Abstract
The role of the banking system in the country's economy is determined by the fact that the efficiency of investing funds largely depends on the ability of the banking system to direct these funds to those borrowers who will find ways to use them optimally and efficiently. Banks, acting in accordance with the monetary policy of the state, regulate the movement of cash flows, influencing the speed of their turnover, emission, total mass, including the amount of cash in circulation. Stabilizing the growth of the money supply is the key to reducing inflation rates and ensuring a constant price level, upon reaching which market relations affect the country’s economy in the most effective way. Consequently, the role of the banking system in the activities of the state and in the activities of economic structures is undeniable. The article examines the indicators of the state and dynamics of the banking system of the Republic of Kazakhstan as a system-forming element of the economy.