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Criteria for Identification and Regulation of Systemically Important Banks

Alena Yur'evna Dalke et al.

Accounting, Economics and Law – A Convivium2025https://doi.org/10.1515/ael-2024-0070article
AJG 2ABDC B
Weight
0.50

Abstract

Systemically important banks play a key role in ensuring the stability of the country’s financial system. Therefore, their identification and further regulation of their activities is an important objective facing the relevant authorities. Based on this, the research aims to evaluate Kazakhstan’s criteria for determining systemic importance in banking, assess the rationale behind its specific approach, and compare it with international practices to ensure effective management of systemic risks. The study calculates a generalized indicator of systemic importance for Kazakhstani banks by applying a weighted methodology based on assets, liabilities, deposits, loan portfolios, and other financial indicators to categorize banks into systemically important, potentially systemically important, and non-systemically important categories. Systemically important banks play a crucial role in the stability of both national financial systems and economies at large. In Kazakhstan, the National Bank identifies and supervises these banks using a methodology that evaluates the size of assets and liabilities, significance to the financial infrastructure, business complexity, and economic interconnectedness. The criteria aim to quantify the systemic importance and ensure that regulations are tailored to the risk profile of each institution. As of early 2023, institutions like JSC “Halyk Savings Bank of Kazakhstan” and JSC “Kaspi Bank” are recognized as systemically important, with others deemed potentially significant. The regulation of these banks includes additional capital provisions to mitigate risks and promote financial stability. Proposed measures suggest varying regulatory intensity based on the calculated systemic importance, including enhanced credit risk management. This approach aims to diminish market concentration and encourage equity among financial entities. Despite advancements, the Kazakhstani banking sector’s evolution faces challenges, such as the need for improved financial literacy and a more competitive environment. Continuous international cooperation is essential, as global practices provide valuable insights that can refine local regulations. This integration of local and international regulatory frameworks aims to foster a resilient financial system in Kazakhstan.

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https://doi.org/https://doi.org/10.1515/ael-2024-0070

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@article{alena2025,
  title        = {{Criteria for Identification and Regulation of Systemically Important Banks}},
  author       = {Alena Yur'evna Dalke et al.},
  journal      = {Accounting, Economics and Law – A Convivium},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1515/ael-2024-0070},
}

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

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