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Deposit Insurance
JSC Bank CenterCredit is a member of the mandatory collective retail deposit guaranteeing (insurance) system of the Republic of Kazakhstan.
The following deposits shall be subject to insurance:
- Term deposits, demand deposits, contingent deposits;
- Money in current accounts and payment cards.
The state insurance coverage for all deposits and bank accounts per depositor in each of the banks is as follows:
- up to KZT 20 million - for domestic currency savings deposits,
- up to KZT 10 million - for domestic currency deposits,
- up to KZT 5 million - for foreign currency deposits (in equivalent, at the exchange rate established on the date of entry into legal force of the court decision on forced liquidation of the member bank).
If a depositor has 2 or more deposits placed in one bank both in KZT and foreign currency, the insurance coverage is paid up to KZT 20 million.
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