Analysis of the banking system of Kazakhstan in terms of the present crisis

Abstract

The article devoted to the problematic issues of the modern banking system of Kazakhstan. Increased consumer and investment demand, coupled with the growth of business activity of the subject of the economy, has caused a steady growth of the banking sector in the pre-crisis period. At the same time it increased annually debits of banks, the real estate market and the construction industry formed the «bubbles» in asset prices, obviously there has been a crisis. Also article is deals the pre-crisis «credit bottom» left the banking sector with a large volume of non-performing loans, which have become the post-crisis for the banking system of Kazakhstan the main problem. Analyzes urgent measures to implement the principles and objectives adopted in the concept of development of the financial sector of the Republic of Kazakhstan till 2030 in accordance with the realities of the moment.
Key words: economy, Republic of Kazakhstan, system of bank, the Concept of development of financial sector, global economy crises.