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Chapter I. Theoretical aspects of deposit policy

Introduction.

 

The theme of the Graduation work is concentrated among the depositary market of Republic of Kazakhstan and it is very topical at the moment. Being a complex dynamic system, the deposit market of Kazakhstan is constantly feeling the effects of internal and external factors. Represented by a set of subjects, each of which seeks to realize its own interests at the same time it is in line with the major trends that have emerged in Kazakhstan's economy in recent years. In the dynamics of the deposit market, you can also define your own number of trends and patterns.
As an entity of any financial institution authorized to carry out its activities in need of financial resources, that is, the sources of funds needed to purchase buildings, equipment and technologies, working capital, provisioning, payment of wages, payments to the budget, and etc. These costs can be financed both by equity and through debt and borrowings, which constitute the bulk of the contributions of various individuals and entities or deposits.
Reforms in the banking sector of Kazakhstan carried out along with national economic transformation. The development of financial markets - money and the stock is not possible without improving the accumulation of savings. One of the priorities of ongoing banking reform is the creation and development of the deposit market, aimed at attracting temporarily free funds and the formation of internal sources of investment.
The development of any country's economy is inextricably linked with the efficiency of transfer of savings into investment. The need to attract domestic savings, the republic is due, primarily, the problem of shortage of investment resources and increase the share of foreign direct investment. In this connection it is necessary to mobilize domestic financial resources, and direct savings in the banking system credit resources.
World experience shows that there are many ways in which anyone can put their money: deposit of the banking system and other financial institutions, the purchase of highly liquid government securities, the acquisition of shares in various companies, etc. It is important that, ultimately, the invested funds were made as a factor contributing to the development of production and economic recovery.
At the present time is the competition between banks to attract private investors. In the competitive environment, banks have resorted to various forms and methods of raising funds on deposit, and the development of forms and methods of attracting deposits is a manifestation of the bank's deposit policy. Thus, developing the new types of deposits, like a short term deposits of up to 30 days. Some banks provide the investor an opportunity to withdraw the deposit interest on a quarterly basis, make contributions with compound interest, with interest, adjusted for inflation.
Scope of competition among banks to attract deposits is extensive, so it is possible to allocate the competition between commercial banks, banks and non-bank financial institutions, banks and non-financial organizations.
During the development and implementation of the bank deposit policy should provide a constant search for new opportunities, the ability of investors to raise funds by various methods, with work to increase efficiency and maximum results at minimum cost.
In an increasingly competitive deposit policy, its primary purpose is to establish effective mechanisms for the attraction of free funds in banks.



 

The purpose of Graduation Work is to show the role of depositary policy in the formation of bank resources.


Objectives of Graduation Work:
Show the structure of deposit transactions and their value;
Consider the banking system of the Republic of Kazakhstan;
Consider strategies to create a deposit policy for commercial banks;
Review international experience in deposit operations;
Analyze the ways of improving the economic mechanism for attracting deposits and deposits in the banking sector, to give specific recommendations for improving financial services to commercial banks.

The methodological basis for the work:

Issues of formation and development of the deposit, as the main source of bank resources, consecrated in many works of scientistssuch as D. Polfreman, David Ricardo,O. Lavrushin, Y. Melekhin, A. Falco, V. Melnikov, E. Zhukov, and many others.
The development and implementation of the deposit policy reflected in the work of the authors: Peter Rose, V. Sevruk, T. Vinogradova, E. Utkin, Z. Bohr, T. Velisaeva, G. Beloglazova, L. Krolivetskaya and other authors.
Intuitively, to trace the mechanism of attraction of deposits will help us the following sources: Proceedings of the Statistics Agency of Kazakhstan, press releases of the National Bank of the Republic of Kazakhstan, Statistical Bulletin of the National Bank of Kazakhstan, periodicals such as magazines - Kazakh Banks, Banking, newspapers - Panorama, Kazakhstan Pravda, Business Week and others, as well as official websites of the banks.

 

 

Chapter I. Theoretical aspects of deposit policy


Date: 2015-12-11; view: 648


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