of November 26, 2019 No. 209
About limiting establishment of value of remuneration under the agreement on provision of the microcredit
According to the Law of the Republic of Kazakhstan of November 26, 2012 "About microfinancial activities" the Board of National Bank of the Republic of Kazakhstan DECIDES:
1. Establish extreme value of remuneration under the agreement on provision of the microcredit signed with physical person:
provided with pledge of property, in the amount of 20 (twenty) percent from the amount of the issued microcredit;
not provided with pledge of property, in the amount of 30 (thirty) percent from the amount of the issued microcredit.
2. Extreme value of remuneration, the stipulated in Item 1 this resolution, is applied to agreements on provision of the microcredit, stipulated in Item 3-1 article 4 of the Law of the Republic of Kazakhstan of November 26, 2012 "About microfinancial activities".
3. To provide to department of methodology and regulation of the financial organizations in the procedure established by the legislation of the Republic of Kazakhstan:
1) together with Legal department state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;
2) placement of this resolution on official Internet resource of National Bank of the Republic of Kazakhstan after its official publication;
3) within ten working days after state registration of this resolution submission to Legal department of data on execution of the actions provided by the subitem 2) of this Item and item 4 of this resolution.
4. To department of external communications - the press service of National Bank of the Republic of Kazakhstan to provide within ten calendar days after state registration of this resolution the direction it to the copy on official publication in periodic printing editions.
5. To impose control of execution of this resolution on the vice-chairman of National Bank of the Republic of Kazakhstan Smolyakov O. A.
Chairman of National Bank
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.