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MANAGING CREDIT RISKS AND IT’S ANALYSIS IN THE SECOND TIER FINANCIAL INSTITUTIONS IN KAZAKHSTAN (ON THE EXAMPLE OF ATF BANK)

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Аннотация

Научная статья посвящена центральной концепции риска и развитию риск-менеджмента в банковском секторе Республики Казахстан на основе тематического исследования АО «АТФ Банк» (casestudy). В ходе исследования выявлено, что в процессе перехода от централизованного планирования к рыночной экономике, характеризующийся постепенной либерализацией и быстрой финансовой экспансией, казахстанские банки были мотивированы рассматривать риск вторичным по отношению к росту. В результате банковский сектор, как правило, занимался подпаритетными операциями по управлению рисками, что могло бы привести к неудачной схеме концентрации риска в течение 2000-х годов.

Об авторах

T. B. Akhmetov
University Narxoz
Казахстан


N. B. Ussenbayev
University Narxoz
Казахстан


N. M. Mustapayeva

Казахстан


Список литературы

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18. Komekbaeva, L. S., Bulekbayeva, G. K. Credit policy of the second-tier banks of Kazakhstan in condition of free floating of the national currency [Electronic source] // Bulletin of the Karaganda University. – 2016. – URL: https://articlekz.com/en/article/14482 (Accessed 3 July 2018)

19. DKnews The freeze in the introduction of Basel III discards the banking system of Kazakhstan for years [Electronic source] // DKnews. – 2016. – September 9. – URL: http://dknews.kz/finance/97-banks/574-zamorozka-vnedreniya-bazel-iii-otbrasy-vaet-bankovskuyu-sistemu-kazahstana-na-gody-nazad.html (Accessed 12 June 2017)

20. Tumenbayeva, S.O., Zhaksybekova G.N. Implementation of the Integrated System of Risk Management in the Banks of Kazakhstan // Indian Journal of Science and Technology. – 2016. – № 9 (5). – pp.1-8. DOI: 10.17485/ijst/2016/v9i5/87607

21. Hao, C., Moudud Alam, M. M., Carling, K. Review of the literature on credit risk modeling: development of the past 10 years // Banks and Bank Systems. – 2010. – № 5 (3). – pp. 43-60.

22. National Bank of Kazakhstan Compliance report 2017 (compliance with prudential normative requirements) [Electronic source]. – 2017. – URL: http://www.nationalbank.kz/?docid=671&switch=english (Accessed 25 June 2018)

23. Sahin, O. Risk Management for Banks: Evidence from Banks of Kazakhstan [Electronic source] // The Journal of Faculty of Economics and Administrative Sciences. – 2011. – № 16 (1). – pp. 315-332. – URL: http://dergipark.gov.tr/download/article-file/194526 (Accessed 25 June 2018)

24. Gordeyeva, M. UniCredit May Sell ATF Bank to Kazakh Firm for $500 million [Electronic source] // Reuters. – 2013. – January 31. – URL: http://www.reuters.com/article/2013/01/31/us-unicredit-kazakhstanidUSBRE90U0O220130131 (Accessed 25 June 2018)

25. Kodasheva, G., Nadezhda Parusimova N., Rispekova, M., Uchkampirova, A. Actual problems of development of the banking sector in the economy of Kazakhstan // Banks and Bank Systems. – 2017. – № 12 (3). – pp. 257-268. doi:10.21511/bbs.12(3-1)

26. Evdokimova, T. (2017), "Kazakhstan: Banking sector clean-up – better late than never", research, Nordea Markets, 17 August, available at: https://e-markets.nordea.com/#/article/39711/kazakhstan-bankingsector-clean-up-better-late-than-never (Accessed 3 July 2018)

27. Talimova, L.A., Kalkabaeva, G.M. (2015), "The Interaction of the Banking and Real Sector of the Economy of Kazakhstan", Mediterranean Journal of Social Sciences, Vol. 6, No. 3, pp. 313-318.

28. Reuters (2012), "Kazakh bank BTA wins creditor backing for debt deal", 5 December, available at: https://www.reuters.com/article/kazakhstan-bta-idUSL5E8N57ND20121205 (accessed 3 July 2018).

29. IMF (2014), "The Republic of Kazakhstan: Financial system stability assessment", IMF Country report, No. 14/258, August, available at: https://www.imf.org/external/pubs/ft/scr/2014/cr14258.pdf (accessed 3 July 2018).

30. Country Risk Service (2017), "Kazakhstan: Banking sector risk", The Economist Intelligence Unit, available at: http://www.eiu.com/industry/article/785686862/kazakhstan-banking-sector-risk/2017-07-07 (accessed 3 July 2018).

31. ATF Bank (2018), "Management", available at: http://www.atfbank.kz/index.php/en/about-bank/management.html (accessed 25 June 2018).

32. Reinhardt, O. (2008), "Kazakh banks: outlook for 2008. Investor trip notes", research, ING wholesales baking, 8 February, available at: bta.kz/en/files/en_investor_analitycs_itn08022008.pdf (accessed 3 July 2018)

33. Sergenti, E., Praagh, A. (2016), "Moody's downgrades Kazakhstan's rating to Baa3 with negative outlook, concluding review for downgrade", research, Moody’s investor service, 22 April, available at: https://www.moodys.com/research/Moodys-downgrades-Kazakhstans-rating-to-Baa3-with-negative-outlookconcluding--PR_347131 (accessed 25 June 2018)

34. Isakov, S., Sovgura, Y. (2018), "Moody's stabilizes Kazakhstan banking system outlook on improved solvency", research, Moody’s investor service, 14 March, available at: https://www.moodys.com/research/Moodys-stabilizes-Kazakhstan-banking-system-outlook-on-improved-solvency--PR_380787 (accessed 25 June 2018).

35. Arnabekova, E. (2017), "S&P: Kazakhstan sovereign rating outlook revised to "Stable", research", Halyk finance, 11 September, available at: http://www.halykfinance.kz/en/site/index/research/news:108374 (accessed 25 June 2018)

36. Merekenova, M. (2014), "ATF Bank JSC: ATFBank JSC remains among the market leaders on reduction of NPLs", 4-Traders, 1 August, available at: http://www.4-traders.com/news/ATF-Bank-JSCATFBank-JSC-remains-among-the-market-leaders-on-reduction-of-NPLs--18833383/ (accessed 3 July 2018).

37. Reuters (2014), "RPT-Fitch: Kazakhstan NPL Clean-Up Uncertain, May Be Rating Positive", available at: http://www.reuters.com/article/2014/06/03/fitch-kazakhstan-npl-clean-up-uncertainidUSFit70332020140603 (accessed 25 June 2018).

38. Uatkhanov, Y. (2015), "Kazakh Banks Face Moderate Devaluation Challenges", The Astana Times, 21 October, available at: https://astanatimes.com/2015/10/kazakh-banks-face-moderate-devaluation-challenges/ (accessed 25 June 2018).

39. Basel Committee on Banking Supervision (1988), "International Convergence of Capital Measurement and Capital Standards", available at: http://www.bis.org/publ/bcbs04a.pdf (accessed 3 July 2018).

40. Basel Committee on Banking Supervision (2010), "Basel III: A Global Regulatory Framework for more resilient banks and banking systems", available at: http://www.bis.org/publ/bcbs189.pdf (accessed 3 July 2018).

41. Tengrynews (2014), "Kazakhstan Banks to Start Transition to Basel III in 2015", available at: http://en.tengrinews.kz/companies/Kazakhstan-banks-to-start-transition-to-Basel-III-in-2015-24791/ (accessed 24 December 2014)

42. Sadibekova, A., Sairambaeva, Z. (2017), "Basel III implementation: problems and challenges for Kazakhstan banking system", Evraziiskii Soyuz Uchenykh, available at: http://euroasia-science.ru/yuridicheskie-nauki/basel-iii-implementation-problems-and-challenges-for-kazakhstan-banking-system/ (accessed 3 July 2018).

43. Komekbaeva, L.S., Bulekbayeva, G.K. (2016), "Credit policy of the second-tier banks of Kazakhstan in condition of free floating of the national currency", Bulletin of the Karaganda University, available at: https://articlekz.com/en/article/14482 (accessed 3 July 2018).

44. DKnews (2016), "The freeze in the introduction of Basel III discards the banking system of Kazakhstan for years", DKnews, 9 September, available at: http://dknews.kz/finance/97-banks/574-zamorozka-vnedreniyabazel-iii-otbrasy-vaet-bankovskuyu-sistemu-kazahstana-na-gody-nazad.html (accessed 12 June 2017).

45. Tumenbayeva, S.O., Zhaksybekova G.N. (2016), "Implementation of the Integrated System of Risk Management in the Banks of Kazakhstan", Indian Journal of Science and Technology, Vol 9 No. 5, pp.1-8. DOI: 10.17485/ijst/2016/v9i5/87607

46. Hao, C., Moudud Alam, M.M., Carling, K. (2010), "Review of the literature on credit risk modeling: development of the past 10 years", Banks and Bank Systems, Vol. 5 No. 3, pp.43-60,

47. National Bank of Kazakhstan (2017), "Compliance report 2017 (compliance with prudential normative requirements)", available at: http://www.nationalbank.kz/?docid=671&switch=english (accessed 25 June 2018).

48. Sahin, O. (2011), "Risk Management for Banks: Evidence from Banks of Kazakhstan", The Journal of Faculty of Economics and Administrative Sciences, Vol. 16 No. 1, pp. 315-332, available at: http://dergipark.gov.tr/download/article-file/194526 (accessed 25 June 2018)

49. Gordeyeva, M. (2013), "UniCredit May Sell ATF Bank to Kazakh Firm for $500 million", Reuters, 31 January, available at: http://www.reuters.com/article/2013/01/31/us-unicredit-kazakhstanidUSBRE90U0O220130131 (accessed 25 June 2018).

50. Kodasheva, G., Nadezhda Parusimova N., Rispekova, M., Uchkampirova, A. (2017), "Actual problems of development of the banking sector in the economy of Kazakhstan", Banks and Bank Systems, Vol. 12 No. 3, pp. 257-268. doi:10.21511/bbs.12(3-1)


Для цитирования:


Akhmetov T.B., Ussenbayev N.B., Mustapayeva N.M. MANAGING CREDIT RISKS AND IT’S ANALYSIS IN THE SECOND TIER FINANCIAL INSTITUTIONS IN KAZAKHSTAN (ON THE EXAMPLE OF ATF BANK). Central Asian Economic Review. 2018;(3):71-80.

For citation:


Akhmetov T.B., Ussenbayev N.B., Mustapayeva N.M. MANAGING CREDIT RISKS AND IT’S ANALYSIS IN THE SECOND TIER FINANCIAL INSTITUTIONS IN KAZAKHSTAN (ON THE EXAMPLE OF ATF BANK). Central Asian Economic Review. 2018;(3):71-80.

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ISSN 2224-5561 (Print)