Kazakh National Bank
| Headquarters | Nur-Sultan |
| founding | April 13, 1993 |
| president | Yerbolat Dossayev |
| country | Kazakhstan |
| currency | |
| ISO 4217 | KZT |
| Currency reserves | US $ 28.660 billion (November 2019) |
| Mint (s) | Kazakh coin |
| Website | |
| predecessor |
Gosbank (in the Soviet Union ) |
| List of central banks | |
The Kazakh National Bank ( Kazakh Қазақстан Республикасының Ұлттық Банкі , Russian Национальный банк Республики Казахстан ) is the central bank of the Republic of Kazakhstan . Its headquarters are in Nur-Sultan .
General
There is a two-tier banking system in Kazakhstan. It is the most developed banking system in Central Asia. The National Bank is the upper tier, the other banks are the lower tier of this system.
The National Bank acts independently within its legal powers. It coordinates its activities with the Kazakh government, takes into account its economic policy and supports its implementation, provided that this does not conflict with its main functions and its own economic policy. It represents the interests of the Republic of Kazakhstan in relations with central banks, domestic and foreign, as well as international banks and other financial and credit organizations.
The head of the National Bank is appointed and dismissed by the Kazakh President with the approval of the Senate. Danijar Aqyshev has been the chairman of the National Bank since 2015 .
history
Kazakhstan declared its independence from the Soviet Union on December 16, 1991 . The Kazakh National Bank was established on April 13, 1993.
The Kazakh tenge was introduced as the national currency on November 15, 1993, replacing the Russian ruble . In 1995, a new banking law was incorporated into the Civil Code of the Republic of Kazakhstan, which regulates the role of the National Bank. On November 13, 1997, the National Bank Museum in Almaty was opened. There is a collection of historical banknotes and coins. The museum holds regular exhibitions dealing with the Kazakh banking system and currency in Kazakhstan.
tasks
The main objective of the National Bank is to ensure price stability in the Republic of Kazakhstan. In order to achieve this goal, she is charged with the following tasks:
- Development and implementation of state monetary policy
- Ensure the functioning of the payment systems
- Implementation of foreign exchange regulations and exchange control
- Promote the stability of the financial system
- Regulation, control and supervision of the financial market, financial institutions and other parties
- Guaranteeing the rights and legitimate interests of consumers of financial services
- Statistical activities
In carrying out its tasks, the National Bank should not be guided by the intention of making a profit. It is not intended to compete with commercial banks or other credit institutions.
management
Kazakh National Bank President:
| No. | Surname | Life dates | Term of office (beginning) | Term of office (end) |
|---|---|---|---|---|
| 1 | Ghalym Bainasarov | * 1944 | January 20, 1992 | December 20, 1993 |
| 2 | Wait on Zembayev | * 1935 | December 20, 1993 | January 10, 1996 |
| 3 | Oras Shandosov | * 1961 | January 10, 1996 | February 20, 1998 |
| 4th | Qadyrshan Demitov | * 1959 | February 23, 1998 | October 13, 1999 |
| 5 | Grigory Marchenko | * 1959 | October 13, 1999 | January 6, 2004 |
| 6th | Änuar Säidenow | * 1960 | January 26, 2004 | January 21, 2009 |
| 7th | Grigory Marchenko | * 1959 | January 21, 2009 | October 1, 2013 |
| 8th | Qairat Kelimbetow | * 1969 | October 1, 2013 | November 2, 2015 |
| 9 | Danijar Aqyshev | * 1976 | November 2, 2015 | 26th February 2019 |
| 9 | Yerbolat Dossayev | * 1970 | 26th February 2019 | officiating |
further reading
- Marie-Carin Gumppenberg, Udo Steinbach: Central Asia: History, Politics, Economy CH Beck Verlag, Munich 2005, ISBN 9783406511134
- Jutta Falkner, Klaus Leger: German-Kazakh Business Yearbook 2013/2014 OWC-Verlag für Aussenwirtschaft GmbH, Münster, ISBN 9783937992204
- Jutta Falkner, Klaus Leger: German-Kazakh Business Yearbook 2012/2013 OWC-Verlag für Aussenwirtschaft GmbH, Münster 2012, ISBN 9783937992204
See also
Web links
- National Bank of Kazakhstan website (English, Kazakh and Russian)
Individual evidence
- ↑ Kazakhstan Foreign Exchange Reserves . tradingeconmoics.com. Accessed December 12, 2019 (English)
- ↑ LIPortal - the country information portal economy & development. Accessed January 30, 2017 (German).
- ^ A b Information about the National Bank. Retrieved January 30, 2017 (English).
- ^ Sören Lausberg: State structure and parties. Accessed January 30, 2017 (German).
- ↑ AHK Kazakhstan: Daniyar Akishev new head of the Kazakh National Bank. (No longer available online.) Archived from the original on January 30, 2017 ; accessed on January 30, 2017 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ History of Kazakhstan | Länder-Lexikon.de. Retrieved January 30, 2017 .
- ^ A b The National Bank of the Republic of Kazakhstan »Teaching Materials. Retrieved January 30, 2017 (ru-RU).
- ^ The museum of the National Bank. Retrieved January 30, 2017 (English).
- ^ The National Bank of the Republic of Kazakhstan »Teaching Materials. Retrieved January 30, 2017 (ru-RU).
- ↑ nationalbank.kz: Историческая справка о Национальном Банке Республики Казахстан , accessed on October 1, 2018 (Russian).
