From 20 September 2019, the rates in euro for newly attracted Demand deposits change
See changes in the Table below.
Nominal rate of return, % per annum
Maximal effective interest rates, % per annum*
EUR
EUR
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.