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ARCHIVE | Criteria | Financial Institutions | Banks: Assumptions: Credit Stress Testing Banks In Kazakhstan Dec 09
Standard & Poors, Dec 2009
Abstract
1. Standard & Poor's Rating Services is publishing its assumptions for credit stress testing of Kazakh financial institutions. 2. We today publish certain new scenario assumptions in accordance with our methodology for stress testing outlined in 'Credit Stress Testing For Financial Institutions,' published on April 29, 2009. Under our base-case scenario, we assume that systemwide cumulative credit losses on nonfinancial private-sector loans in Kazakhstan will represent 24% of these loans over the 2009-2011 period. Under our downside scenario, we assume the figure to be 42%. We assume lower loss rates for nondefaulted banks at 15% for our base-case scenario and 32% for our downside scenario. 3. We will review the credit ratings on Kazakh banks in light of these scenario...
Companies mentioned in this report are: Republic of Kazakhstan,Kazkommertsbank (JSC),Halyk Savings Bank of Kazakhstan,JSC AsiaCredit Bank,BTA Bank J.S.C.,JSC Nurbank,Tsesna Bank,BTA Ipoteka Mortgage Co.,Alliance Bank JSC,JSC Eurasian Bank,Temirbank JSC,KazInvestBank
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
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