Kazakhstan: Credit Rates Decrease Timeline Explained by National Bank Head
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Timur Suleimenov, the Chairman of Kazakhstan's National Bank, has clarified why credit rates haven't decreased immediately following the base rate reduction. He explained that monetary policy has a time lag of 9 to 12 months, and banks won't rewrite existing loan agreements until they mature. However, Suleimenov noted that the average loan rate has decreased by approximately 1 percentage point since the beginning of the year, indicating a trend towards cheaper loans. He expects further decreases, but rates will depend on individual clients' creditworthiness and won't match the base rate.
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Когда в Казахстане подешевеют кредиты, рассказал глава Нацбанка Предсе...
🏦 Почему кредиты в Казахстане не дешевеют сразу вслед за базовой ставк...
Что будет с кредитами и депозитами после решения Нацбанка, рассказали...
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