Kazakhstanis Opt for Fixed and Savings Deposits for Higher Yields
Summary
The share of term and savings deposits in tenge has reached 74% in Kazakhstan.
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Retail depositors in Kazakhstan are increasingly choosing term and savings deposit accounts with stricter withdrawal conditions to secure higher interest rates.
According to market data, the combined share of tenge-denominated term and savings deposits has reached 74%. This trend reflects depositors' focus on maximizing yields offered on less liquid bank savings products.
Source: Kapital.kz
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