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| Headquarters | Astana |
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| Established | April 13, 1993 |
| Ownership | 100% state ownership [1] |
| Governor | Timur Suleimenov |
| Central bank of | Kazakhstan |
| Currency | Kazakhstan Tenge KZT (ISO 4217) |
| Reserves | 19 790 million USD [1] |
| Website | http://www.nationalbank.kz |
The National Bank of Kazakhstan [lower-alpha 1] is the central bank of Kazakhstan.
The National Bank of Kazakhstan was established on the basis of the Kazakh Republican Bank of the State Bank of the USSR (since 1990 - the State Bank of the Kazakh SSR, since 1991 - the National State Bank of the Kazakh SSR).
On April 13, 1993, in accordance with the Law "On the National Bank of the Republic of Kazakhstan", the National Bank of the Kazakh SSR was renamed the National Bank of the Republic of Kazakhstan.
On March 30, 1995, a new Law of the Republic of Kazakhstan dated March 30, 1995 No. 2155 "On the National Bank of the Republic of Kazakhstan" was issued.
On 15 November 1999, the National Bank of Kazakhstan became the founder and the sole shareholder of the Kazakhstan Deposit Insurance Fund ("KDIF").
The National Bank is accountable to the President of the Republic of Kazakhstan, but acting independently to the extent scope of authority granted under the legislation thereto. The National Bank coordinates its activities with the Government of the Republic of Kazakhstan, taking into account and facilitating the economic policy of the government, unless it contradicts the implementation of its own basic functions and monetary policy.
The supreme governing body of the National Bank is the Management Board, and the operational control authority is the Board of Directors. The Management Board consists of nine people. The Management Board includes the Chairman of the National Bank and four officials (Vice-Chairmen) of the National Bank, one representative of the President of the Republic of Kazakhstan, two government representatives of the Republic of Kazakhstan and the Chairman of the Committee for Control and Supervision of the Financial Market and Financial Institutions of the National Bank. [2]
The organisational structure of the National Bank of Kazakhstan comprises the followingCentral headquarters: [3]
| Governor | Took office | Left office | Notes |
|---|---|---|---|
| Ghalym Bainasarov | 1992 | 1993 | [4] [5] |
| Daulet Sembaev | 1993 | 1996 | [4] |
| Oraz Jandosov | 1996 | 1998 | [4] |
| Kadyrzhan Damitov | 1998 | 1999 | [4] |
| Grigori Marchenko | 1999 | 2004 | [4] |
| Anvar Saidenov | 2004 | 2009 | [6] |
| Grigori Marchenko | 2009 | 2013 | [4] |
| Kairat Kelimbetov | 2013 | 2015 | [4] |
| Daniyar Akishev | 2015 | 2019 | [7] |
| Erbolat Dossaev | 2019 | 2022 | [8] |
| Galymzhan Pirmatov | 2022 | 2023 | [9] |
| Timur Suleimenov | 2023 | Incumbent | [10] |
The National Bank of the Republic of Kazakhstan is the stockholder of the following corporations:
Nur-Sultan city, Mangilik El street, 57A. [13]
The economy of Kazakhstan is the largest in Central Asia in both absolute and per capita terms. In 2021, Kazakhstan attracted more than US$370 billion of foreign investments since becoming an independent republic after the collapse of the former Soviet Union.
BTA Bank is a Kazakhstan bank with headquarters in Almaty. As of 2013 it was the third largest lender by assets. In 2009, BTA Bank was subject of one of the world's biggest financial frauds totaling US$5 billion.
Kazakhstan Temir Zholy, also National Company Kazakhstan Temir Zholy, is the national railway company of Kazakhstan.
Kazpost is the national postal service of Kazakhstan.
Erbolat Asqarbekūly Dossaev is a Kazakh politician serving as an äkım of Almaty since 31 January 2022. Prior to that, he was a National Bank of Kazakhstan chairman from 25 February 2019 and served as a Deputy Prime Minister from 29 August 2017 to 25 February 2019. He served as the Minister of Finance from 16 June 2003 to 5 April 2005, headed the Agency for Regulating Natural Monopolies, and later as the Health Minister from 5 April 2004 to 20 September 2006. In January 2013, Dossaev was appointed head of a reorganized Minister of National Economy.
Ahmedjan Smagululy Essimov is a Kazakh politician who's served as the chairman of Samruk-Kazyna from 2017 to 2021. Prior to that, he was the director of Expo 2017 from 2015 to 2017, akim of Almaty from 2008 to 2015, Minister of Agriculture from 2006 to 2008 and 2001 to 2004, Deputy Prime Minister of Kazakhstan from 2002 to 2006 and 1994 to 1996, First Deputy Prime Minister of Kazakhstan from 1996 to 1998, Acting Head of the Presidential Administration of Kazakhstan and State Secretary of Kazakhstan in 1996.
Grigory Alexandrovich Marchenko is a Kazakh financier, banker and politician.
Timur Askaruly Kulibay is a Kazakh business oligarch and son-in-law of former Kazakh president Nursultan Nazarbayev.
Narxoz University is a higher education institution in Kazakhstan providing training in economics, business, finance, and law, located in the city of Almaty. Founded in 1963, the current name since 2016. The university includes 3 schools in the areas of training, research centers, scientific and educational departments, 5 representative offices in the regions of Kazakhstan, and an economic college.
Samruk-Kazyna, officially known as the National Welfare Fund "Samruk-Kazyna", is a sovereign wealth fund and joint stock company in Kazakhstan which owns, either in whole or in part, a number of major companies in the country. This includes the national rail and postal service, the state oil and gas company KazMunayGas, the state uranium company Kazatomprom, Air Astana, and others. The state is the sole shareholder of the fund.
Sauat Mukhametbayuly Mynbayev is a Kazakh politician who served as the minister of oil and gas of Kazakhstan from 2010 to 2013. Until 2021 he was also the CEO of Kazakhstan Temir zholy.
Nurlan Zairollauly Nigmatulin is a Kazakh politician who served as the Chairman of the Mäjilis from 22 June 2016 to 1 February 2022 and from 20 January 2012 to 3 April 2014. Prior to that, he headed the Presidential Administration of Kazakhstan, and was the first deputy chairman of Nur Otan from 2009 to 2012, and äkim of Karaganda Region from 2006 to 2009.
The State Guard Service of the Republic of Kazakhstan is a protective service agency under commandment of President of Kazakhstan, pertaining to the national security forces. It was established in 2014 on the basis of the Presidential Security Service and the Republican Guard. Its current head is colonel Saken Issabekov.
Umut Shayakhmetova is Kazakh businesswoman. She serves as chairperson of the management board of Halyk Bank, a listed bank on the Kazakhstan and London Stock Exchanges.
Älihan Ashanuly Smaiylov is a Kazakh politician who is serving as Prime Minister of Kazakhstan. Previously, he served as the First Deputy Prime Minister of Kazakhstan under Askar Mamin. He at the same time served as the Minister of Finance from September 2018 until May 2020. Smaiylov was nominated as the new prime minister of Kazakhstan by the country's president following the 2022 Kazakh protests. His candidacy was unanimously approved by the country's parliament. Since January 2023, he has been Chairman of the Board of Directors of the JSC National Welfare Fund Samruk-Kazyna.
Daulet Hamituly Sembaev was a Kazakh politician and financier who was the First Deputy Prime Minister of Kazakhstan from 1992 to 1993 and the Deputy Prime Minister of Kazakhstan from 1991 to 1992. He served as the chairman of the National Bank of Kazakhstan from 1993 until 1996, when he was appointed as a member of the Kazakh Senate.
Erulan Kenjebekuly Jamaubaev is a Kazakh politician who's serving as Minister of Finance since 2020.
Timur Muratuly Suleimenov is a Kazakh politician who served as Minister of National Economy from 28 December 2016 to 25 February 2019. Since September 4, 2023, Chairman of the National Bank of the Republic of Kazakhstan.
Pavel Olegovich Kazantsev is a Kazakh politician currently serving as the Deputy Chair of the Mazhilis since 15 January 2021 and as Mazhilis member since 2016.
Aslan Bäkenūly Särınjıpov is a Kazakh politician and economist who served as Minister of Education and Science from 2 September 2013 to 10 February 2016. He is the founder and head of the educational cluster of Nazarbayev University.
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