Joint Resolution of the Board of the National Bank of the Republic of Kazakhstan No. 80 and the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market No. 102 of June 30, 2026 "On Amendments to the Joint Resolution of the Board of the National Bank of the Republic of Kazakhstan of May 5, 2020 No. 62 and the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market of May 5, 2020 No. 56 "On Approval of the Rules on Last Resort Loans Provided by the National Bank of the Republic of Kazakhstan"

REPUBLICAN STATE INSTITUTION "NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN"				REPUBLICAN STATE INSTITUTION "AGENCY OF THE REPUBLIC OF KAZAKHSTAN FOR REGULATION AND DEVELOPMENT OF THE FINANCIAL MARKET"
June 30, 2026 No. 80 Astana city			June 30, 2026 No. 102 Almaty city

JOINT RESOLUTION

On Amendments to the Joint Resolution of the Board of the National Bank of the Republic of Kazakhstan of May 5, 2020 No. 62 and the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market of May 5, 2020 No. 56 "On Approval of the Rules on Last Resort Loans Provided by the National Bank of the Republic of Kazakhstan"

The Board of the National Bank of the Republic of Kazakhstan and the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market RESOLVE:

1. Make the following changes to the Joint Resolution of the Board of the National Bank of the Republic of Kazakhstan of May 5, 2020 No. 62 and the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market of May 5, 2020 No. 56 "On Approval of the Rules on Last Resort Loans Provided by the National Bank of the Republic of Kazakhstan" (registered in the Registry of State Registration of Regulatory Legal Acts under No. 20593):

in the Rules on Last Resort Loans Provided by the National Bank of the Republic of Kazakhstan, approved by the said resolution:

paragraph 10 is to be worded as follows:

"10. A loan is provided in the national currency of the Republic of Kazakhstan – tenge, under pledge of bank assets specified in [paragraph 12] of the Rules.";

Appendices 1, 8, 14, 15 and 16 are to be worded in accordance with Appendices 1, 2, 3, 4 and 5 to this Joint Resolution, the text in the Kazakh language remains unchanged.

1. The Department of Financial Stability and Research of the National Bank of the Republic of Kazakhstan is to ensure, in the manner established by the legislation of the Republic of Kazakhstan:
   1. jointly with the Legal Department of the National Bank of the Republic of Kazakhstan, state registration of this Joint Resolution in the Ministry of Justice of the Republic of Kazakhstan;
   2. publication of this Joint Resolution on the official website of the National Bank of the Republic of Kazakhstan after its official publication;
   3. within ten working days after the state registration of this Joint Resolution, submission to the Legal Department of the National Bank of the Republic of Kazakhstan of information on the implementation of the activity provided for in sub-paragraph 2) of this paragraph.
2. Control over the implementation of this Joint Resolution is assigned to the Deputy Chairmen of the National Bank of the Republic of Kazakhstan and the Deputy Chairman of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market responsible for the relevant areas.
3. This Joint Resolution enters into force upon the expiration of ten calendar days after the day of its first official publication.

Chairman of the National Bank of the Republic of Kazakhstan		Acting Chairman of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market
T.M. Suleimenov		O.T. Kizatov
______		______

Copy is correct:

Chief Specialist-Secretary of the Board Z. Mukhambetova

Appendix 1

to the Joint Resolution of the Board of the National Bank of the Republic of Kazakhstan of June 30, 2026 No. 80 and the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market of June 30, 2026 No. 102

Appendix 1

to the Rules on Last Resort Loans Provided by the National Bank of the Republic of Kazakhstan

Requirements for Non-Marketable Assets

Indicator	Criteria for Requirements for Non-Marketable Assets
1. General Requirements for Non-Marketable Assets of Banks	1) belong to the first stage of impairment according to the bank's internal methodology; 2) there is no overdue repayment of debt on the loan for more than 7 (seven) calendar days as of the last reporting date; 3) the maturity date of the bank loan agreement occurs no earlier than 12 (twelve) calendar months after the last reporting date; 4) do not relate to loans issued to individuals and not classified by the bank into a portfolio of homogeneous bank loans (evaluated individually); 5) the book debt exceeds 50,000 (fifty thousand) tenge; 6) currency of the bank loan agreement: tenge, foreign currency (US dollar, euro, Chinese yuan); 7) the borrower is not a person related to the bank by special relations; 8) the maximum share of loans to one borrower and a group of related borrowers does not exceed 25 (twenty-five) percent of the book value of non-marketable assets.
2. Special Requirements for Non-Marketable Assets of Banks Included in the Scope of the Last Completed Regular AQR	Bank loans included in the scope of the last completed regular AQR are classified into the first stage of impairment based on the results of the last completed regular AQR.
3. Special Requirements for Non-Marketable Assets of Banks Not Included in the Scope of the Last Completed Regular AQR	For bank loan agreements secured by methods provided for by the legislation of the Republic of Kazakhstan, the ratio of the remaining principal loan balance to the estimated value of the property (real estate and movable property) provided as collateral for the loan (loan-to-value ratio) is not more than 80 (eighty) percent. Real estate is represented by residential and (or) commercial real estate, land plots located on the territory of the Republic of Kazakhstan. Construction-in-progress objects are not accepted as collateral for loans. The estimated value of the property takes into account the lowest of the values of the collateral value determined by the bank on the date of the last assessment in accordance with the bank's internal methodology, and the market value determined by the appraiser on the date of the last assessment in accordance with the legislation of the Republic of Kazakhstan on valuation activities (if available). The market value of real estate objects determined on the date of the last assessment by the appraiser for real estate objects exceeds 100,000 (one hundred thousand) monthly calculation indicators. The term for preparing the property assessment report does not exceed 12 (twelve) consecutive calendar months to the date of the bank's application for pre-positioning of collateral. In the case of securing obligations under several bank loan agreements of one or several borrowers of the bank with one property, such bank loan agreements are accounted for as one non-marketable asset of the bank accepted as collateral.

Appendix 2

to the Joint Resolution of the Board of the National Bank of the Republic of Kazakhstan of June 30, 2026 No. 80 and the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market of June 30, 2026 No. 102

Appendix 8

to the Rules on Last Resort
Loans Provided by the National Bank of the Republic of Kazakhstan

	Form

Information on Characteristics of Non-Marketable Assets

For completion by the bank

Information on characteristics of rights (claims) under bank loan agreements provided to legal entities as of ______ 20_____ year

No.	Bank Loan Agreement Number	Date of Bank Loan Agreement	Borrower Name	Business Identification Number of Borrower (BIN)	Interest Rate on Loan (in percent)	Remaining Principal Debt Balance, in tenge	Remaining Accrued Interest Balance, in tenge	Collateral Agreement Number Concluded to Secure the Bank Loan Agreement
1	2	3	4	5	6	7	8	9
1.
2.

continuation of the table

Date of Collateral Agreement Concluded to Secure the Bank Loan Agreement	Value of Collateral, in tenge	Number of Days of Overdue on Bank Loan Agreement (if any)	Date of Occurrence of Overdue on Principal Debt or Interest (if any)	Remaining Unpaid Principal Balance After 6 (six) Months, in tenge	PD	LGD	Formed Provisions, in tenge	Provision Coverage Ratio	Value Calculated by Bank = (14)-(17) in tenge
10	11	12	13	14	15	16	17	18	19

Information on characteristics of rights (claims) under bank loan agreements provided to individuals as of ______ 20_____ year

No.	Bank Loan Agreement Number	Date of Bank Loan Agreement	Surname, First Name, Patronymic of Borrower (if available)	Individual Identification Number of Borrower (IIN)	Interest Rate on Loan (in percent)	Remaining Principal Debt Balance, in tenge	Remaining Accrued Interest Balance, in tenge	Collateral Agreement Number Concluded to Secure the Bank Loan Agreement
1	2	3	4	5	6	7	8	9
1.
2.

continuation of the table

Date of Collateral Agreement Concluded to Secure the Bank Loan Agreement	Value of Collateral, in tenge	Number of Days of Overdue on Bank Loan Agreement (if any)	Date of Occurrence of Overdue on Principal Debt or Interest (if any)	Remaining Unpaid Principal Balance After 6 (six) Months, in tenge	PD	LGD	Formed Provisions, in tenge	Provision Coverage Ratio	Value Calculated by Bank = (14)-(17), in tenge
10	11	12	13	14	15	16	17	18	19

continuation of the table

| | | |
| --- | --- |
| Loan Amount to Collateral Value, in percent (for pool of mortgage housing loans) | Loan Type (for individuals: Consumer Loans, Auto Loans, Mortgage Housing Loans) | (for individuals and legal entities: Real Estate, Motor Vehicles, Other Intangible Assets) |
| 20 | 21 | 22 |
| | | |

For completion by the authorized body for regulation and development of the financial market (hereinafter - authorized body) and the National Bank of the Republic of Kazakhstan (hereinafter - National Bank)

continuation of the table

Expected Losses, in tenge (if information is available)	Was the Loan Included in the AQR Scope (yes or no)	Discount, in percent	Value of Non-Marketable Asset = ((14)-(23))- (14)*(25), in tenge
23	24	25	26

Note:

1) A portfolio of homogeneous bank loans is accepted as one unit of rights (claims) under bank loan agreements.

2) Columns 1-22 are filled in by the bank. Columns 23-24 are filled in by the authorized body. Columns 25-26 are filled in by the National Bank.

3) By providing information on non-marketable assets, the bank confirms that there are no restrictions and/or encumbrances, conditions prohibiting the assignment of non-marketable assets to a third party or the National Bank, disputes and obstacles to enforcement against non-marketable assets, grounds for declaring the said bank loan agreements invalid.

Appendix 3

to the Joint Resolution of the Board of the National Bank of the Republic of Kazakhstan of June 30, 2026 No. 80 and the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market of June 30, 2026 No. 102

Appendix 14

to the Rules on Last Resort Loans Provided by the National Bank of the Republic of Kazakhstan

Form

No. _______ dated "__" ______ 20_ year

Application for the Provision of
Last Resort Loan

Hereby ______

(full name of the bank)

(hereinafter - Bank) in accordance with the Rules on Last Resort Loans Provided by the National Bank of the Republic of Kazakhstan, approved by the Joint Resolution of the Board of the National Bank of the Republic of Kazakhstan of ______ 2024 year No. ____ and the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market of ______ 2024 year No. ____ (hereinafter - Rules) and the agreement on general conditions for the provision of last resort loan due to idiosyncratic liquidity shock arising as a result of

---

(specify the cause of the idiosyncratic liquidity shock)

---

requests to provide a last resort loan in the amount of ______

(amount in figures)

---

(amount in words) tenge, for a term of __ calendar days.

Correspondent account opened in the National Bank of the Republic of Kazakhstan for the provision of the last resort loan:

No. ______ .

Hereby we agree to the formation of collateral for the purpose of securing the performance of obligations under the last resort loan in the manner provided for by the Rules, and confirm that the documents, information and/or data on non-marketable assets and information on characteristics of non-marketable assets according to the form specified in Appendix 8 to the Rules, obtained by the bank from the authorized body in accordance with sub-paragraph 3) of paragraph 49 of the Rules, or in the absence thereof in accordance with sub-paragraph 3) of paragraph 32 of the Rules, are current.

The following are attached to this application (in the case of providing marketable assets as collateral for the performance of obligations under the last resort loan):

1. documents confirming ownership rights and the absence of restrictions and/or encumbrances on marketable assets;
2. information on characteristics of marketable assets according to the form specified in Appendix 15 to the Rules.

Appendix: on ___ pages

First Head of the Bank:

---

(position) (signature) (Surname, First Name and Patronymic (if available)

Note: The signature of the First Head of the Bank is affixed on each page of the information on characteristics of marketable assets attached to this application.

Appendix 4

to the Joint Resolution of the Board of the National Bank of the Republic of Kazakhstan of June 30, 2026 No. 80 and the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market of June 30, 2026 No. 102

Appendix 15

to the Rules on Last
Resort Loans Provided by the National Bank of the Republic of Kazakhstan

Form

No. ______	dated "____" ______ 20__ year

Information on Characteristics of Marketable Assets

Information on Securities as of ______ 20 __

No.	International Identification Number (ISIN Code)	Classification of Financial Instrument	Short Name of Financial Instrument	Type of Security	Name of Issuer	Quantity, pieces	Issue Date	Start of Trading Date	End of Trading Date (if available)
1	2	3	4	5	6	7	8	9	10
1.
2.
…

continuation of the table

Denomination Currency	Market Value (expressed in denomination currency)	Market Value, in tenge	Coupon, in percent	Rating (if available)	Basis for Determining Market Value	Discount (for completion by the National Bank), in percent	Value with Discount (for completion by the National Bank), in tenge
11	12	13	14	15	16	17	18

Appendix 5

to the Joint Resolution of the Board of the National Bank of the Republic of Kazakhstan of June 30, 2026 No. 80 and the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market of June 30, 2026 No. 102

Appendix 16

to the Rules on Last Resort Loans Provided by the National Bank of the Republic of Kazakhstan

Form

No. _______ dated "__" ______ 20_ year

Notification on the Provision of
Last Resort Loan

The National Bank of the Republic of Kazakhstan (hereinafter - National Bank) in accordance with the Rules on Last Resort Loans Provided by the National Bank of the Republic of Kazakhstan, approved by the Joint Resolution of the Board of the National Bank of the Republic of Kazakhstan of ______ 2024 year No. ____ and the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market of ______ 2024 year No. , (hereinafter - Rules) and the agreement on general conditions for the provision of last resort loan (hereinafter - agreement on general conditions of the loan), having considered the application for the provision of a last resort loan dated ______ 20 year No., based on the resolution of the Board of the National Bank

of ______ 20__ year No. ____ provides

---

(full name of the bank)

(hereinafter - Bank) with a last resort loan in the amount of

---

(amount in figures)

---

(amount in words) tenge, for a term of __ calendar days at __ percent per annum.

The loan is provided by the National Bank by transferring funds to the correspondent account of the Bank opened in the National Bank and specified in the application for the provision of a last resort loan dated ______ 20___ year No. ______.

The maturity date of the principal loan amount of the last resort loan is until: ______ 20__ year (inclusive).

The terms for payment of interest on the last resort loan, the terms of which are set out in this notification, are determined in accordance with the Rules, the agreement on general conditions of the loan, and the last resort loan agreement (individual loan terms).

This notification is drawn up in 3 (three) copies, each of which has equal legal force. 1 (one) copy of the notification is sent to the Bank, 2 (second) copy is sent to the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market, the third copy is kept in the National Bank.

Appendix: on ____ pages

Authorized Official of the National Bank:

---

(position) (signature) (Surname, First Name and Patronymic (if available)

Place of Seal

Place of Seal