Republic of Kazakhstan: Financial Sector Assessment Program Update—Technical Note—Bank Profitability and Competition
IMF Staff Country Reports, October 27, 2004
Source details
- Canonical URL
- Republic of Kazakhstan: Financial Sector Assessment Program Update—Technical Note—Bank Profitability and Competition
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Bibliographic details
- Published: October 27, 2004
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451820874.002
Key findings
- Explores reasons for a comparatively high interest rate spread in Kazakhstan in the context of competition in the banking sector.
- Operational costs and provisioning for loan losses remain high compared with some other economies despite significant gains in efficiency made in recent years.
- Rapid progress is being made in developing an efficient banking sector; further improvements will depend on good supervisory and regulatory enforcement.
- The level of financial intermediation is high among neighboring countries and growing, but is still low in broader comparisons.
Subject coverage and keywords
- Subjects: Banking, Commercial banks, Financial institutions, Financial regulation and supervision, Foreign exchange, Loan loss provisions, Loans, National accounts, Personal income
- Keywords: bank, banking system, banks in Kazakhstan, Central Asia, Commercial banks, CR, deposit, deposit rate, East Africa, income, interest income, interest margin, ISCR, largest bank, lending, Loan loss provisions, Loans, Middle East, North Africa, operating income, Personal income
Publication and document specifics
- Pages: 27
- Volume: 2004
- Issue: 336
- Series: Country Report No. 2004/336
- DOI: https://doi.org/10.5089/9781451820874.002
- Stock No: 1KAZEA0022004
- ISBN: 9781451820874
- ISSN: 1934-7685
- Publication date shown on page: October 27, 2004
International Monetary Fund. "Republic of Kazakhstan: Financial Sector Assessment Program Update—Technical Note—Bank Profitability and Competition", IMF Staff Country Reports 2004, 336 (2004).