Risk Analysis and Stress Testing Department

Key Functions of the Department:

1) promoting the stability of the banking system of the Republic of Kazakhstan by assessing asset quality and conducting stress testing of second-tier banks;

2) monitoring and identifying model risks in banks, including risks associated with the use of artificial intelligence, as well as developing methodologies and analytical tools to assess the reliability, accuracy and effectiveness of artificial intelligence models and solutions;

3) collecting and processing data from statistical, financial and other reports on the banking system, as well as improving processes for obtaining and processing reports and other relevant information;

4) identifying risks in the securities and insurance markets through supervisory assessments of market participants.