Digitalization trends in second-tier banks of Kazakhstan

Abstract

one of the main tasks of the sustainable development of the banking sector in Kazakhstan is the provision of financial resources. The article deals with the problems of attracting banking resources and their regulation. It is noted how the pandemic in a short period of time mobilized the digital potential of Kazakhstani banks, giving the consumer a new level of opportunity and comfort. The deposit market is an important sector for mobilizing funds and forming the resource base of a commercial bank. The level of development of the deposit market, market conditions, competition, as well as the credit market and the stability of the banking system largely depend on the efficiency of managing the deposit operations of commercial banks. An analysis was made of the composition and structure of deposit resources in the banking sector of the republic for 2016-2021. Proposals are given for further improvement of the financial support of the banks of Kazakhstan.