TY  - BOOK
AU  - Hoelscher,David S.
TI  - Banking System Restructuring in Kazakhstan
T2  - IMF Working Papers; Working Paper
SN  - 145185188X :
SN  - 1018-5941
PY  - 1998///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Banking System
KW  - imf
KW  - Banking
KW  - Commercial Banks
KW  - Nonperforming Loans
KW  - Recapitalization
KW  - Kazakhstan
N2  - This paper reviews financial restructuring in Kazakhstan, and the condition of the financial system in the period following independence. The authorities' efforts to redress financial sector weaknesses fall into two phases: The first phase addressed the immediate crises in the banking system by slowing bank licensing, tightening prudential regulations, and dealing with large nonperforming loans. The next phase saw reforms to regulatory and institutional structures. The paper shows that, by the end of 1997, substantial reforms in the structure of the financial system had been accomplished and a major financial collapse avoided. However, the banking system had not begun to play an active role in financial intermediation
UR  - http://elibrary.imf.org/view/IMF001/00647-9781451851885/00647-9781451851885/00647-9781451851885.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451851885
ER  -