Article 72. Prudential standards and limits of the Law on Banks and Banking Activities in the Republic Kazakhstan

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1. Prudential standards and limits are economic restrictions established by the authorized body for banks, branches of non–resident banks of the Republic of Kazakhstan, and banking conglomerates in order to ensure their financial stability and protect the rights of consumers of banking services.

The prudential standards established by the authorized body for their mandatory compliance by banks include:

1) minimum amounts of the bank's authorized and equity capital;

2) equity capital adequacy ratios;

3) the maximum amount of risk per borrower;

4) Liquidity ratios;

5) limits of the open currency position;

6) the minimum amount of liabilities for instruments providing the overall loss absorption (coverage) capability;

7) leverage ratio.

Prudential standards for a bank with a universal banking license, a bank with a basic banking license, an Islamic bank, their limits and calculation methods are established by a regulatory legal act of the authorized body.

2. The prudential standards established by the authorized body for their mandatory compliance by banking conglomerates include:

1) the minimum size of the authorized capital;

2) equity capital adequacy ratios;

3) the maximum amount of risk per borrower.

Prudential standards for banking conglomerates, their limits and calculation methods are established by a regulatory legal act of the authorized body.

3. The authorized body has the right to establish additional prudential standards and limits that are mandatory for banks and banking conglomerates, which are used in international banking practice and/or in order to minimize the risks of banks and banking conglomerates and ensure the stability of the financial system.

The authorized body establishes additional requirements for the adequacy of equity capital for systemically important banks. The procedure for classifying a bank as systemically important is determined by the National Bank of the Republic of Kazakhstan in coordination with the authorized body.

4. A non–resident bank of the Republic of Kazakhstan forms assets of a branch of a non–resident bank of the Republic of Kazakhstan, accepted as a reserve, in order to ensure the financial stability of a branch of a non–resident bank of the Republic of Kazakhstan.

The assets of a branch of a non–resident bank of the Republic of Kazakhstan accepted as a reserve are money placed by a non–resident bank of the Republic of Kazakhstan in a correspondent account opened with the National Bank of the Republic of Kazakhstan for a branch of a non–resident bank of the Republic of Kazakhstan, and (or) financial instruments, the list of which is established by a regulatory legal act of the authorized body, acquired by a branch of the bank – a non-resident of the Republic of Kazakhstan after obtaining a banking license in the territory of the Republic of Kazakhstan.

Prudential standards and limits for branches of non–resident banks of the Republic of Kazakhstan, their limits and calculation methods, including the procedure for forming assets of branches of non–resident banks of the Republic of Kazakhstan accepted as reserves, and their minimum size, are established by a regulatory legal act of the authorized body.

5. A bank, a banking conglomerate, or a branch of a non–resident bank of the Republic of Kazakhstan shall submit reports on the implementation of prudential standards and limits to the National Bank of the Republic of Kazakhstan in accordance with the regulatory legal acts of the National Bank of the Republic of Kazakhstan.

The Law of the Republic of Kazakhstan dated January 16, 2026 No. 258-VIII SAM.

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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 72. Liquidation of the bank on other grounds of the Law on Banks and Banking Activities in the Republic of Kazakhstan

1. The compulsory liquidation of a bank in cases where a case is initiated by a court on the application (claim) of an authorized state body, legal entities or individuals (in the absence of a decision to revoke the bank's licenses to conduct banking operations) is carried out in accordance with this Law.

2. The court sends the decision on the compulsory liquidation of the bank to the authorized body.

From the date of the court's decision on the compulsory liquidation of the bank in a case initiated on the grounds provided for in subparagraph b) According to Article 70 of this Law, the bank is deprived of its license to conduct banking operations.

The Law of the Republic of Kazakhstan dated August 31, 1995 No. 2444.

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