IDEAS home Printed from https://ideas.repec.org/a/bas/econst/y2018i5p135-146.html
   My bibliography  Save this article

Risk Management in the Internet Banking. The Case of Kazakhstan

Author

Listed:
  • Elena Shustova
  • Vesselin Blagoev

Abstract

The risk management in the banking sector has always been of primary concern, especially after the cases of mismanagement, which lead to big losses, and even closing down banks. For obvious reason, in the case of internet banking the risk management (RM) issues become much more complicated. This study focuses on the specifics of RM in the case of Kazakhstani banks, using as an example the policy of one of the leading banks in this area – BankCentrCredit. Kazakhstan has all the characteristics of a country which has to develop intensively the internet banking – large territory, low density of the population and as a result – very expensive coverage with bank services with the traditional methods – bank offices. We especially address the specifics of risks in case of providing digital financial services, based on artificial intelligence solutions and related robotized systems.

Suggested Citation

  • Elena Shustova & Vesselin Blagoev, 2018. "Risk Management in the Internet Banking. The Case of Kazakhstan," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 135-146.
    • Handle: RePEc:bas:econst:y:2018:i:5:p:135-146
    as

    Download full text from publisher

    File URL: https://www.ceeol.com/search/article-detail?id=733001
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Elena Shustova & Vesselin Blagoev, 2018. "M&A and Crediting: the Hybrid Growth Strategy Seems to Be the Best for the Banks in Kazakhstan," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 91-108.
    2. Ivo Županović, 2014. "Sustainable Risk Management in the Banking Sector," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 3(1), pages 81-100.
    3. David H. Pyle., 1997. "Bank Risk Management: Theory," Research Program in Finance Working Papers RPF-272, University of California at Berkeley.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vesselin Blagoev & Elena Shustova, 2019. "The National Culture Effect on the Adoption of Internet-Banking," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 19-38.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Emilia Klepczarek, 2016. "Disclosure of risk information in the European banking sector," International Economics, University of Lodz, Faculty of Economics and Sociology, issue 16, pages 350-366, December.
    2. Bezawada Brahmaiah, 2022. "Market Risk Management Practices of the Indian Banking Sector: An Empirical Study," International Journal of Economics and Financial Issues, Econjournals, vol. 12(3), pages 68-72, May.
    3. Ristanović Vladimir & Primorac Dinko & Mikić Mihaela, 2023. "Application of Multi-Criteria Assessment in Banking Risk Management," Zagreb International Review of Economics and Business, Sciendo, vol. 26(1), pages 97-117.
    4. Elena Altukhova & Vladislav Zotov & Maksim Markov, 2016. "Methodical Approaches to Risk Management in a Regional Commercial Bank," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 267-282.
    5. Jezabel Couppey, 2000. "Vers un nouveau schéma de réglementation prudentielle : une contribution au débat," Revue d'Économie Financière, Programme National Persée, vol. 56(1), pages 37-56.
    6. Roberto Ercegovac & Mario Pečarić & Ivica Klinac, 2020. "Bank Risk Profiles and Business Model Characteristics," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 9(3), pages 107-121.
    7. Eric Dei Ofosu-Hene & Peter Amoh, 2016. "Risk Management and Performance of Listed Banks in Ghana," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, vol. 2(2), pages 107-121.
    8. Awojobi, Omotola & Amel, Roya & Norouzi, Safoura, 2011. "Analysing Risk Management in Banks: Evidence of Bank Efficiency and Macroeconomic Impact," MPRA Paper 33590, University Library of Munich, Germany, revised 17 Jul 2011.

    More about this item

    JEL classification:

    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bas:econst:y:2018:i:5:p:135-146. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Diana Dimitrova (email available below). General contact details of provider: https://edirc.repec.org/data/ikbasbg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.