Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (hereinafter referred to as the Agency), within its emerging risk management practice, has developed a "Guide for calculation of economic capital" (hereinafter referred to as the Guide) for second-tier banks.

The Guide ensures more accurate compliance with capital requirements, increased resistance of banks to foreign investors and introduction of sound management decisions.

The document includes methodological recommendations for calculation of economic capital for significant types of risks – credit, market, operational and interest rate risk of the banking book (IRRBB).

The Guide was developed in line with the international standards of the Basel Committee on Banking Supervision and the European Banking Authority. Compliance with international standards allows banks to implement the best global practices, increase competitiveness and financial stability.

Text of the Guide is available on the official Internet resource of the Agency.

External Communications Directorate

press@finreg.kz 

Source : https://www.gov.kz/memleket/entities/ardfm/press/news/details/1004332?lang=kk