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Understanding deposit insurance
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Deposit insurance system member banks

Any bank licensed by the National (Central) Bank of the Republic of Kazakhstan to accept deposits from general public (private individuals), open and operate current and savings accounts shall become a member of the mandatory deposit insurance system. Any deposit shall be protected by KDIF regardless the offered interest rate or any other terms and conditions provided for in the bank deposit agreement


Please refer to Art. 61-1 of the Banking Law of the Republic of Kazakhstan, Art. 10 of the Deposit Insurance Law of the Republic of Kazakhstan

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