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

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 excha...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Staff Country Reports; Country Report ; No. 2004/338
Online Access:Full text available on IMF
Description
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.
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Physical Description:1 online resource (123 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students