Dinara Kerimkulova

RESEARCH, TEACHING, or OTHER INTERESTS

Finance, Economics, Econometrics and Finance

Scopus Publications

"Green" loan - a "green" financing instrument
Alina Gulzhan, Dinara Kerimkulova, Zeinegul Yessymkhanova, Aigul Orazbayeva, and Aigul Alibekova
EDP Sciences
To achieve the goals of sustainable development and the transition to the “green” economy requires not only substantial financial resources but also the transformation of traditional financing. In order to finance projects and productions aimed at improving the environmental and social components of human life, innovative financing instruments such as “green” loans are required. Today, in the context of the world’s global desire for sustainable development, the development of a “green” economy and “green” financing instruments is relevant. The market of “green” loans is relatively new both for the global financial market in general and for the domestic market in particular. In this regard, the issue of studying the available green loans on the domestic and global market is relevant. This paper presents a study of an environmental project loan, encompassing an analysis of existing research on the chosen topic, an examination of the regulatory principles of “green” lending. The authors proposed a classification of the types of “green” loans, as well as identified their advantages and disadvantages.


Assessment of the impact of bank lending on business entities' performance using structural equation modeling
Dinara Kerimkulova, Minara Nazekova, Aizada Sovetbekova, Oleksii Muravskyi, and Galyna Krasovska
LLC CPC Business Perspectives
The paper aims to assess the influence of bank lending on the performance of enterprises in the real sector. The relevance of the study for different countries, including Kazakhstan, Kyrgyzstan and Ukraine, is shown. Structural equation modeling of the impact of bank lending on the performance of enterprises in the real sector is carried out using Ukraine as an example. Six key indicators of real sector enterprises’ performance for the period of 2007–2019 were selected as an information basis of the study. To assess the abovementioned impact, structural equation modeling was used, i.e., the Statistica program was selected as a software tool to evaluate the resulting model’s adequacy and determine the level of statistical significance of its parameters. The obtained results prove that the business lending sector in Ukraine has significant potential for its development, which ultimately will have a positive effect on the efficiency of the real sector enterprises. Moreover, adopting a balanced state policy in the sector of corporate bank lending can give impetus to the development of the domestic sector of real production and help Ukrainian enterprises overcome the crisis caused by COVID-19.