Publication:
Financial Sector Assessment Program Update : Republic of Kazakhstan - Bank Profitability and Competition
dc.contributor.author | International Monetary Fund | |
dc.contributor.author | World Bank | |
dc.date.accessioned | 2013-10-03T18:09:22Z | |
dc.date.available | 2013-10-03T18:09:22Z | |
dc.date.issued | 2004-08 | |
dc.description.abstract | The purpose of this note is to explore the reasons for a comparatively high interest rate spread in Kazakhstan in the context of competition in the banking sector. In spite of significant gains in efficiency made in recent years, operational costs and provisioning for loan losses remain high compared to some other economies. Profitability of the aggregate banking system has increased in the face of lower interest spreads. A highly concentrated banking system could be an indicator of lack of competition, but it needs to be assessed with contestability conditions (openness to entry of banks). The lack of license applications since 2001 raises questions about the attractiveness of entry by new banks. Competitive and market contestability conditions will be further enhanced with the authorities' continuation of strong macroeconomic and financial policies, improvements in financial sector regulation and enforcement thus continuing the achievements during the last five years. Administrative measures to control interest rates (for instance, the ceiling on deposit rates introduced by the Deposit Insurance Fund and tax incentives) only distort financial intermediation, and are likely to be counterproductive. | en |
dc.identifier | http://documents.worldbank.org/curated/en/2004/08/18004498/kazakhstan-bank-profitability-competition-technical-note | |
dc.identifier.uri | http://hdl.handle.net/10986/16064 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | World Bank, Washington, DC | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo/ | |
dc.subject | ACCOUNTING | |
dc.subject | ACCOUNTING FRAMEWORK | |
dc.subject | BALANCE SHEET | |
dc.subject | BANK ASSETS | |
dc.subject | BANK BRANCHES | |
dc.subject | BANK LENDING | |
dc.subject | BANK MARGINS | |
dc.subject | BANK POLICY | |
dc.subject | BANK PROFITABILITY | |
dc.subject | BANK REGULATIONS | |
dc.subject | BANK SECRECY | |
dc.subject | BANKING INDUSTRY | |
dc.subject | BANKING MARKET | |
dc.subject | BANKING MARKETS | |
dc.subject | BANKING SECTOR | |
dc.subject | BANKING SERVICES | |
dc.subject | BANKING SYSTEM | |
dc.subject | BANKING SYSTEMS | |
dc.subject | BANKS | |
dc.subject | BORROWING | |
dc.subject | BRANCH NETWORKS | |
dc.subject | BROAD MONEY | |
dc.subject | CAPITAL ACCOUNT | |
dc.subject | CAPITAL ACCOUNT LIBERALIZATION | |
dc.subject | CAPITAL MARKETS | |
dc.subject | COMMERCIAL BANKS | |
dc.subject | CONSUMER PROTECTION | |
dc.subject | COST STRUCTURE | |
dc.subject | COUNTRY COMPARISONS | |
dc.subject | CREDIT BUREAUS | |
dc.subject | CREDIT RISK | |
dc.subject | CREDIT RISKS | |
dc.subject | CREDITOR | |
dc.subject | CREDITOR RIGHTS | |
dc.subject | DEBIT CARDS | |
dc.subject | DEPOSIT | |
dc.subject | DEPOSIT INSURANCE | |
dc.subject | DEPOSIT RATE | |
dc.subject | DEPOSIT RATES | |
dc.subject | DEPOSITORS | |
dc.subject | DEPOSITS | |
dc.subject | DOMESTIC BANKING | |
dc.subject | ECONOMIC CRISIS | |
dc.subject | ECONOMIC GROWTH | |
dc.subject | ENTRY REQUIREMENTS | |
dc.subject | EXTRAORDINARY INCOME | |
dc.subject | FINANCIAL DEEPENING | |
dc.subject | FINANCIAL INFORMATION | |
dc.subject | FINANCIAL INTERMEDIATION | |
dc.subject | FINANCIAL MARKETS | |
dc.subject | FINANCIAL POLICIES | |
dc.subject | FINANCIAL SECTOR | |
dc.subject | FINANCIAL SYSTEMS | |
dc.subject | FLEXIBLE EXCHANGE RATE | |
dc.subject | FLEXIBLE EXCHANGE RATE REGIME | |
dc.subject | FOREIGN BANK | |
dc.subject | FOREIGN BANK ENTRY | |
dc.subject | FOREIGN BANKS | |
dc.subject | FOREIGN CURRENCY | |
dc.subject | FOREIGN ENTRY | |
dc.subject | FOREIGN EXCHANGE | |
dc.subject | GOVERNMENT SECURITIES | |
dc.subject | HOUSING | |
dc.subject | INCOME GROUPS | |
dc.subject | INFLATION | |
dc.subject | INFLATION RATE | |
dc.subject | INFORMATION ON BORROWERS | |
dc.subject | INTEREST EXPENSE | |
dc.subject | INTEREST EXPENSES | |
dc.subject | INTEREST INCOME | |
dc.subject | INTEREST INCOMES | |
dc.subject | INTEREST RATE | |
dc.subject | INTEREST RATE SPREAD | |
dc.subject | INTEREST RATE SPREADS | |
dc.subject | INTEREST RATES | |
dc.subject | INTERNATIONAL BANK | |
dc.subject | INTERNATIONAL CAPITAL | |
dc.subject | INTERNATIONAL CAPITAL MARKETS | |
dc.subject | INTERNATIONAL FINANCIAL STATISTICS | |
dc.subject | INTERNATIONAL MARKETS | |
dc.subject | INTERNATIONAL STANDARDS | |
dc.subject | INVESTING | |
dc.subject | INVESTMENT DISPUTES | |
dc.subject | JUDICIAL SYSTEM | |
dc.subject | LACK OF COMPETITION | |
dc.subject | LAWS | |
dc.subject | LEVEL OF INTEREST RATES | |
dc.subject | LOAN | |
dc.subject | LOANABLE FUNDS | |
dc.subject | LOSS STATEMENTS | |
dc.subject | MACROECONOMIC STABILITY | |
dc.subject | MACROECONOMIC UNCERTAINTY | |
dc.subject | MARKET PARTICIPANTS | |
dc.subject | MONETARY FUND | |
dc.subject | MONOPOLY | |
dc.subject | MORTGAGE | |
dc.subject | MORTGAGE COMPANY | |
dc.subject | MORTGAGE CREDIT | |
dc.subject | MORTGAGE LENDING | |
dc.subject | MORTGAGE LOANS | |
dc.subject | MORTGAGES | |
dc.subject | MUTUAL FUND | |
dc.subject | MUTUAL FUND INDUSTRY | |
dc.subject | NET INTEREST MARGIN | |
dc.subject | NEW ENTRANTS | |
dc.subject | NONBANK FINANCIAL INSTITUTIONS | |
dc.subject | OPERATING COSTS | |
dc.subject | OPERATING EXPENSES | |
dc.subject | OPERATING INCOME | |
dc.subject | OVERHEAD COSTS | |
dc.subject | POWER PARITY | |
dc.subject | PRIVATE SECTOR CREDIT | |
dc.subject | PRIVATIZATION | |
dc.subject | PRODUCTIVITY | |
dc.subject | PROFITABILITY | |
dc.subject | PROPERTY RIGHTS | |
dc.subject | PROPERTY RIGHTS ENFORCEMENT | |
dc.subject | PROVISIONING RULES | |
dc.subject | PRUDENTIAL REGULATIONS | |
dc.subject | PURCHASING POWER | |
dc.subject | REAL ESTATE | |
dc.subject | REAL ESTATE INVESTMENT | |
dc.subject | REGULATORY AUTHORITIES | |
dc.subject | REGULATORY AUTHORITY | |
dc.subject | REGULATORY CAPITAL | |
dc.subject | REGULATORY RESTRICTIONS | |
dc.subject | RESERVE | |
dc.subject | RESERVE REQUIREMENTS | |
dc.subject | RESERVES | |
dc.subject | RESTRICTIONS ON ENTRY | |
dc.subject | RETURN | |
dc.subject | RETURN ON ASSETS | |
dc.subject | ROA | |
dc.subject | SAVINGS | |
dc.subject | SAVINGS BANK | |
dc.subject | SECRECY LAW | |
dc.subject | SECURITIES | |
dc.subject | SETTLEMENT | |
dc.subject | SHARE OF ASSETS | |
dc.subject | SHAREHOLDERS | |
dc.subject | STATEMENT | |
dc.subject | STOCK DATA | |
dc.subject | SUPERVISION OF BANKS | |
dc.subject | SUPERVISORY AUTHORITIES | |
dc.subject | TAX | |
dc.subject | TAX INCENTIVES | |
dc.subject | TIME DEPOSIT | |
dc.subject | TRADE SECTORS | |
dc.subject | WORLD DEVELOPMENT INDICATORS | |
dc.title | Financial Sector Assessment Program Update : Republic of Kazakhstan - Bank Profitability and Competition | en |
dspace.entity.type | Publication | |
okr.date.disclosure | 2013-07-15 | |
okr.doctype | Economic & Sector Work :: Financial Sector Assessment Program (FSAP) | |
okr.doctype | Economic & Sector Work | |
okr.docurl | http://documents.worldbank.org/curated/en/2004/08/18004498/kazakhstan-bank-profitability-competition-technical-note | |
okr.globalpractice | Macroeconomics and Fiscal Management | |
okr.globalpractice | Finance and Markets | |
okr.globalpractice | Trade and Competitiveness | |
okr.identifier.externaldocumentum | 000333037_20130715145407 | |
okr.identifier.internaldocumentum | 18004498 | |
okr.identifier.report | 79205 | |
okr.language.supported | en | |
okr.pdfurl | http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/07/15/000333037_20130715145407/Rendered/PDF/792050WP0Kazak0Box0377369B00Public0.pdf | en |
okr.region.administrative | Europe and Central Asia | |
okr.region.country | Kazakhstan | |
okr.sector | Finance :: General finance sector | |
okr.theme | Rule of law :: Legal institutions for a market economy | |
okr.theme | Financial and private sector development :: Regulation and competition policy | |
okr.theme | Financial and private sector development :: Standards and financial reporting | |
okr.theme | Financial and private sector development :: Other financial and private sector development | |
okr.theme | Trade and integration :: International financial architecture | |
okr.topic | Finance and Financial Sector Development :: Financial Intermediation | |
okr.topic | Macroeconomics and Economic Growth :: Investment and Investment Climate | |
okr.topic | Finance and Financial Sector Development :: Debt Markets | |
okr.topic | Banks and Banking Reform | |
okr.topic | Private Sector Development :: Emerging Markets | |
okr.unit | Financial Sector Assessment Prog (FFSFP) | |
okr.volume | 1 of 1 |
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