The total volume of deposits in Kazakhstan's banking system as of early November 2025 amounted to 44.52 trillion tenge (approximately $90.8 billion). Year-on-year, this figure demonstrated a robust 15% growth, Forbes.kz reports, citing the National Bank of Kazakhstan.
The retail sector was the main driver of savings: household deposits increased by 17.6%, reaching 24.64 trillion tenge (almost $50.3 billion). Corporate deposits also showed positive dynamics, increasing by 12% to 19.87 trillion tenge ($40.5 billion).
The following trends are observed in the savings structure:
Dominance of the national currency: Tenge deposits grew by 19.4%, reaching 35.19 trillion tenge ($71.8 billion).
Stagnation in foreign currency accounts: Foreign currency deposits increased by only 1%, reaching 9.32 trillion tenge ($19 billion).
Record growth: The volume of transferable tenge deposits from individuals jumped by 31% year-on-year.
Declining interest in foreign currency: In the last month alone, funds in foreign currency accounts decreased by 2.5%.
Experts note that overall deposit volumes increased by 0.3% over the month. Legal entities, however, maintained their positions virtually unchanged, while household activity contributed to a 0.5% increase.
CentralasianLIGHT.org
January 20, 2026