Spread between loan and deposit rates in Kazakhstan may lead to contraction

07.10.2025

The Analytical Centre of the Association of Financiers of Kazakhstan (AFK) presents an overview of interest rates in the financial market of Kazakhstan as of October 1, 2025.

After setting a local maximum in the first quarter of 2025 (7.1%), the real rate in the economy smoothly declined by almost half, to 3.6%, amid...