Article 29. Provision of a credit report of the Law on Credit Bureaus and Formation of Credit Histories in the Republic of Kazakhstan

Home / RLA / Article 29. Provision of a credit report of the Law on Credit Bureaus and Formation of Credit Histories in the Republic of Kazakhstan

 1. The grounds for submitting a credit report are:

1) the consent of the subject of the credit history to issue a credit report on him, with the exception of the case provided for in paragraph 4 of Article 25 of this Law;

2) compliance of the recipient of the credit report with the requirements of this Law;

3) a request from the recipient of the credit report confirming the consent of the subject of the credit history to provide the credit report, with the exception of the case provided for in paragraph 4 of Article 25 of this Law.

IZPI's note! The second part of paragraph 1 is amended by 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); dated 15.07.2025 No. 207-VIII (effective sixty calendar days after the date of its first official publication).

The requirements of this paragraph do not apply to cases of submitting a credit report at the request of the authorized body and the National Bank of the Republic of Kazakhstan.

2. The credit bureau keeps records of requests for credit reports and records of submitted credit reports.

3. The request is submitted on behalf of the recipient by a specially authorized person responsible for submitting the request to the credit bureau, information about which is contained in the register of recipients of the credit bureau.

3-1. The consent of the subjects of the credit history to issue a credit report on them on paper or in electronic form must be kept by the recipients of credit reports for at least ten years from the date of receipt of the consent of the subject of the credit history, unless otherwise provided for in part two of this paragraph.

The consent of the credit history subject to issue a credit report obtained at the conclusion of a bank loan agreement or a micro-loan agreement must be kept by the recipients of credit reports for at least five years from the date of termination of the relevant agreement, but not less than ten years from the date of receipt of the consent of the credit history subject.

4. The credit bureau provides the subject of the credit history with a credit report in relation to him on the basis of a written request or an electronic request from the subject of the credit history.

IZPI's note! Paragraph 5 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).

5. The credit report for a credit history subject must contain information on all the facts of submitting credit reports on the credit history of this subject within one calendar year, indicating the date of issue, names and details of the recipients.

IZPI's note! Article 29 is provided to be supplemented by paragraph 5-1 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).

5-1. The credit report must contain information on the submission by the individual subject of the credit history of an application for concluding a bank loan agreement or a micro–loan agreement within one month after the date of receipt of the information specified in the second paragraph of the second part of paragraph 2 of Article 19 of this Law.

6. When submitting a credit report, the credit bureau is required to indicate all information providers and the date of receipt of this information by the credit bureau.

7. The credit report is provided on the grounds, conditions and in accordance with the procedure provided for by the legislation of the Republic of Kazakhstan.

8. The credit bureau is responsible for the distortion of information received from information providers, as established by the legislation of the Republic of Kazakhstan on administrative offenses.

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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