The Role of Postal Networks in Expanding Access to Financial Services : Kazakhstan's Postal Finance Services

This paper discusses the role of the postal network in expanding access to financial services in Kazakhstan. It reviews the public postal operator within the postal sector and within the broader context of the communications sector. The roles of the postal network and state and privately-owned banks are also reviewed from the perspective of the financial sector development, with particular focus on payments systems development and microfinance. While this country case on Kazakhstan can stand alone, it is an integral part of this large study of the potential of postal networks to coordinate with financial service providers in 7 countries (Egypt, Kazakhstan, Namibia, Romania, Sri Lanka, Uganda, and Vietnam) and 5 regions (Africa, Asia, Eastern Europe and Central Asia, Latin America and the Caribbean, and the Middle East and Northern Africa). Within Central Asia and the other countries of the former Soviet Union, Kazakhstan's postal network is widely regarded as a leader and pioneer in postal innovation, setting an example for other postal operators in the region. An in-depth assessment of Kazakhstan's postal network development options could also be a model to guide other postal networks.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2004-01-01
Subjects:	ACCESS TO FINANCE, ACCESS TO FINANCIAL SERVICES, ACCESS TO INFORMATION, ACCOUNTABILITY, ACCOUNTING, ACCOUNTING STANDARDS, ACCOUNTS FOR INDIVIDUALS, ACCOUNTS RECEIVABLE, AUTOMATED TELLER MACHINES, BALANCE SHEET, BALANCE SHEETS, BANK ACCOUNT, BANK ACCOUNTS, BANK ASSETS, BANK BRANCH, BANK BRANCH NETWORK, BANK BRANCH OFFICES, BANK BRANCHES, BANK LOANS, BANKING SECTOR, BANKING SERVICES, BANKING SYSTEM, BANKRUPTCY, BANKS, BOND MARKET, BUSINESS ACTIVITIES, BUSINESS STRATEGY, CAPITAL ADEQUACY, CAPITAL MARKET, CAPITAL REQUIREMENTS, CAPITALIZATION, CASH FLOW, CASH IN CIRCULATION, CASH PAYMENTS, CASH WITHDRAWALS, COLLATERAL, COLLECTION SERVICES, COMMERCIAL BANK, COMMERCIAL BANKING, COMMERCIAL BANKS, CONFIDENCE IN BANKS, CONSOLIDATION, CONSUMER CONFIDENCE, CONSUMER CREDIT, CONSUMER LENDING, CORRUPTION, COST-EFFICIENCY, CREDIT BANK, CREDIT CAPACITY, CREDIT LINE, CREDIT PRODUCTS, CREDIT SCORING, CREDIT TRANSFERS, CURRENCY EXCHANGE, DEBIT CARD, DEFICITS, DEMAND DEPOSITS, DEPOSIT, DEPOSIT ACCOUNTS, DEPOSIT INSURANCE, DEPOSIT MOBILIZATION, DEPOSITORS, DEPOSITS, DEVELOPMENT BANK, DIRECT MARKETING, DISTRIBUTION OF NEWSPAPERS, DIVERSIFICATION, E-BANKING, E-COMMERCE, E-FINANCE, E-GOVERNMENT, E-LEARNING, ECONOMIC GROWTH, ECONOMIC STABILITY, ELECTRONIC PAYMENT, ELECTRONIC PAYMENTS, ENCASHMENT, ENTREPRENEURS, EXCESS DEMAND, EXPENDITURE, EXPENDITURES, EXPRESS MAIL, EXPRESS MAIL SERVICE, FINANCIAL ACCOUNTING, FINANCIAL INFRASTRUCTURE, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FINANCIAL LEASING, FINANCIAL MARKET, FINANCIAL POLICIES, FINANCIAL PRODUCTS, FINANCIAL SECTOR DEVELOPMENT, FINANCIAL SERVICE, FINANCIAL SERVICE PROVIDERS, FINANCIAL SYSTEM, FIXED COST, FOREIGN BANKS, FOREIGN CURRENCY, FOREIGN INVESTMENT, FORMAL BANK, GOVERNMENT POLICIES, GROWTH OPPORTUNITY, HOUSEHOLD DEPOSIT, HOUSEHOLD DEPOSITS, HOUSEHOLDS, HOUSING, HYBRID MAIL, INCOME GROUPS, INCOME STATEMENTS, INDIVIDUAL ENTREPRENEURS, INEQUALITY, INFORMATION INFRASTRUCTURE, INFORMATION MANAGEMENT, INFORMATION SYSTEM, INFORMATION SYSTEMS, INFORMATION TECHNOLOGIES, INFORMATION TECHNOLOGY, INSTALLMENTS, INSURANCE PREMIUMS, INTEREST INCOME, INTEREST RATES, INTERNATIONAL ACCOUNTING STANDARDS, INTERNATIONAL BANKING, INTERNATIONAL FINANCE, ISLAMIC DEVELOPMENT BANK, LARGE CITIES, LEGAL FRAMEWORK, LENDERS, LENDING POLICIES, LETTER MAIL, LIQUID ASSETS, LOAN, LOAN FUND, LOAN PORTFOLIO, LOAN PORTFOLIOS, LOAN SIZE, LOAN SIZES, MAIL MARKET, MAIL ORDER, MAIL ORDER BUSINESS, MAIL SERVICES, MANAGEMENT INFORMATION SYSTEMS, MANDATES, MARKET DEVELOPMENT, MFI, MFIS, MICRO CREDIT, MICRO ENTERPRISE, MICRO ENTERPRISES, MICROCREDIT, MICROFINANCE, MICROFINANCE INSTITUTION, MICROFINANCE INSTITUTIONS, MICROFINANCE LOAN, MONEY ORDERS, MONEY TRANSFERS, MORTGAGES, MUTUAL FUND, MUTUAL FUNDS, NATIONAL BANK, NET INTEREST MARGIN, NET WORTH, NEW BUSINESS, NEW COMPANY, OPEN MARKETS, OUTREACH, PARCEL SERVICES, PARTNER BANKS, PAYMENT INFRASTRUCTURE, PAYMENTS COLLECTION, PAYMENTS INSTRUMENTS, PENSION FUNDS, PENSIONS, PERSONAL COMPUTER, POINT OF ACCESS, POINT OF SALE, POOR CLIENTS, POST, POST OFFICE, POST OFFICE NETWORK, POST OFFICES, POSTAL, POSTAL BANKING, POSTAL FINANCE, POSTAL FINANCIAL SERVICES, POSTAL MAIL, POSTAL NETWORK, POSTAL NETWORKS, POSTAL POLICY, POSTAL SAVINGS, POSTAL SECTOR, POSTAL SECTOR DEVELOPMENT, POSTAL SERVICE, POSTAL SERVICES, PRIVATE COMMERCIAL BANKS, PRIVATIZATION, PROFITABILITY, PUBLIC AGENCIES, PUBLIC POSTAL OPERATOR, RECEIPT, RECESSION, REGULATORY FRAMEWORK, REMITTANCES, REORGANIZATION, REPOSSESSION, RETAIL BANKING, SAVINGS, SAVINGS BANK, SAVINGS BANKS, SAVINGS PRODUCTS, SAVINGS SERVICES, SCHOLARSHIPS, SECURITIES, SMALL BUSINESS, SOLVENCY, STATE ENTERPRISES, SUBSIDIARIES, SUBSIDIARY, TAX INCENTIVE, TELECOMMUNICATIONS, TRANSITION ECONOMIES, TRANSPORT, UNEMPLOYMENT, UNION, URBAN AREAS, VOUCHERS, WAGES,
Online Access:	http://documents.worldbank.org/curated/en/2004/01/16338255/kazakhstan-role-postal-networks-expanding-access-financial-services-country-case-kazakhstans-postal-finance-services https://hdl.handle.net/10986/14899
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