The procedure for creating provisions in accordance with IFRS 9 in second-tier banks of Kazakhstan

Authors

  • Aigerim Saidulla Abdullakyzy Master Student, NSC NARXOZ UNIVERSITY, The Republic of Kazakhstan, Almaty
  • Aliya Miyazhdenova Nurgaliyeva candidate of economic science, PHD, Associate Professor, NSC NARXOZ UNIVERSITY, The Republic of Kazakhstan, Almaty

Keywords:

assets, provisions, credit risk, IFRS 9, second-tier banks, economic conditions of 2024

Abstract

One of the key factors for the stability and reliability of second-tier banks (STBs) is the creation of provisions to cover credit losses. In the context of current economic realities and the influence of global financial changes, the need for accurate assessment and creation of reserves has become increasingly relevant. This article examines the procedure for creating provisions in accordance with IFRS 9, emphasizing its significance in enhancing trust in Kazakhstan's banking system

Published

2024-11-25

How to Cite

Aigerim Saidulla Abdullakyzy, & Aliya Miyazhdenova Nurgaliyeva. (2024). The procedure for creating provisions in accordance with IFRS 9 in second-tier banks of Kazakhstan. Scientific Research and Experimental Development, (8). Retrieved from https://ojs.publisher.agency/index.php/SRED/article/view/4669

Issue

No. 8 (2024): Scientific Research and Experimental Development

Section

Economic Sciences

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.