Article 14. Legal status of a branch of a non–resident bank of the Republic of Kazakhstan of the Law on Banks and Banking Activities in the Republic Kazakhstan
1. The official status of a branch of a non–resident bank of the Republic of Kazakhstan is determined by its registration (re–registration) with a State Corporation, carried out on the basis of a permit from the authorized body to open a branch of a non-resident bank of the Republic of Kazakhstan, and the availability of a banking license.
2. The name of the branch of a non–resident bank of the Republic of Kazakhstan must comply with the following requirements:
1) contain the name of the non–resident bank of the Republic of Kazakhstan, as well as the word "branch";
2) not to use words and (or) designations that are identical or confusingly similar to the names of other banks, including non–resident banks of the Republic of Kazakhstan;
3) contain the phrase "Islamic bank" (for the name of a branch of a non–resident Islamic bank of the Republic of Kazakhstan).
3. The location of a branch of a non–resident bank of the Republic of Kazakhstan is recognized as its location in the territory of the Republic of Kazakhstan, specified in the regulations on the branch of a non–resident bank of the Republic of Kazakhstan.
4. The regulations on the branch of a non–resident Islamic bank of the Republic of Kazakhstan and the regulations on the branch of a non–resident bank of the Republic of Kazakhstan with a universal banking license performing Islamic banking operations, in addition to the information provided for by the legislation of the Republic of Kazakhstan, must contain a description of the functions of the Council on the principles of Islamic finance or another similar body permanently operating in a non–resident bank of the Republic of Kazakhstan..
5. In the event of a change in the name of a branch of a non–resident bank of the Republic of Kazakhstan and (or) its location, the branch of a non–resident bank of the Republic of Kazakhstan must, within fourteen calendar days from the date of state registration of such changes or from the date of notification to the State Corporation of such changes in cases where their state registration is not required, submit copies of documents to the authorized body confirming such changes.
The Law of the Republic of Kazakhstan dated January 16, 2026 No. 258-VIII SAM.
President
Republic of Kazakhstan
© 2012. RSE na PHB "Institute of Legislation and Legal Information of the Republic of Kazakhstan" of the Ministry of Justice of the Republic of Kazakhstan
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The Law of the Republic of Kazakhstan dated August 31, 1995 No. 2444. On banks and banking activities, with the introduction of the Law of the Republic of Kazakhstan dated January 16, 2026 No. 258-VIII, the SAM has lost its legal force.
Article 14. The founding documents of the Bank of the Law on Banks and Banking Activities in the Republic of Kazakhstan
1. The Bank is established in accordance with the procedure established by the civil legislation of the Republic of Kazakhstan for legal entities, taking into account the specifics established by the banking legislation of the Republic of Kazakhstan.
2. The founding agreement and the charter of the bank must necessarily contain the information and provisions established by the Law of the Republic of Kazakhstan "On Joint Stock Companies".
3. Excluded by the Law of the Republic of Kazakhstan dated 30.06.2025 No. 205-VIII (effective from the date of its first official publication);
The Law of the Republic of Kazakhstan dated August 31, 1995 No. 2444.
President
Republic of Kazakhstan
© 2012. RSE na PHB "Institute of Legislation and Legal Information of the Republic of Kazakhstan" of the Ministry of Justice of the Republic of Kazakhstan
Constitution Law Code Standard Decree Order Decision Resolution Lawyer Almaty Lawyer Legal service Legal advice Civil Criminal Administrative cases Disputes Defense Arbitration Law Company Kazakhstan Law Firm Court Cases
