Baku, Azerbaijan, Aug. 6
By Elena Kosolapova - Trend:
In Kazakhstan, retail deposits market wins back positions for the second month in a row, the analytical service Ranking.kz said August 6.
After the loss of 140 billion tenge (187.65 tenge = $1) in January-April, the portfolio deposits of the population increased in May by 11.5 billion tenge, in June - 54.5 billion tenge.
At the end of June, the total retail deposits volume in banks amounted to 4.37 trillion tenge against 4.31 trillion a month earlier.
If current growth rates remain the same, the deposit portfolio of individuals can reach the absolute maximum level recorded in July 2014, which is 4.45 trillion tenge.
In the reporting period, some 24 banks of 35 ones gained profit.
The Tsesnabank, Halyk Bank and ATF Bank form three leaders of the absolute increase with a noticeable margin.
The Tsesnabank has the largest increase in retail deposits in June. The portfolio of the bank grew by 15.9 billion tenge to 273.6 billion tenge. The share of the player on the market has increased by 0.3 percent to 6.3 percent.
Halyk Bank takes the second place. The volume of deposits of individuals has increased by 12.5 billion tenge to 835.4 billion tenge. The share of the financial institution on the market slightly increased - from 19 percent to 19.1 percent.
ATF Bank also significantly strengthens its positions. Its portfolio of retail deposits grew by 9.6 billion tenge to 239.1 billion tenge. The bank's share on the market has increased by 0.2 percent to 5.5 percent.
Edited by CN
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