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Photo by Yaroslav Radlovskiy© Maximum interest rates on deposits cut in Kazakhstan on July 1 Kazakhstan Deposit Guarantee Fund decreased maximum interest rates on bank deposits for individuals starting from July 1.
02 July 2012
©REUTERS State educational deposits system may be launched in Kazakhstan in 2012 The system’s mechanism and draft law are being prepared in Kazakhstan: Education Ministry.
21 February 2012
©REUTERS Individual retail deposit amount guaranteed by the state reaffirmed for 2012 This measures means that in case of a bank winding-up the Deposit Guarantee Fund (owned by the National Bank of Kazakhstan) will compensate each individual depositor for the lost savings within KZT 5 million.
09 January 2012
Photo courtesy of pm.kz Majority of Kazakhstan residents willing to save money with the state A majority of Kazakhstan residents are ready to participate in state educational deposits systems.
27 September 2011
Photo courtesy of mn.ru Educational loans system to be developed in Kazakhstan It is important to create legal conditions for development of the system of guaranteed educational loans: Nursultan Nazarbayev.
01 September 2011
National Bank. ©Yaroslav Radlovsky National Bank suspends licenses of three banks for some banking operations Senim bank, TAIB Kazakhstan, Credit Altyn and Al Hilal, first Islamic bank in Kazakhstan had their licenses suspended for three months.
11 August 2011
©RIA Novosti Labor Ministry rejects suggestion to open a deposit worth $1000 for every newly born baby The state had better take some measures to protect the nation against slump of prices [for commodities that ensure most of the budget revenues]: Labor Ministry.
10 August 2011
Gregory Marchenko. By Vladimir Dmitriev © Individual retail deposit amount guaranteed by the state to remain intact: Central Bank Chairman Starting from 2012 the amount was to be reduced from KZT 5 million ($34.2 thousand) to KZT 1 million ($6.8 thousand).
05 July 2011
National Bank. ©Vladimir Dmitryev National Bank to make suggestions on deposit insurance scheme for individuals Kazakhstan had reinforced its deposit insurance scheme by increasing the individual retail deposit amount guaranteed by the state to KZT 5 million ($34.2 thousand) from KZT 700 thousand ($4.7 thousand) late 2008.
16 June 2011
Kazakhstan youth does not believe in promises of Education Ministry. Photo courtesy of kp.ru Kazakhstan youth does not trust educational deposits Kazakhstan youth organizations do not trust educational deposits system and keep collecting signatures against the innovation.
04 June 2011
©Aizhan Tugelbayeva Kazakhstan young people against educational deposits Kazakhstan youth organizations disagree with the Education Ministry's decision to introduce educational deposits.
02 May 2011
Bakytzhan Zhumagulov. Photo by Yaroslav Radlovskiy© Educational deposits to appear in Kazakhstan by 2015 Educational accounts will let parents save up for their children's education in Kazakhstan. They won't be able to cash out the accounts. The fund will be directly transferred from the bank to the university of choice.
25 April 2011
By Yaroslav Radlovsky © Banks assets stand at $84.6 billion as of April 1 Total deposits grew 3.9% in March, making up $49.5 billion, with 67.8% being deposits of legal entities.
25 April 2011
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