National Bank of Kazakhstan

Central bank of Kazakhstan

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National Bank of Kazakhstan
Қазақстан Ұлттық Банкі
Qazaqstan Ūlttyq Banki

Headquarters| Astana
Established| April 13, 1993 (1993-04-13)
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| www.nationalbank.kz

The National Bank of Kazakhstan[a] is the central bank of Kazakhstan.

## History

[edit]

The former headquarters of the National Bank of the Republic of Kazakhstan in Almaty

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").

## Management Structure

[edit]

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]

* the Central Office consisting of 11 departments (with one department in Nur-Sultan), 10 independent offices and 1 independent department
* 16 regional branches and one branch in the City of Almaty: Cash and Custody Services Centre
* Five reporting entities:
* Centre for Operational Support of the National Bank of the Republic of Kazakhstan, Joint Stock Company
* Kazakhstan Interbank Settlement Centre, the Republican State Enterprise on the Right of Economic Use
* Banking Service Office of the National Bank of Kazakhstan, Joint Stock Company
* Kazakhstan Mint of the National Bank of the Republic of Kazakhstan, the Republican State Enterprise on the Right of Economic Use
* The Banknote Factory of the National Bank of the Republic of Kazakhstan, the Republican State Enterprise on the Right of Economic Use

## Governors

[edit]

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]

## Shares

[edit]

The National Bank of the Republic of Kazakhstan is the stockholder of the following corporations:

* Kazakhstan Deposit Insurance Fund;[11]
* Unified Accumulative Pension Fund, Joint Stock Company[12]

## Location

[edit]

Nur-Sultan city, Mangilik El street, 57A.[13]

## See also

[edit]

* Banks portal

* Economy of Kazakhstan
* Kazakhstani tenge
* List of central banks

## Notes

[edit]

1. ^ Kazakh:

Latin: Qazaqstan Ūlttyq Banki; Cyrillic: Қазақстан Ұлттық Банкі
Russian: Национальный Банк Казахстана, romanized: Natsional'nyy Bank Kazakhstana

## References

[edit]

1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
2. ^ Body of the National Bank of Kazakhstan
3. ^ Central headquarters
4. ^ a b c d e f g "История Национального Банка". National Bank of Kazakhstan. Retrieved 15 January 2020.
5. ^ Pastor, Mr Gonzalo C. (April 22, 2001). "The IMF and the Ruble Area, 1991-93". International Monetary Fund - via Google Books.
6. ^ "Председатели Нацбанка РК: и первые стали последними". www.forbes.kz. 28 May 2013.
7. ^ Глушкова, Светлана (27 February 2016). "Сто дней Данияра Акишева во главе Нацбанка". Радио Азаттык (in Russian).
8. ^ "Dossaev Erbolat Askarbekovich". almatydc.kz.
9. ^ "Kazakh President signs order appointing Galymzhan Pirmatov Chairman of National Bank". Казинформ. 3 February 2022.
10. ^ "Тимур Сулейменов – новый глава Нацбанк". forbes.kz (in Russian). 2023-09-04.
11. ^ Deposit Insurance System in Kazakhstan
12. ^ Brlefly about the fund
13. ^ National Bank of Kazakhstan

## External links

[edit]

* Official website (in Russian, Kazakh, and English)

* v
* t
* e

Kazakhstan articles

History|

| Prehistory|

* Saka
* Kangju
* Wusun
* Huns

|

Early history|

* Tele
* Rouran Khaganate
* Göktürks
* Kangar union
* Kimek Khanate
* Karluks
* Oghuz Yabgu State
* Xueyantuo Khaganate
* Uyghur Khaganate
* Kyrgyz Khaganate
* Kara-Khanid Khanate
* Mongol Empire
* Chagatai Khanate
* Golden Horde
* White Horde
* Uzbek Khanate

Since 1465|

* Kazakh Khanate
* List of Kazakh khans
* Jüz
* Russian Turkestan
* Alash Autonomy
* Kazakh ASSR
* Kazakh SSR
* Republic of Kazakhstan

By topic|

* Postal

Geography|

* Aktogay Canyon
* Altay (Altai) Mountains
* Aral Karakum Desert
* Borders
* Caspian Sea
* Kazakh Steppe
* Khan Tangiri Shyngy
* Kyzylkum Desert
* Lake Balkhash
* Sharyn Canyon
* Syr Darya
* Tien (Tian) Shan
* Ural River
* Zhetysu

Subdivisions|

* Cities and towns
* Districts
* Regions

Politics|

* Constitution
* Elections
* Foreign relations
* Government
* President
* Prime Minister
* Human rights
* Freedom of speech
* LGBT
* Law enforcement
* Military
* Parliament
* Political parties

Economy|

* Agriculture
* Energy policy
* National Bank
* Stock Exchange
* Science and technology
* Telecommunications
* Tenge (currency)
* Transport
* Waste management

Culture|

* Alphabet
* Anthem
* Architecture
* Clothing
* Coat of arms
* Cuisine (wine)
* Flag
* Kaznet (Internet)
* Kazakhs
* Media
* Music
* Religion
* Sport
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* Television
* Wedding ceremony
* Y-DNA
* Kazakh tribes

Demographics|

* Education
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Peoples|

* Armenians
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* Outline
* Index

* Category

* v
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Central banks

Global|

* Bank for International Settlements
* Basel Committee on Banking Supervision
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Policies|

* Capital requirement
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* Basel Accords

Implementation|

* Capital control
* Discount rate
* Interest rates
* Money creation
* Open market operation
* Sovereign wealth fund

Bretton Woods
system|

* International Monetary Fund
* World Bank Group
* International Bank for Reconstruction and Development
* International Centre for Settlement of Investment Disputes
* International Development Association
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* Multilateral Investment Guarantee Agency

Lists|

* List of central banks
* Central banks and currencies of Africa
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* Central banks and currencies of the Caribbean
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43°14′07″N 76°55′04″E﻿ / ﻿43.2352°N 76.9179°E﻿ / 43.2352; 76.9179

Authority control databases

International|

* ISNI
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National|

* United States

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