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National Bank of Kazakhstan

 

National Bank of Kazakhstan Logo

The National Bank of Kazakhstan (Kazakh: Қазақстан Ұлттық Банкі, Qazaqstan Ulttıq Banki) is the central bank of Kazakhstan. The Republic of Kazakhstan has a two-tier banking system. The National Bank of the Republic of Kazakhstan (hereinafter - the National Bank) is the central bank of Kazakhstan and presents the upper (first) tier of the banking system of Kazakhstan.

 
 

All other banks present lower (second) tier of the banking system, excluding the Development Bank of Kazakhstan, that has peculiar legal status. The National Bank represents, within the limits of its authority, the interests of the Republic of Kazakhstan in the relations with the central banks, with banks of other countries, in the international banks and other financial-credit organizations. The National Bank should not be guided by the aim of gaining profit in performing its tasks. The National Bank coordinates its activity with the Government of the Republic of Kazakhstan, in its activity takes into consideration the economic policy of the Government and facilitates its implementation, if doing so is not in conflict with the realization of its main functions and implementation of monetary policy.


The primary goal of the National Bank is to ensure the stability of prices in the Republic of Kazakhstan. To accomplish the main goal the National Bank is assigned with the following tasks:

 •  development and implementation of the state’s monetary policy,
 •  support of payment system functioning,
 •  implementation of foreign exchange regulation and foreign exchange control,
 •  assistance for maintenance of financial system's stability.

The National Bank has a common centralized system with the vertical administrative scheme. The highest administrative authority of the National Bank is the Board, the authority of the executive management is the Council of Directors.
 

National Bank of Kazakhstan HQ Location Map

National Bank of Kazakhstan
HQ Address: 21 "Koktem-3"
Almaty, 050040
Republic of Kazakhstan
Tel: +7 727 2704 591
Fax: +7 727 2704 703
Website: www.nationalbank.kz
Email: hq@nationalbank.kz
Currency: Kazakhstan Tenge
Banking Hours:
Monday - Friday : 9.00am - 6.00pm
Closed on lunch time 1:00pm - 2:00pm
 

 

 
The National Bank of Kazakhstan is responsible for achieving the monetary policy objective in Kazakhstan, including determining the strategy, instrument and operational means for doing so, and for maintaining the stability and integrity of the monetary system of Kazakhstan.
 
 

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