Technical efficiency and total factor productivity in the Kazakh banking industry

Kasman, Adnan; Mekenbayeva, Kamila

doi:10.1556/032.2016.66.4.6

Cited by 5 publications

(4 citation statements)

References 34 publications

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“…They found that Egyptian banking sector experienced a decline in TFP growth at the rate of 2.55% in the whole sample period 1997-03. (Kasman and Mekenbayeva, 2016) Examined TE and TFP for Kazakh commercial banks from 2000 to 2013. Results indicated that banks in Kazakhstan operated below their optimum levels.…”

Section: Literature Reviewmentioning

confidence: 99%

Measuring the Performance of Working Banks in Egypt

Elatroush

2023

التجارة والتمويل

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Purpose: Paper aims to evaluate the performance of working banks in Egypt. Design/methodology/approach -This is done via total factor productivity (TFP) and technical efficiency(TE) through Malmquist index and data envelopment analysis (DEA). Data incorporate annual statements from 2010 to 2021 for 26 different sorts of banks. TE and TFP are regressed against bank's size, age, number of branches, and ATMs to detect their impact on TE and TFP. Findings -Results reveal discrepancy on TE and TFP among banks. Productivity gains are mainly derived from technical progress than efficiency improvements. Moreover, TE scores for net profits and investment indicators have poor performance for all banks. Provided loans' performance is not as hoped relative to collected deposits. Public banks perform better than Arab and foreign banks for size and age. Islamic banks perform better than conventional banks since they have wide range of diversified products that suit clients' preferences. Thus, banks have to set policies that aim to manage deposits and investments efficiently to enhance performance and profits. Moreover, conventional banks have to diversify products to improve performance. Small and less-productive banks have to merge with large ones to enhance performance. Originality/value -The paper aims to fill the gap for the lack of papers that measure banking performance in Egypt as a case of developing countries via TFP. Moreover, propose ways to enhance the performance of less-productive and inefficient banks.

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Section: Literature Reviewmentioning

confidence: 99%

Measuring the Performance of Working Banks in Egypt

Elatroush

2023

التجارة والتمويل

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“…-foreign direct investments and oil prices (Aizhan, Makaevna, 2011;Arazmuradov, 2016;Kalyuzhnova, Patterson, 2016;Khoich, 2012;Kupalova, Tulebayeva, 2012); -total factors productivity (Kasman, Mekenbayeva, 2016;Ziyadin, 2012); -financial integration process in the Eurasian Economic Union (Falkowski, 2012;Kebekpaeva, 2012;Knobel, 2015;Tarr, 2016); -financial sector reforms (Akimov, Dollery, 2008;Ruziev, Majidov, 2013); -stock market performing and banking sector stability (Grishko, Murzakhmetov, 2015;Nichkasova, Shmarlouskaya, Sadvokassova, 2019).…”

Section: Theory: Importance Of the Financial Market To The Local Economymentioning

confidence: 99%

The Impact of the Local Financial Market on Economic Growth: A Case Study of Kazakhstan

Nichkasova¹,

Nežinský²,

Vasylieva³

2022

EoR

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Kazakhstan’s financial market has always been the focus of the government attention as an important element of country development. Therefore, the main goal is to build a well-developed, competitive and trustworthy financial market that has a dominant influence on the economy and sustainable development. Nevertheless, this statement is true for economies that have reached a certain level of development. For countries with economies in transition, achievement of a significant level of economic growth is a prerequisite for the formation of a stable capital market and banking system, that will subsequently have a significant positive impact on economic growth. This study investigates the relationship between the local financial market and economic growth for Kazakhstan based on measures of economic growth and its components, as well as empirical indicators of banking development and stock market — size, liquidity and volatility — used as control variables that determine Kazakhstan’s economy. Time series regression analysis and Granger causality test was performed for data from 1994 to 2017 in order to design country-specific measures for financial development. The results confirmed the profile of Kazakhstan’s economy by showing that world oil prices and total investment are the most powerful factors influencing economic growth. The direction of causation for Kazakhstan comes from economic growth towards the development of the local financial market, contrary to the postulate that the development of a financial intermediary stimulates economic growth. Therefore, at this stage, the financial sector does not stimulate the economic development of Kazakhstan, but rather the economic growth based on oil production and export is a catalyst for the development of the financial sector. It should be recommended to Kazakhstan’s government to shift the focus from financial market to economic development in order to mobilise sufficient volumes of domestic and international investments to transform the economy and make a transition to sustainable growth.

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“…The financial system remains fragile and vulnerable to external shocks. The banking system is undergoing a period of adaptation to new prudential requirements, which negatively affect its ability to credit the economy (Kasman and Mekenbayeva, 2016;Ruziev and Majidov, 2013;Ziyadin, 2012). According to researchers, despite a high level of penetration of the banking system into the economy (more than 90% of enterprises have bank accounts), only 19% of them had access to lending (OECD, 2016).…”

Section: Introductionmentioning

confidence: 99%

Conceptual model for managing sustainable development of the financial market based on fuzzy cognitive maps: case study of Kazakhstan

Nichkasova

Sadvokassova

Kayupov

2021

IJEPEE

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Kazakhstan's financial market, being relatively small in size, does not have the ability to compensate for the needs of economic entities for financing development through market mechanisms. Therefore, a decision support tool is needed to ensure continued growth. The solution was to use a fuzzy cognitive map and a method for constructing indicators of the system's sustainable development which included a set of three types of subsystem: economic, financial institutions, and financial markets. The sample, containing data from between 1993 and 2018, uses 31 indicators of the economic development of Kazakhstan to reflect the ability of the system to develop in terms of depth, accessibility, efficiency, stability, integration, innovation, and cognitive approach of the economic agents. The current state of the financial market for the period up to 2025 indicates initial shallow depth and slow progress requiring increased investment, GDP growth and reduced inflation to stimulate its development.

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Technical efficiency and total factor productivity in the Kazakh banking industry

Cited by 5 publications

References 34 publications

Measuring the Performance of Working Banks in Egypt

Measuring the Performance of Working Banks in Egypt

The Impact of the Local Financial Market on Economic Growth: A Case Study of Kazakhstan

Conceptual model for managing sustainable development of the financial market based on fuzzy cognitive maps: case study of Kazakhstan

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