In execution of the Head of State’s order to ensure stability of the financial system, National Bank of Kazakhstan reports that due to the unstable operation of the Internet and the ongoing counter-terrorism operation in Almaty and other regions, the restoration of the banking system will be carried out in stages, based on the priority and social importance of banking services for population and businesses.

1) On January 10, 2022, the payment systems of RSE “Kazakhstan Interbank Settlements of the National Bank of Kazakhstan” for conducting tenge payments of the financial sector and the state budget, including crediting pensions, allowances and salaries to citizens’ accounts. This will allow, as a matter of priority, to ensure the continuity of internal settlements of population and businesses in the national currency throughout the country.

2) In order to maintain the liquidity of financial institutions from January 10, 2022 Kazakhstan Stock Exchange (KASE) will ensure functioning of the repo transactions market and the government securities market in tenge.

3) As the situation in Almaty and other regions stabilizes and communication channels are restored, measures will be taken to resume trading on the currency exchange of the Kazakhstan Stock Exchange and to conduct international payments and transfers.

In this regard, the activities of exchange offices of second-tier banks and authorized organizations are also temporarily suspended for the safety and security of exchange offices, as well as their employees and customers.

For more details the mass media representatives can contact:
8 (776) 521 26 84
e-mail: press@nationalbank.kz
www.nationalbank.kz