Astana, Kazakhstan, Nov. 7
By Daniar Mukhtarov - Trend:
In 10 regions of Kazakhstan, the wage laborers' consumer debts to banks is on average equivalent to less than three months of average wages, according to a message from the analytical service Ranking.kz.
The message said that in particular, in Kazakhstan's Mangystau region, one wage laborer has on average a consumer loan equal to 2 months' salaries (the debt totals 475,400 KZT, or $2,627 on Nov. 7), with an average monthly salary of 237,000 KZT throughout the region.
In the Atyrau region, the weight of one wage laborer's consumer loan to the banks is equal to 1.9 of salary.
The lowest debt rate on average monthly salaries was recorded in the Almaty region (1.8 of salary). In the city of Almaty, on average, one wage laborer owes banks 9.2 average monthly salaries in the consumer segment.
The comfort level of Kazakh population's debt load stands at 5 average monthly salaries per one employee.
With such a volume, the consumer loans are repaid in two or 2.5 years at an annual interest rate of 20-23 percent.
During a period between August 2013 and August 2014 the consumer loans in Kazakhstan rose by 27.6 percent reaching 2.5 trillion KZT.
The share of overdue loans in the total amount of consumer loans remains at 10.4 percent.
Edited by CN
