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State of corporate governance in JSC “People’s bank of Kazakhstan”

https://doi.org/10.46914/1562-2959-2020-1-4-269-273

Abstract

High-quality corporate governance is a prerequisite for the success of the bank in the competitive market. In its turn, an efficiently built corporate governance system helps the company increase profits, build the right development vector, as corporate governance provides the basis for setting goals for the company, as well as identifying tools for their achievement and control. Banks that plan to increase their competitiveness over western competitors need to deal closely with corporate governance issues. On the one hand, to strengthen the corporate governance system or build an effective management system, as well as to establish the selection of reliable counterparties. JSC “People’s bank of Kazakhstan” implements a similar corporate governance practice also in other Halyk Group organizations, and believes that this contributes to the improvement and uniform understanding of corporate governance principles throughout the group. The topic of corporate governance is of interest to both companies in the real sector of the economy and their partners and contractors to increase capitalization. The corporate governance principles are designed to achieve economic goals, improving investor confidence, the correct distribution of capital of companies.

About the Authors

Zh. A. Bekpayeva
Almaty Management University
Kazakhstan
PhD student


N. V. Nikiforova
Almaty Management University
Kazakhstan
d.e.s., professor


References

1. Godovoi otchet AO «Narodnyi Bank Kazakhstana» za 2019 g.: https://halykbank.kz/about-bank/korporativnoe-upravlenie.

2. Suverennyi reiting na investitsionnom urovne: ofitsial'nyi sait AO «Narodnyi Bank Kazakhstana»: https://halykbank.kz/.

3. Pravila korporativnoi etiki AO «Narodnyi Bank Kazakhstana» za 2019 g.: https://halykbank.kz/storage/app/media/Korporotivniy/3.pdf.

4. Korporativnoe upravlenie v kommercheskikh bankakh. KazReferat.info. URL: http://www.kazreferat.info/read/korporativnoe-upravlenie-v-kommercheskih-bankah-MTI2NzAy.

5. Kodeks korporativnogo upravleniya vAO «Narodnyi Bank Kazakhstana»: https://halykbank.kz/storage/app/media/Korporotivniy/Izmenenye%20sovet%20deriktorov/Kodeks/2007.pdf.


Review

For citations:


Bekpayeva Zh.A., Nikiforova N.V. State of corporate governance in JSC “People’s bank of Kazakhstan”. Bulletin of "Turan" University. 2020;(4):269-273. (In Russ.) https://doi.org/10.46914/1562-2959-2020-1-4-269-273

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ISSN 1562-2959 (Print)
ISSN 2959-1236 (Online)