BANKING MECHANISMS OF HOUSING CONSTRUCTION SAVINGS AS AN INSTRUMENT FOR FINANCING HOUSING CONSTRUCTION IN KAZAKHSTAN
Author(s): Niyazbekova Sh.U.
Rubric: Domestic and foreign trade
DOI: 10.21777/2587-554X-2026-1-76-84
Release: 2026-1 (56)
Pages: 76-84
Keywords: housing construction savings, banking financing mechanisms, housing construction, mortgage lending, construc- tion industry of Kazakhstan, investment in construction, housing affordability
Annotation: The article examines banking mechanisms of housing construction savings as an instrument for financing housing construction in Kazakhstan. The theoretical foundations of the housing construction savings system are analyzed, which is based on a combination of savings and credit mechanisms of bank financing for housing acquisition. Particular attention is paid to the role of banking institutions in the formation of long-term financial resources for the development of housing construction. The study evaluates the economic efficiency of the housing con- struction savings system and its impact on the development of the construction industry, the expansion of bank lending opportunities for the population, and the improvement of housing affordability. Based on the analysis of statistical data and scientific research, the key advantages of this model are identified, including the formation of a sustainable resource base for banks, the reduction of credit risks, and the stimulation of investment activity in the housing sector. The main constraints on the development of the system related to institutional and market factors are identified. Directions for improving the banking mechanisms of housing construction savings are proposed, aimed at increasing the efficiency of housing construction financing and expanding their role in the development of the national housing market.
Bibliography: Niyazbekova Sh.U. BANKING MECHANISMS OF HOUSING CONSTRUCTION SAVINGS AS AN INSTRUMENT FOR FINANCING HOUSING CONSTRUCTION IN KAZAKHSTAN // Economics and Management. – 2026. – № 1 (56). – С. 76-84. doi: 10.21777/2587-554X-2026-1-76-84