Kazakhstan National Bank

Kazakhstan Keeps Base Rate at 18%

The National Bank of Kazakhstan's Monetary Policy Committee maintained the base rate at 18.0% per annum with a ±1 percentage point corridor on 6 March 2026. The decision was informed by the forecast round results, updated assessments of key macroeconomic indicators, and the balance of inflation risks. Annual inflation declined to 11.7% in February 2026, down from 12.2% in January, with all components showing moderating price growth.

Kazakhstan 2025 Payment Market: 1.04 Billion Card Transactions

The National Bank of Kazakhstan published its annual review of the 2025 payment services market. In 2025, the interbank card payment system processed over 1.04 billion transactions, with 8 out of 10 transactions conducted via internet and mobile banking (including QR codes). Interbank clearing system volumes grew 21% year-over-year, and the interbank transfer system maintained 99%+ uptime.

VI Scientific-Practical Conference on Economic Policy Almaty

The National Bank of Kazakhstan announces its VI scientific-practical conference, 'Retrospective Analysis of Economic Policy: From Expectations to Decisions', to be held on 30 April 2026 in Almaty. The conference will present research findings across four sessions: inflationary expectations and felt inflation; public finance under macro shocks; credit cycles and financial stability; and Kazakhstani capital from macro and micro perspectives. Registration is required via conference@nationalbank.kz.