Trends in the Development of the Commercial Banking System in a Market Economy
Journal Title: Webology - Year 2020, Vol 17, Issue 1
Abstract
The purpose of this work is to study current trends in the development of the banking system, study the world banking experience and its adaptation in local conditions. Economic analysis, evaluation of the second-tier banks in the Republic of Kazakhstan, as well as the structure, quality of the Bank's liabilities, the role and features of the Bank's equity formation analyzed on the example of Kazakhstan's commercial banks. Commercial banks regulate cash flows that ensure efficient use of financial resources by all society, especially, first, credit money and their inflow into the industry, which bring significant and maximum profit in the economy. Currently, the country's monetary system has undergone structural changes, which have also occurred in commercial banking services. In a market economy, an economic review of the trends and level of development of the banking system in the Republic of Kazakhstan and issues of its further development conducted. In a market economy, examined the status and features of functioning of system of a commercial Bank in formation of the optimum economic potential of Kazakhstan's economy in the direction of strategic development. When determining the level and trends of development of the banking system in the Republic of Kazakhstan in a market economy, the opportunities for the development of its types corresponding to the economy of Kazakhstan identified; recommendations on the use of appropriate models are developed.
Authors and Affiliations
Almagul Kairgalievna Oteshova, Natalia Alekseevna Prodanova, Tatiana Leonidovna Melekhina and Nadezhda Konstantinovna Gavrilieva
Keywords
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