Almaty, 2 July 2025

Inflation in Kazakhstan remains at an elevated level — 11.3% by the end of June 2025. In these circumstances, it is important not only to preserve savings, but also to ensure their real growth. One of the most effective ways is short-term tenge deposits with high returns.

Therefore, Eurasian Bank offers new customers TURBO Deposit Saving for a period of 3 months. The product allows you to fix income at a high nominal rate of 17.64% (AERR 19%). Interest is accrued daily with capitalization, the minimum amount of placement is 1,000 tenge, and funds are placed without the possibility of replenishment or early withdrawal. All deposits are insured by the Kazakhstan Deposit Guarantee Fund – up to 20 million tenge per depositor.

The popularity of short-term deposits is explained by a number of reasons. Firstly, it is an opportunity to fix returns above the inflation rate without locking up funds for a long time. Secondly, such deposits provide flexibility: at the end of the term, funds can be redeemed at an updated rate, depending on the market situation. And finally, the customer gets full control over the money — the funds begin to generate income from the very first day and become available after 90 days.

“Against the background of persistent inflation and a high base rate, short-term deposits are becoming a reasonable choice in terms of both profitability and savings management,” comments Aleksandr Popov, Non-Credit Products Development Executive Director at Eurasian Bank. “TURBO Saving Deposit is a way to preserve the purchasing power of savings, fix income and, if necessary, quickly adapt to changes in the market.”

A simple calculation shows the efficiency of the product: when placing 1,000,000 tenge for 3 months at a rate of 17.64% (AERR 19%), the income will be about 44,800 tenge, and the total amount to be paid will be 1,044,800 tenge. At the same time, income is not taxed – the entire amount remains with the customer. For 5,000,000 tenge, under the same terms, the income will be about 224,000 tenge.

Short-term tenge deposits have become part of the new financial norm. This is a no compromise solution: high rate, short term and protection of savings in the range of 20 million tenge.

For more information about the terms of deposits, follow the link.