By the end of July 2026, deposits held by Kazakhstanis in banks reached 30.4 trillion tenge, increasing by 1.29% or nearly 400 billion tenge over the month, reports infohub.kz.
According to the National Bank of Kazakhstan, time deposits account for the largest share of savings. In national currency, their volume grew by 2.38% to 19.44 trillion tenge, while foreign currency time deposits decreased by 1.92% to 4.7 trillion tenge.
Savings deposits in tenge increased by 2.88% to 2.58 trillion tenge. Meanwhile, foreign currency savings deposits plummeted by 5.93% to 27.4 billion tenge.
Funds in current accounts and demand deposits in national currency decreased by 1.53% to 2.51 trillion tenge. Balances on similar foreign currency accounts and deposits fell by 0.42% to 1.13 trillion tenge.
The smallest segment remains conditional deposits. Their volume in tenge grew by 2.9% to 7.5 billion tenge, while in foreign currency it decreased by 1.45% to 68 million tenge.
The National Bank accounts for funds of individuals, both residents and non-residents. Money can be withdrawn from time deposits, but with a partial loss of interest, while savings deposits have stricter withdrawal conditions.
From current accounts and demand deposits, funds can be withdrawn and transferred at any time without losing the minimum accrued interest, while withdrawal from conditional deposits is only possible when certain circumstances stipulated in the contract occur.
Earlier, Kursiv reported on which deposits in Kazakhstan have become less profitable.