Agency of Kazakhstan for Regulation and Development of Financial Market prepares new changes for banking market in Kazakhstan

17.06.2024

The ARDFM intends to amend some prudential regulations for banks. Specifically, the draft resolution suggests reducing the loan-to-value ratio from 75% to 50% by January 1, 2026, as well as for syndicated loans, from 100% to 50%. It also aims to optimize the concept of "single borrower".

Additionally, the financial regulator...