Timur Turlov’s Freedom Bank has ranked among the top three banks in Kazakhstan for the highest interest rates on certificates of deposit, alongside Home Credit and Eurasian Bank, according to Ranking.kz.
Freedom Bank, part of the Freedom Finance ecosystem supervised by well-known financier Timur Turlov, became the first bank in Kazakhstan to offer an annual percentage yield (APY) of 20% on its term deposits. These terms apply to the «Capital» certificate of deposit, which requires a minimum deposit of 500,000 tenge ($1,000). The product was launched in October 2025. Since then, several other commercial banks have followed suit, offering...