Article 20. Recipients of credit reports The Law on Credit Bureaus and Formation of credit histories in the Republic of Kazakhstan

Home / RLA / Article 20. Recipients of credit reports The Law on Credit Bureaus and Formation of credit histories in the Republic of Kazakhstan

 1. Recipients of credit reports are:

1) banks, organizations engaged in certain types of banking operations, organizations engaged in microfinance activities, collection agencies, service companies, persons specified in paragraph ten of the first part of paragraph 4 of Article 36-1 of the Law of the Republic of Kazakhstan "On Banks and Banking Activities in the Republic of Kazakhstan" and paragraph eight of the first part of paragraph 5 of Article 9-1 of the Law of the Republic of Kazakhstan Kazakhstan "On microfinance activities", if the rights (claims) obtained under the bank loan agreement and (or) under the microcredit agreement have not been transferred by these persons to the trust management of the service company;

2) an individual entrepreneur or a legal entity that sells goods and services on credit or provides deferred payments, the systematized characteristics of which are determined by the Government of the Republic of Kazakhstan;

IZPI's note! Subparagraph 3) is provided for in the wording of the Law of the Republic of Kazakhstan dated 30.06.2025 No. 205-VIII (effective sixty calendar days after the date of its first official publication).

3) other persons on the basis of information provision agreements, as well as persons who are residents of the Republic of Kazakhstan, on the basis of the consent of the credit history subject obtained in accordance with the regulatory legal act of the authorized body on the procedure for obtaining the consent of credit history subjects to information providers specified in subitems 1), 1-1), 2) and 4) paragraph 1 of Article 18 of this Law, to provide information about them to credit bureaus (with the exception of credit bureaus with state participation), obtaining consent to issue a credit report about him to other persons from the credit bureau;

4) the subject of the credit history;

4-1) the person in whose favor the bank guarantee or surety has been issued;

4-2) a representative of the bondholders in relation to the credit report of the bond issuer with whom an agreement has been concluded to represent the interests of the bondholders;

4-3) the authorized body in the field of public administration for the restoration of solvency and bankruptcy of citizens of the Republic of Kazakhstan, the financial manager;

4-4) the Banking Ombudsman;

4-5) Microfinance Ombudsman;

IZPI's note! Paragraph 1 is provided to be supplemented with subparagraph 4-6) in accordance with the Law of the Republic of Kazakhstan dated 07/15/2025 No. 207-VIII (effective sixty calendar days after the date of its first official publication).

5) authorized body.

IZPI's note! Paragraph 1 is provided to be supplemented with subparagraph 6) in accordance with the Law of the Republic of Kazakhstan dated 30.06.2025 No. 205-VIII (effective sixty calendar days after the date of its first official publication).

6) The National Bank of the Republic of Kazakhstan.

The recipients of the credit report specified in subparagraph 4) of this paragraph have the right to receive a credit report only about themselves.

The recipients of the credit report specified in subparagraph 4-1) of part one of this paragraph have the right to receive a credit report only on guarantees or guarantees issued by the bank in their favor.

The recipients of the credit report specified in subparagraph 4-2) of Part one of this paragraph are entitled to receive a credit report only on the bond issuer with whom an agreement has been concluded to represent the interests of the bondholders.

Recipients of the credit report specified in subclause 4-3) the first part of this paragraph is entitled to receive a credit report only on a citizen of the Republic of Kazakhstan, against whom a case has been initiated on the application of the procedure for restoring solvency or judicial bankruptcy, as well as who has filed an application for the application of the procedure for out-of-court bankruptcy in accordance with the Law of the Republic of Kazakhstan "On the Restoration of Solvency and Bankruptcy of Citizens of the Republic of Kazakhstan".

IZPI's note! Paragraph 1 is provided to be supplemented with parts six and seven in accordance with the Law of the Republic of Kazakhstan dated 07/15/2025 No. 207-VIII (effective sixty calendar days after the date of its first official publication).

It is not allowed to provide credit reports to persons not specified in this paragraph.

2. The persons specified in the sub-paragraphs 1), 2), 3), 4-2), 4-4) and 4-5) of the first part of paragraph 1 of this Article, after concluding an agreement on receiving credit reports, they must register with the credit bureau as recipients of credit reports.

The Law of the Republic of Kazakhstan dated July 6, 2004 No. 573.

This Law defines the legal, economic and organizational foundations of the formation of credit histories in the Republic of Kazakhstan, the legal status of participants in the system of formation of credit histories and their use, regulates public relations related to the creation, implementation and termination of activities of credit bureaus, the specifics of state regulation, control and supervision in this area.

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