MERGERS AND ACQUISITIONS AS A FACTOR STABILIZATION OF THE BANKING SECTOR OF KAZAKHSTAN
Abstract
Purpose of the study is to consider the features of mergers and acquisitions of commercial banks in Kazakhstan, to analyze the causes of mergers and acquisitions in the context of destabilization of the banking sector.
Methodology - in this study was used general scientific and special research methods, including methods of system analysis and synthesis, theoretical generalization, and scientific abstraction.
Originality / value - the nature, purpose, causes and international practice of consolidation in the banking sector have been studied, the main forms have been identified and features of mergers and acquisitions in Kazakhstan, its socio-economic consequences have been identified.
Conclusions - the influence of the banking sector on the development of the national economy remains extremely low; the main directions for increasing the role of banks should be: consolidation of banks, improving the quality and effectiveness of government regulation and supervision, improving risk management and corporate governance.
About the Authors
S. A. Svyatov
Narxoz University
Kazakhstan
Kazakhstan
Doctor of Economics, Professor
Almaty
A. N. Doldina
Narxoz University
Kazakhstan
Kazakhstan
PhD student
Almaty
References
1. The shareholders have filed a lawsuit against the English bank for £ 4 billion [Electronic resource]. URL: http://fitcurves.kz/?p=1071 (date 04.03.2019).
2. Gaughan, P.A. (2007). Mergers, Acquisitions, and Corporate Restructurings. 4th ed. New Jersey: John Wiley & Sons, Inc.
3. Okonkwo, C.O. (2004). ‘Legal framework for mergers and acquisitions’. Central Bank of Nigeria publishers
4. Statistics National Bank of Kazakhstan [Electronic resource] .- 2019. URL: http://www.nationalbank.kz (date 04.03.2019)
5. Fitch Ratings Data base 2019.- URL: http://www.fitchratings.com - (date 04.03.2019)
6. Pietro Calice, Leone Leonida.-Concentration in the Banking Sector and Financial Stability.New Evidence.World bank group.October 2018.
Review
For citations:
Svyatov S.A., Doldina A.N. MERGERS AND ACQUISITIONS AS A FACTOR STABILIZATION OF THE BANKING SECTOR OF KAZAKHSTAN. Central Asian Economic Review. 2019;(2):182-191. (In Russ.)
Views:
744
Email this article 