National Bank of Kazakhstan Sets Rates on Deposits for Individuals
OREANDA-NEWS. On February 04, 2009 The National Bank of the Republic of Kazakhstan spread an information message of the following content, reported the press-centre of KASE:
In accordance with the decision of the Consultative council of Kazakhstan fund of guarantee of deposits (the Fund) and the decision of the Board of Directors of the Fund (protocol No. 2 dated 03.02.09) beginning February 16, 2009 the following interest rates will be set on newly attracted deposits of individuals:
- nominal interest rate on deposits in tenge - 13.5 % APR;
- nominal interest rate on deposits in foreign currency - 8.0 % APR.
The interest rates are effective till the end of 2009 with the right of quarterly revision, and in case of sharp change of the situation on the deposit market on initiative of any bank-participant or the Board of Directors of the Fund.
Комментарии