Republic of Kazakhstan: Financial Sector Assessment Program Update—Detailed Assessments and Updates of Financial Sector Standards and Codes

Publication Date:

October 27, 2004

Electronic Access:

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Summary:

This paper presents a Detailed Assessment and Updates of Financial Sector Standards and Codes for Kazakhstan. The assessment reveals that although Kazakhstan’s banking system is liquid, there are significant variations from bank to bank, with the distinctions between the tenge and foreign exchange liquidity being quite important. An appropriate body of commercial law is in place, and both banks and the supervisory authority express general satisfaction with the functioning of the systems for registration of collateral and enforcement of security interests.

Series:

Country Report No. 2004/338

Subject:

English

Publication Date:

October 27, 2004

ISBN/ISSN:

9781451820911/1934-7685

Stock No:

1KAZEA0042004

Pages:

123

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