News about deposits
Kazakhstan adopts state-supported education deposits
Depositing a certain amount in the name of their child, parents enjoy both the bank’s interest and a special premium from the government.
15 January 2013 13:01
Japan to survey Pacific seabed for rare earth
Japan will launch a survey of its Pacific seabed, an official said Thursday, hoping to find rare earth deposits large enough to supply its high-tech industries and reduce its dependence on China.
11 January 2013 10:05
Zinc hungry China asks Canada to back giant mine
With zinc sources drying up and demand forecast to surge, resource hungry China is looking to Canada to approve two giant mines and close the gap -- but environmentalists and roving caribou stand in the way.
07 January 2013 15:58
Majilis approved law on state educational deposits
Kazakhstan Majilis approved a law to introduce a state educational deposits system in Kazakhstan.
28 November 2012 12:21
Kazakhstan residents have almost $32 billion on bank deposits
A majority of the deposits is registered in Almaty: over 2.1 trillion tenge ($14 billion) or 45 percent of the total amount.
02 October 2012 14:14
Popigai: Russia's vast, untouched diamond crater
In the far north of Siberia, Russian scientists have stepped up research on a once-secret deposit of diamonds whose scale dwarfs anything ever discovered and could turn world markets "upside down".
19 September 2012 13:17
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 15:20
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 17:30
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 10:04
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 12:26
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 18:34
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 01:13
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 23:02
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 15:33
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 02:08
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 17:48
Kazakhstan young people against educational deposits
Kazakhstan youth organizations disagree with the Education Ministry's decision to introduce educational deposits.
02 May 2011 13:42
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 19:23
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 14:58
