List of banks in Kazakhstan
The Republic of Kazakhstan has a two-tier banking system.
Tier One Bank
The National Bank of the Republic of Kazakhstan is the central bank of Kazakhstan and presents the upper tier of the banking system of Kazakhstan. The National Bank represents, within the limits of its authority, the interests of the Republic of Kazakhstan in the relationship with the central banks, with banks of other countries, in the international banks and other financial-credit organizations.Second-tier banks
All banks operating in the country, except the National Bank of Kazakhstan, represent the second tier of the banking system and are second-tier banks. The legal basis for operation of the second-tier banks is the law «On Banks and Banking in the Republic of Kazakhstan» from August 31, 1995, № 2443. According to this law, a second-tier bank in Kazakhstan is a corporate entity which, irrespective of the form of ownership, carries on business for achieving its main goal of earning profits. Second-tier banks are entitled to open their subsidiary banks, branch and representative offices on the territory of Kazakhstan as well as outside of the territory of the country. Banks on October 1, 2018 there are 28.| № | Bank's name | Controlling stakeholder | Bank assets as of October 1, 2018 | Bank assets as of October 1, 2019 |
| 1 | Halyk Savings Bank of Kazakhstan |  Holding Group ALMEX JSC | 8273,9 | 8992,4 |
| 2 | First Heartland Jýsan Bank | First Heartland Securities JSC | 2212,7 | 1270,8 |
| 3 | Subsidiary bank «Sberbank of Russia» in Kazakhstan |  Sberbank of Russia | 1697,7 | 2072,5 |
| 4 | Kaspi Bank | Kaspi Group JSC | 1471,2 | 2026,8 |
| 5 | ATFBank | KNG Finance LLP | 1461,7 | 1515,3 |
| 6 | Bank CenterCredit | Bakhytbek Rymbekovich Baiseitov | 1410,7 | 1474,0 |
| 7 | ForteBank | Bulat Zhamitovich Utemuratov | 1409 | 1942,9 |
| 8 | Eurasian Bank | Eurasian Financial Company JSC | 973,6 | 1014,6 |
| 9 | Housing Construction Savings Bank of Kazakhstan | National Managing Holding «Baiterek» JSC | 850,6 | 1251,6 |
| 10 | Citibank Kazakhstan |  Citibank, N.A. | 733,7 | 823,3 |
| 11 | Bank RBK | KCC Financ LLP | 547,1 | 667,6 |
| 12 | Altyn Bank |  China CITIC Bank Corporation | 399,1 | 523,9 |
| 13 | Nurbank | JP Finance Group LLP | 342,4 | 388,9 |
| 14 | Subsidiary bank «Alfa-Bank» in Kazakhstan | Alfa-Bank | 341,9 | 528,6 |
| 15 | Subsidiary bank «Home Credit and Finance Bank» in Kazakhstan | Home Credit and Finance Bank LLC | 270 | 401,7 |
| 16 | Subsidiary bank «Bank of China» in Kazakhstan | Bank of China Limited | 256,7 | 299,2 |
| 17 | Industrial & Commercial Bank of China | Industrial and Commercial Bank of China | 147,6 | 209,7 |
| 18 | AsiaCredit Bank | Nurbol Sultan | 144,2 | 87,0 |
| 19 | Subsidiary bank «VTB Bank» in Kazakhstan | PJSC VTB Bank | 136,9 | 179,1 |
| 20 | Tengri Bank |  Punjab National Bank | 132,8 | 110,4 |
| 21 | Bank Kassa Nova | JSC Nova Leasing | 87,5 | 137,0 |
| 22 | Capital Bank Kazakhstan | Orifjon Chodiev | 75.2 | 75,4 |
| 23 | Subsidiary bank «ZIraat InternationaL Bank» in Kazakhstan |  T.C. Ziraat Bankası A.Ş. | 60,6 | 79,3 |
| 24 | Shinhan Bank Kazakhstan |  Shinhan Bank | 30 | 45,8 |
| 25 | «Al Hilal» Islamic Bank |  Al Hilal Bank PJSC | 24.7 | 37,0 |
| 26 | Zaman-Bank | Tasbulat Abguzhinov | 15,3 | 22,3 |
| 27 | Subsidiary bank «National Bank of Pakistan» in Kazakhstan |  National Bank of Pakistan | 5 | 4,8 |
Development Bank of Kazakhstan
Development Bank of Kazakhstan JSC operates as a national development institution in the Republic of Kazakhstan. The company’s services include investment projects funding, export operations financing, interbank lending, clients operational servicing, and lease financing. It also offers various financial services, such as mezzanine, syndicated, interim, lease transactions, and project financing; lending of current activities; and provision of guarantees, as well as equity and capital participation.Deposit Guarantee System
was established by Resolution of the National Bank of the Republic of Kazakhstan Management Board No. 393 dated 15 November 1999 “On incorporation of «Kazakhstan Individuals’ Deposit Guarantee Fund».Individuals’ deposits placed in the second-tier banks of the Republic of Kazakhstan, excluding non-interest bearing demand deposits placed with the Islamic banks.
- Deposits in tenge are insured up to 10 million tenge per depositor per bank
- Deposits in foreign currency are insured up to 5 million tenge per depositor per bank