THE RESOLUTION OF BOARD OF THE AGENCY OF THE REPUBLIC OF KAZAKHSTAN ON REGULATION AND DEVELOPMENT OF THE FINANCIAL MARKET

of July 24, 2025 No. 28

About modification of some regulatory legal acts of the Republic of Kazakhstan concerning banking regulation

Board of the Agency of the Republic of Kazakhstan on regulation and development of the DECIDES: financial market

1. Approve the List of regulatory legal acts of the Republic of Kazakhstan concerning banking regulation to which changes, according to appendix to this resolution are made.

2. To provide to department of methodology and prudential regulation of the financial organizations in the procedure established by the legislation of the Republic of Kazakhstan:

1) together with Legal department state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;

2) placement of this resolution on official Internet resource of the Agency of the Republic of Kazakhstan on regulation and development of the financial market after its official publication;

3) within ten working days after state registration of this resolution submission to Legal department of data on execution of the action provided by the subitem 2) of this Item.

3. To impose control of execution of this resolution on the supervising vice-chairman of the Agency of the Republic of Kazakhstan on regulation and development of the financial market.

4. This resolution becomes effective after ten calendar days after day of its first official publication.

Appendix

to the Resolution of Board of the Agency of the Republic of Kazakhstan on regulation and development of the financial market of July 24, 2025 No. 28

The list of regulatory legal acts of the Republic of Kazakhstan concerning banking regulation to which changes are made

1. Bring in the resolution of Board of National Bank of the Republic of Kazakhstan of September 13, 2017 No. 170 "About establishment of normative values and techniques of calculations of prudential standard rates and other regulations and limits, obligatory to observance, the size of the capital of bank and Rules of calculation and limits of open foreign exchange position" (it is registered in the Register of state registration of regulatory legal acts at No. 15886) the following changes:

in Normative values and techniques of calculations of the prudential standard rates and other regulations and limits, obligatory to observance, the size of the capital of bank approved by the specified resolution:

3) of Item 2 to state the subitem in the following edition:

"3) unsteady types of pledge - the property and money arriving in the future (except for the rights of requirements to the state partner in the cash receipts transfered to account, intended for transfer of compensation of investment costs, under the agreement of public-private partnership signed according to the legislation of the Republic of Kazakhstan which is the key under the agreement of bank loan which conditions are provided in Item 2-1 of Standard rates, and also the money arriving in the future on off-take (off-take) to the contract which is the key under the agreement of bank loan in case of compliance to the conditions provided in Item 2-2 of Standard rates), including under agreements of equity (except for the money arriving under the agreements signed with the companies with the state participation (subjects of the quasi-public sector), insurance contracts (except for insurance contracts, containing Items on unconditional and irrevocable obligation fulfillment, concluded with the Export credit agency of Kazakhstan having the state warranty on export support with the insurance resident organizations of the Republic of Kazakhstan having rating "BB+" of Standard & Poor rating agency "is not lower than s (Standard энд Purs) or the rating of similar level of one of other rating agencies, with the insurance nonresident organizations of the Republic of Kazakhstan having rating is not lower "And" Standard & Poor rating agency" than s (Standard энд Purs) or the rating of similar level of one of other rating agencies, insurance contracts which conditions are provided in Item 2-1 of Standard rates), guarantees of physical persons or legal entities (except for guarantees of legal entities, having credit rating "BB+" of Standard & Poor rating agency "is not lower than s (Standard энд Purs) or the rating of similar level of one of other rating agencies, guarantees of the banks of the second level having credit rating is not lower "In -" Standard & Poor rating agency "of s (Standard энд than Purs) or the rating of similar level of one of other rating agencies, and also the guarantees issued by national managing directors of holdings and their affiliated organizations), intangible assets, shares in the authorized capital or the securities which are not included in the official listing of organizers of the biddings of the Republic of Kazakhstan and (or) organizers of the biddings recognized by the international stock exchanges (except for the shares accepted in mortgage providing in the authorized capital and (or) securities of legal entities which have relation of debt on the loans issued on the purposes which are not connected with financing of current assets to profit to deduction of expenses on payment of the added remunerations, tax assignments and charged depreciation (EBITDA) (EBITDA) constitutes no more 4), paper grain receipts (except for the rights of requirements for grain receipts corresponding to conditions, stipulated in Item 2-3 Standard rates), the mortgage providing which is outside the Republic of Kazakhstan (except for the mortgage providing which is in the countries of the Eurasian Economic Union in the presence of the conclusion of legal consultants or specialists of the affiliated organizations of bank according to the right of the said countries confirming proper registration of mortgage providing);";

state Item 81 in the following edition:

"81. From January 1, 2018 to December 31, 2018 the coefficient net of stable funding is calculated banks for the purpose of liquidity risk assessment with representation of results of calculations to authorized body on monthly basis.

The minimum value of coefficient net of stable funding is established in the amount of:

from January 1, 2019 to May 31, 2022 - 1;

from June 1, 2022 to December 31, 2023 - 0,8;

from January 1, 2024 to December 31, 2027 - 0,9;

since January 1, 2028 - 1.

The coefficient net of stable funding is not considered broken during the period from February 21, 2022 to December 31, 2022 inclusive in case of decrease in its value below of the established minimum value on the circumstances, independent of bank, connected with:

in cash outflow of clients;

revaluation of asset cost and obligations in connection with change of the stock exchange rate of tenge to foreign currencies;

change of currency structure of obligations of bank.

The bank within 3 (three) working days from the date of identification of such decrease sends for approval in authorized body the actions plan on increase in coefficient net of stable funding up to level at least the established minimum value till 9 (nine) months from the date of identification of the specified decrease.

The authorized body performs approval of the actions plan specified in part four of this Item within 10 (ten) working days from the date of its representation.

If this decrease will not be eliminated in time, established by the actions plan, decrease in coefficient net of stable funding is violation of this standard rate from the date of identification of the specified decrease.";

state appendix 5 in edition according to appendix to the List of regulatory legal acts of the Republic of Kazakhstan concerning banking regulation to which changes are made.

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