Since its establishment, the AIFC has generated significant interest by developing its financial services sector, particularly in banking.

During the fourth quarter of 2009, the Government of Kazakhstan, the Agency of the Republic of Kazakhstan on the Regulation and Supervision of Financial Market and Financial Organizations (the "FMSA"), and the National Bank of Kazakhstan (the "NBK") introduced a number of amendments to Kazakhstan legislation regulating activities of commercial banks, pension funds and other financial institutions operating in Kazakhstan.

The acquisition of a Bank in Kazakhstan is an attractive investment prospect due to Kazakhstan’s developing economy coupled with the great potential of the financial market.

Kazakhstan's commercial banking sector has grown dramatically in recent years.

Lawyers of the banking and finance practice of GRATA International are pleased to provide you with a brief overview of the main changes in the legislation of the Republic of Kazakhstan in 2025 that may affect your business.