new requirements of the State Agency for Financial Supervision (AFS) of Kazakhstan to the minimum equity capital of commercial banks entered into force on 1 October.
FSA found that with the October 1, 2009 the minimum amount of equity for workers and newly registered in Astana and Almaty, the banks should be 5 billion tenge, for the construction of housing savings banks - 3 billion tenge, for regional banks - 2 bn.
This measure is designed to strengthen the financial position of regional banks.
In this case, that did not work, so that banks are formally recorded in any region, and in fact work in Almaty and Astana, gosregulyator set additional requirements: a bank with a capital of 2 billion tenge to at least 50% of services to provide, regions.
far requirements for the minimum equity capital of banks in Kazakhstan were as follows: for the capital of banks with no branches, - 1 billion tenge, for banks (non-affiliates) registered outside of the cities of Astana and Almaty, and housing construction savings banks - 500 million tenge. For banks with subsidiaries, the principal amount of claims has risen by 30 million tenge for each branch office, located in the provincial areas and in cities of Almaty and Astana, 15 million tenge - for each branch office located in other cities, and 10 million tenge - for each branch, located in settlements which are not cities.
Under the new rules supplement for the presence of branches remain in force and at the same level.
earlier reported that the FSA intended to July 1, 2009 to introduce new requirements for the minimum equity capital of banks: for working in Alma-Ata - 5 billion tenge, for working in the regions - 3 bn. Then the date of introduction of new requirements has been rescheduled for October 1, and new requirements for regional banks relaxed.
As the head of the FSA Elena Bakhmutova journalists on Thursday in Astana, in connection with the entry into force of the new requirements of the three Kazakh banks are at risk and seek strategic investors for dokapitalizatsii.
Three banks - Danabank, Kazinkombank (Kazakh Innovation Commercial Bank), Metrokombank - announced the search for strategic investors. They are at risk because they need to find strategic investors for the implementation of these standards, - said Bakhmutova.
She said that these banks have provided documents showing that they have the potential strategic investors. But this does not mean that these strategic investors will meet the requirements of the regulator and that they eventually become investors, - she said.
However Bakhmutova reported that the other three banks have already taken the necessary measures to dokapitalizatsii and, most likely in the next reporting date - November 1 - achieved the required level of capital.
Another 3 bank converted to regional banks, that is, they will have only 2 billion tenge capital, and they are almost at that level, - noted Bakhmutova, without specifying the names of the banks.
Kazakhstan currently operating 37 banks.
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