From 20 August 2019, the rates in euro for newly attracted and extended TURBO Deposit and cancelled deposits change
See changes in the Table below.
For the TURBO Deposit deposit:
Nominal interest rate, % per annum
Maximal effective interest rates, % per annum*
Terms
EUR
EUR
3 months
0,01
0,0
6 months
0,01
0,0
9 months
0,01
0,0
12 months
0,01
0,0
18 months
0,01
0,0
24 months
0,01
0,0
36 months
0,01
0,0
For cancelled deposit types Kazyna Premium (all sub-types, including Type No. 1 and Type No. 2), Eurasian Pensionary, Personal Account, Eurasian, Eurasian Saving, Pensionary, Eurasian VIP, VIP, VIP Package No. 1, VIP Package No. 2, Children’s and Eurasian Children’s, Kazyna, Kazyna Package No. 1, Kazyna Package No. 2:
Nominal interest rate, % per annum
Maximal effective interest rates, % per annum*
Terms
EUR
EUR
All terms
0,01
0,0
* at a 0.01% nominal interest rate, the annual effective interest rate shall be 0.01%. In accordance with Clause 17 of the Order of the Management Board of the National Bank of the Republic of Kazakhstan dated 26 March 2012 No. 137 On approving the Rules for calculating interest rates in a reliable, annual, effective, comparable calculation (real value) for loans and deposits, if at calculation of the annual effective interest rate, the number received has more than one decimal place, it should be rounded to the nearest tenth as follows:
1) if the hundredth fraction is more than or equal to 5, the tenth fraction shall increase by 1, all the signs following it shall be excluded;
2) if the hundredth fraction is less than 5, the tenth fraction shall remain unchanged, all the signs following it shall be excluded.