Financial sector


The Banking system of the Republic of Kazakhstan is a two-tier banking system.

The National Bank of the Republic of Kazakhstan is the central bank of Kazakhstan and is the upper (first) tier of the banking system of Kazakhstan. All other banks are the lower (second) tier of the banking system with the exception of the Kazakhstan Development Bank, which has a special legal status.


Structure of Banking Sector of the Republic of Kazakhstan

Banking sector structure 01.01.2012 01.01.2013 01.01.2014 01.01.2015 01.01.201601.02.2017

Number of the second-tier banks, including:

38

38 38 38 3533

- banks with 100% government equity capital

1

1 1 1 11

- number of non-resident bank representative offices in the Republic of Kazakhstan

19

19 17 16 1615
- second-tier subsidiary banks 16 16 14 14 1311

Number of the second-tier banks subsidiaries

363

362 378 395 345349

Source - National Bank of Kazakhstan