currency increased by 6.2 percent to 3.6 trillion tenge (41.3 percent of legal entities' deposits). Deposits of individuals in tenge, in April 2018, increased by 2.1 percent to 4.1 trillion tenge, in foreign currency - by 1.7 percent to 4 trillion tenge.
The volume of term deposits amounted to 11.7 trillion tenge, increasing by 0.5 percent, compared to March 2018.
The average weighted interest rate on term deposits in the national currency of Kazakhstan’s non-bank legal entities increased by 7.3 percent, on deposits of individuals - 11.6 percent.
Exchange rate for May 31, 2018: $1 - 330 tenge
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