Main part
As it was told above, to each market of any state the features proceeding from practice and conditions of its functioning are characteristic. The structure of the deposit market of Kazakhstan can be presented from the point of view of institutes and from a point of sight of financial instruments of the market.
The institutional structure is a network of regulators of supervision and direct participants - managing subjects. As financial institutions in the deposit market the organizations attracting deposits for implementation on their basis of the activity act. National bank of the republic, being the top link of credit system of RK, regulates activity of commercial banks and specialized credit institutions. At the same time body of state regulation of all financial market of the country, so and deposit, regulation RK Agency and supervision of the financial market and the financial organizations acts.
Depending on the institutes operating in the deposit market, the structure of the last is presented in figure 9.
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Национальный банк РК
Агентство РК по регулированию и надзору финансового рынка и финансовых организаций
Система страхования депозитов (ССД) (33 банка)
Сберегательно-депозитные учреждения, не входящие в ССД
Коммерческие банки -участники системы
Коммерческие банки
АО «Каз-
почта»
Пенсионные фонды
Fig. 9. Institutional structure of the rk deposit market
Since 2000 the Kazakhstan fund of guaranteeing deposits of individuals works. His only founder and the shareholder - the RK National bank.
Today the fund functions within the rules approved by the resolution of board of the RK National bank. According to these rules banks of the second level which have to answer the certain indispensable conditions, established NBRK can be participants of system. In more detail the system of insurance of deposits will be considered in the following paragraph.
It is natural that as the main deposit institutes in the market commercial banks act. They carry out the activity for 80% at the expense of the attracted resources which most part is made by deposits of physical and legal entities. However it is impossible to expel from system of the deposit market and specialized deposit institutes - the steam banking system organizations.
The savings and deposit establishments which aren't entering into system of insurance of deposits also attract population deposits for the purpose of obtaining a certain income, accumulating them and sending to different investments. They play an important role in the deposit market. For example, voluntary deposits of citizens to accumulative pension funds. These accumulations are additional provision of pensions.
As it was already considered in the previous paragraph, there is a set of types of deposits. Each institute within the legislation has the right to define independently conditions of attracted deposits on which can depend and their volume. In the Kazakhstan deposit market exist urgent, savings and deposits poste restante. In figure 10 the main tools of these deposits are presented.
Being difficult dynamic system, the RK deposit market constantly experiences on itself influence of internal and external factors. Presented by a great number of subjects, each of which seeks to realize own interests, it in too time is in the course of the main currents created in economy of Kazakhstan