Credit risk is the possibility of potential losses due to the inability of borrowers to timely fulfill their obligations to the bank to pay the principal amount of the debt and accrued interest. Credit risk assessment is an integral step in the risk management of a banking institution, since the main source of income for banks is the provision of loans. That is why the determination of the maximum possible losses in case of default by the borrower, as well as the timely assessment of collateral for loans, allow banks to minimize possible credit losses.

Peng Boyao. Assessment of Credit Risk in the Second-Tier Banks of the Republic of Kazakhstan. The Frontiers of Society, Science and Technology (2022) Vol. 4, Issue 11: 92-97. https://doi.org/10.25236/FSST.2022.041115.

[1] Official website of Halyk Bank JSC [Electronic resource] URL: https://halykbank.kz/;

[2] Official website of Bank Center Credit JSC [Electronic resource] URL: https://www.bcc.kz/;

[3] Official website of the Kazakhstan Stock Exchange "KASE" [Electronic resource] URL: https:// kase. kz;

[4] Official website of the National Bank of Kazakhstan [Electronic resource] URL: https:// nationalbank. kz;

[5] David A.2005.Financial statements of Halyk Bank JSC, Bank Center Credit JSC, SB Sberbank of Russia JSC, Kaspi Bank JSC, Forte Bank JSC. The Banker, 20-22.