The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan has, for the first time, applied capital adequacy buffers to banks based on the results of supervisory stress testing. The bank-by-bank buffer calculated from the 2024 exercise is set at between 0% and 3% of the sum of risk-weighted assets and contingent liabilities, differentiated by risk level. Following the 2024 supervisory stress test, each bank received a letter containing its stress-testing results, the applicable buffer size and recommendations on capital. The step concludes the Agency’s latest cycle of risk-based bank supervision, which also included a Supervisory Review and Evaluation Process (SREP) assessment and ongoing asset quality review (AQR), and the 2024 stress test report has been published on the Agency’s website.
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan 2025-04-18
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan applies first stress-test-based capital buffers of 0%–3% to banks
Kazakhstan's Financial Market Agency has set capital adequacy buffers for banks, based on 2024 stress test results, ranging from 0% to 3% of risk-weighted assets and contingent liabilities. Each bank received individual results, buffer sizes, and capital recommendations, concluding the latest risk-based supervision cycle. The 2024 stress test report is available on the Agency's website.