The National Bank of Kazakhstan

The National Bank of Kazakhstan is the central bank of Kazakhstan, operating within a two-tier banking system. Established in 1993, it holds a pivotal position within the country's financial sector. The National Bank operates independently within the limits granted by legislation while aligning its activities with the government's economic policies. Its primary objective is to maintain price stability within the Republic of Kazakhstan. As a key player in the finance, financial services, insurance, and banking industries, the National Bank serves as the upper tier of the country's banking system, overseeing and representing Kazakhstan's interests in relations with central and international banks. Despite not pursuing profit, it remains a crucial entity in maintaining the stability of the country's financial and monetary system.