Table 2.1. Deposits of the population between 1998 and 2012.

Period	Deposits of the population on the begining of the period, in mln. KZT
	Total	Demand deposits		Term deposits
		National currency	Foreign currency	National currency	Foreign currency
Dec.1998	31 624	13 401	1 716	7 565	8 942
Dec.1999	54 966	16 079	4 975	12 249	21 663
Dec. 2000	91 709	17 474	9 404	15 443	49 388
Dec. 2001	186 080	22 890	16 330	26 446	120 414
Dec. 2002	257 360	24 531	20 717	42 975	169 138
Dec. 2003	343 229	36 327	23 446	92 254	190 709
Dec.2004	447 976	54 468	22 536	199 264	162 347
Dec.2005	596 848	69 384	34 024	241 806	250 267
Dec. 2006	1 034 157	121 142	42 049	566 117	301 954
Dec. 2007	1 447 850	155 597	37 561	744 088	506 690
Dec. 2008	1 500 005	163 411	35 323	705 891	591 881
Dec. 2009	1 936 312	183 728	112 512	655 132	981 757
Dec. 2010	2 249 814	249 255	47 396	996 248	951 821
Dec. 2011	2 758 601	320 713	58 954	1 275 657	1 100 826
Jan. 2012	2 764 275	284 977	60 281	1 291 230	1 117 431

* Source Journal of the National Bank of the Republic of Kazakhstan.

Analyzing data of the Table 2.1, we can note the following points: the proportion of term deposits in January 2002 accounted for 52% of total deposits, while in 2000 these figures were equal to 13%, while in 1998 only 5%. It can be concluded that package of measures to protect citizens' deposits in banks has led to increased confidence in the banking system.

This is especially noticeable during the World Economic Crisis, in the end of 2009, the volumeof demand deposits in foreign currency increased almost in four-times, and volume of term deposits in foreign currency increased in 2 times. However, as the stabilization of the economy, public confidence to the national currency has slightly improved, which led to an increase in short-term deposits in national currency, but during the next 3 years volume of term deposits in foreign currency exceeded the volume ofdeposits in national.

It is also clear that each year the amount of deposits in the banking system increases, which means that all measures undertaken by the State for economic recovery and strengthening of the banking system have yielded positive results. However, the trend of no confidence in the national currency is taking place.

In 2003, amendments were made to banking laws relating to insurance claims for deposits in U.S. dollars or Euros. Refunds for term deposits will be in one of three currencies: the tenge, the following amounts: a contribution of up to 400 thousand tenge refunded in full, for deposits in U.S. dollars and euros - 90%. By increasing the size of the contribution of the share of compensation is reduced in proportion to the contribution .The maximum amount of compensation to one depositor (the depositor) participating bank is 1 million tenge, deposits (deposits) per depositor (the depositor) are summed and treated as a contribution (deposit). And from January 1, 2004, only banks are members of the system of compulsory collective guaranteeing (insurance) contributions (deposits) of individuals will be able to attract deposits (deposit) money and assets of individual pension savings funds. Thus, we examined the main stages in the development of the deposit market in the Republic of Kazakhstan with a functioning market economy. Analysis of the phases of the development shows that the formation of the deposit market has been gradual, taking into account various factors. Now banks have a fairly stable financial resources and their development strategy themselves are built on the principles of stability, reliability and stability. Domestic banks, forming a deposit policy, based primarily on attracting deposits from individuals. Thus, most of the time deposits in the banking system make deposits of natural persons is almost twice the amount of deposits of non-bank entities (That is a major potential investor - this population, as in the opinion of experts, the population is a potential investor, and many agreed with the opinion that people have savings and should make all efforts for their involvement. In general, the analysis of stages in the development of the deposit market indicates substantial progress in the overall deposit market terms. Savings of the population is actively involved in financial turnover - thanks to the development of marketing programs, commercial banks and policy banks active deposit. Deposit banks' policies formed taking into account many factors. Providing favorable conditions for placement of deposits in terms of an effective fund-raising, the bank should seek to make them more attractive for customers. Variations, accordingly, an important element in the formation of a deposit policy is to assess the situation on the market data services and the definition of acceptable levels of interest on deposits against the backdrop of other banks. For the population of the possibility of placing foreign currency deposits is one of the few means of protecting their savings against inflation impairment. It is more accessible, technologically simple and less risky than the stock market. In this case the client's interests are focused on the evaluation of the optimal combination of several key points: the reliability of the bank deposit maturity, the interest rate on deposits. To implement such a choice, of course, requires fairly representative information.