PremiumDeposits outflow from top ten commercial banks registered in Kazakhstan

Astana, Kazakhstan, Sept. 8

By Daniyar Mukhtarov - Trend:

An outflow of deposits from the top ten commercial banks was registered in Kazakhstan, stated Ranking.kz analytical services Sept.8.

"In July of this year, there is no bank of the top ten among the three largest capital formations on the deposit market of Kazakhstan. As a result, the deposit portfolio of Kazakh banks grew by only 0.4 percent. For comparison, in June 2014 the growth of the deposit portfolio of banks amounted to 3.14 percent," the statement said.

The report notes that in July 2014 the amount of deposits in banks of Kazakhstan increased by 40 billion tenge - up to 11.3 trillion tenge ($ 1 = 182 m).

"The increase in the portfolio of deposits was registered in the 24 banks of Kazakhstan. The largest gains on the portfolio of deposits are provided by Qazaq Banki - 28.6 billion tenge. The bank rose from 24^th to 21^st place in deposits ranking for the month. The total amount of deposits was 88. 1 billion tenge," the statement said.

Bank RBK increased deposit portfolio by 28.5 billion tenge. Bank's share on the market increased from 2.3 to 2.5 percent. The bank occupies 11^th place in the sector (287.9 billion tenge) on the scale of the deposit portfolio.

Bank RBS wraps up the three leaders of the absolute growth of deposits. In July, its increase amounted to 18.7 billion tenge. Deposit portfolio of the bank exceeded 65 billion tenge. The bank rose in the ranking from 26^th to 24^th place on the deposit market (market share - 0.57 percent) due to the large increase," the statement said.