Financial market condition of the region as of June 1, 2020

   Bank of the Republic of Kazakhstan

           PRESS RELEASE No. 6

                  July 09, 2020

 

 

 

 

 

 

 

 

Financial market condition of

the region as of June 1, 2020

 

Inflation. According to official data of the Department of Statistics for the Atyrau region, the consumer price index in May 2020 compared to April 2020 amounted to 100.5%. The consumer price index for food products was at the level of 101.5%, for non-food products - 100.2% and for paid services - 99.5%.

In May 2020 versus May 2019, the consumer price index was 106.5%.

Banking sector of the region. As of June 1, 2020, 21* branches, 57 separate premises, 74 exchange offices of second-tier banks functioned in the region.

Credit market of the region. In January-May 2020, branches of STBs of the region issued loans in the amount of 146.5 billion tenge, which is 4.8% or 7.4 billion tenge less than in January-May 2019.

At the same time, the issuance of loans to legal entities increased by 9.9% to 70.4 billion tenge, and to individuals decreased by 15.3% to 76.1 billion tenge.

Issuance of loans in national currency decreased by 6.0% to 139.4 billion tenge, in foreign currency increased - by 26.6% to 7.1 billion tenge.

In January-May 2020, loans in the amount of 11.1 billion tenge were issued to small businesses, which is 43.0% less than in January-May 2019.

For consumer purposes, citizens were issued 60.8 billion tenge in January-May 2020, which is 21.1% less than in January-May 2019. At the same time, the share of consumer loans in the total volume of lending is 41.5%.

Mortgage loans issued to the population in January-May 2020 amounted to 6.9 billion tenge, a decrease of 17.2% compared to the same period in 2019.

As of June 1, 2020, the debt on loans issued by branches of banks in the region amounted to 485.2 billion tenge, an increase of 21.3% compared to June 1, 2019. The debt of individuals in the region as of June 1 of this year increased by 25.7% compared to the corresponding date of the previous year and amounted to 308.6 billion tenge, legal entities increased by 14.3%, amounting to 176.6 billion tenge.

*Including branches of Kazinvestbank JSC, Qazaq Bank JSC, Bank of Astana JSC are in the process of liquidation.

The debt of the population on mortgage loans as of June 1, 2020 amounted to 56.1 billion tenge, an increase of 20.2% compared to June 1, 2019.

The loan debt of small businesses as of June 1 of this year, compared to the corresponding date in 2019, decreased by 1.9% and amounted to 42.9 billion tenge.

The volume of overdue debt on loans as of June 1, 2020 compared to June 1, 2019 increased by 3.5% and amounted to 32.4 billion tenge. At the same time, the share of overdue debts of legal entities in the total amounted to 66.0%, individuals - 34.0%.

Deposit market of the region. In May 2020, branches of second-tier banks attracted deposits totaling 598.8 billion tenge, which is 8.7% more than in April 2020. At the same time, 31.2 billion tenge of deposits were attracted from individuals (a decrease by 14.6% compared to April 2020), from legal entities - 567.6 billion tenge (an increase of 10.3%).

Balances on deposits in branches of second-tier banks as of June 1, 2020 compared to June 1, 2019 increased by 15.4% and reached 371.6 billion tenge. At the same time, the balance of funds on deposits of individuals increased by 1.2%, and legal entities - by 47.6%. As of the indicated date, in the total amount of deposits of the region, the share of individuals was 60.9% (226.3 billion tenge), legal entities - 39.1% (145.3 billion tenge).

As of June 1, 2020, the share of deposits in the national currency amounted to 52.5% or 195.1 billion tenge, in foreign currency - 47.5% or 176.5 billion tenge.

As of June 1, the weighted average interest rate on deposits in national currency was 8.2%, in foreign currency - 0.9%.

Foreign exchange market of the region. As of June 1, 2020, in the territory of the region, exchange operations with foreign currency in cash were carried out by 106 exchange offices, of which 74 were authorized banks, 15 were branches of Kazpost JSC and 17 were authorized organizations.

In January-May 2020, the exchange offices of the region purchased 35.6 million US dollars from the population, which is 11.3% less than the corresponding indicator in 2019. Also bought 1.3 million euros (decrease by 40.2%), 406.5 million Russian. rubles (decrease by 28.9%).

In January-May 2020, exchange offices of the region sold 107.9 million US dollars to the population, compared to January-May 2019, a decrease of 30.7%. In addition, 4.1 million euros (a decrease of 54.6%), 1104.4 million Russian rubles were sold to the population. rubles (decrease by 43.5%).

In May 2020, the weighted average buying and selling rates were respectively 417.59 and 422.70 tenge per 1 US dollar, 457.07 and 463.23 tenge per 1 euro, 5.73 and 5.87 tenge per 1 Russian ruble.

Volumes and balances of funds on current accounts. In January-May 2020, the volume of funds received on current accounts of bank customers amounted to 6,858.8 billion tenge, which is 18.1% more compared to January-May 2019.

At the same time, over five months, funds in the amount of 834.4 billion tenge were received on the accounts of individuals, which is 36.5% more than in January-May 2019.

As of June 1, 2020, the balances on current accounts of clients in the branches of STBs decreased by 9.5% compared to the corresponding date in 2019 and amounted to 193.1 billion tenge. At the same time, there is an increase in the accounts of individuals by 37.7% to 35.5 billion tenge, balances in the accounts of legal entities decreased by 16.0% and amounted to 157.6 billion tenge.

Use of payment cards. As of June 1, 2020, the number of payment cards in circulation in the region is 1,668.7 thousand units (as of June 1, 2019 - 793.7 thousand units), the number of cardholders is 1373.9 thousand people (as of June 1 of the last years - 642.1 thousand people). There are 607 ATMs and 5104 POS-terminals in the region.

In January-May 2020, 32,551.7 thousand transactions were made on non-cash payments using payment cards (an increase of 6.9 times compared to January-May 2019) in the amount of 437.1 billion tenge (an increase of 5. 7 times).

In January-May 2020, 5,617.5 thousand transactions were made to withdraw cash from the card account (decrease by 8.5% compared to January-May 2019) in the amount of 287.3 billion tenge (decrease by 0, 7%).