The average monthly salary in Kazakhstan increases by 15.6% to KZT143,600 in 2Q2016. Prices of goods and services increased by 16.8% with food prices increasing by 27.4% 26 September 2016
Retail services increase by KZT78bn year on year in 2Q2016. The share of services to the population in total services exceeds 16%. Legal entities are main suppliers of services to the population 19 September 2016
Commercial banks earned KZT39.3bn in July. The sector’s total profits exceeded KZT240bn since the beginning of the year. The Development Bank of Kazakhstan made net profits of KZT7.4bn 13 September 2016
Foreigners are actively investing in the Kazakh economy with a 25% growth year on year in January-July mainly thanks to investment volumes in March and April. The share of foreign investment in total investment remains stable and significant, and stays within 20 - 50% zone for the past 2.5 years 08 September 2016
Competition on the credit market in Kazakhstan is falling as 10 largest banks continue to account for over 80% of the market. However, Kazakhstan’s credit system is more competitive than in its partners in the EEU – Russia and Belarus 31 August 2016
The credit system continues recovery following the January drop: since the beginning of the year the monthly volume of loans to the economy jumped by 65.6%. Yet, the volume of new loans is falling – commercial banks issued only KZT6.6 of new loans per KZT100 of their portfolios 18 August 2016
Kazakh property prices go up in June. The price of new housing go up in 12 cities but this doesn’t stop buyers 16 August 2016
Kazakhstan has legalised shadow money worth over KZT1tn. Since the beginning of 2016 the average account opened for legalisation purposes exceeded KZT500m. Almaty accounts for over 85% of all legalised money 08 August 2016
The number of active bank cards has been falling the sixth month in a row in Kazakhstan as banks has lost over 2m cards since the beginning of the year. The number of cards per holder reached the lowest point since the beginning of 2014. Visa retained leadership among card payment system with a market share of 74.6%. Almaty’s share in the total number of bank cards exceeds 34% 05 August 2016
