Which banks in Kazakhstan are leading in the growth of their deposit portfolios? This news generated significant interest among readers of the business information center Kapital.kz last week. It is noteworthy that the total amount of deposits from individuals and legal entities in Kazakhstan's second-tier banks reached 39.77 trillion tenge by the end of November 2024, which is an increase of 1.2% or 459.46 billion tenge compared to October 2024. The top 10 banks with the highest growth in deposit volumes by the end of November include: Bank CentrCredit, Bank RBK, and Eurasian Bank. You can find the complete list by following this link.
In second place is the news about monitoring mobile transfers. Dina Kussainova, head of the personal income administration department at the State Revenue Committee, reported that in 2023, the volume of mobile transfers in Kazakhstan reached nearly 80 trillion tenge. “The control focuses on those (entrepreneurs - Ed.) who receive (payments - Ed.) through mobile transfers and underreport their income. Entrepreneurs who refuse to accept payments using payment cards face administrative penalties. The first step is a warning, and for repeated violations, the fine will be 40 monthly calculation indicators or 157,280 tenge,” she noted. The head of the department reminded that the criterion for inspection is receiving funds from 100 or more different individuals into a bank account not intended for entrepreneurial activities within each of three consecutive calendar months.