Formalizing the investment selection process of the Development Bank of Kazakhstan
Journal: Journal of Finance and Banking Review (JFBR) (Vol.2, No. 1)Publication Date: 2017-03-30
Authors : Dulat Shukayev; Zhanar Lamasheva; Almira Ayapbergenova; Bimurat Zh.;
Page : 9-16
Keywords : Investment Selection Process; Development Bank of Kazakhstan; Investment Activities; Business Proposals; Optimizing.;
Abstract
Objective – This article presents a functional diagram for implementing the investment program of the Development Bank of Kazakhstan and builds an outline of the pre-investment evaluation process. Methodology/Technique – A stepwise algorithm is created to conduct a preliminary appraisal of business proposals, and the criteria for assessing the borrower's condition are identified. Key criteria used in the investment performance analysis are discussed. The article develops a computer simulation approach to analysis and decision-making with respect to investment programs, with consideration of analytically non-formalisable stochastic distributions of parameters and processes. The paper also proposes a new method for optimizing the allocation of funds, given various priorities and risks, taking into account the instability and possible ill-conditioning of the optimization problem. Findings – The article formalizes the main stages of Development Bank's pre-investment activities in support of the government's innovative industrial development policy in the country's economy Novelty – Presented models and algorithms of the functional tasks for implementation of investment activities are sufficiently general to be relevant, not only for implementing the government's strategy in this direction, but also for the business interests of any bank or investment entity. Type of Paper: Review
Other Latest Articles
- Determinant of Debt Policy: Empirical Evidence from Indonesia
- How to Build Satisfaction and Customer Loyalty with a Focus On Complaints Handling (Review of the Scientific Literature)
- Prevalence of Iron Deficiency in Healthy Adolescents
- The Influence of Financial Distress Using Altman Z-Score, The Beta of Stocks and Inflation To The Stock Return
- Sustainable Business of Islamic Bank Through on the Islamic Corporate Governance and Islamic Financial Performance
Last modified: 2017-07-28 19:02:04