of March 15, 2021 No. 49
About modification of some regulatory legal acts of the Republic of Kazakhstan concerning regulation of banking and microfinancial activities
According to Item 2 of Article 718 of the Civil code of the Republic of Kazakhstan (Special part) of July 1, 1999, the subitem 1) Item 3-1 of article 4 of the Law of the Republic of Kazakhstan of November 26, 2012 "About microfinancial activities" Board of the Agency of the Republic of Kazakhstan on regulation and development of the DECIDES: financial market
1. Bring in the resolution of Board of National Bank of the Republic of Kazakhstan of December 24, 2012 No. 377 "About limiting approval of the size of annual effective rate of remuneration" (it is registered in the Register of state registration of regulatory legal acts at No. 8306, it is published on May 18, 2013 in the Kazakhstanskaya Pravda newspaper) the following changes:
state Item 1 in the following edition:
"1. Approve the extreme size of annual effective rate of remuneration:
on the bank loans granted by the banks of the second level, the organizations performing separate types of banking activities - 56 (fifty six) percent on unsecured bank loans; 40 (forty) percent on the bank loans provided with pledge; 25 (twenty five) percent on mortgage housing loans;
on the microcredits provided by the organizations performing microfinancial activities - 56 (fifty six) percent.
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The document ceased to be valid since August 20, 2024 according to Item 1 of the Resolution of Board of the Agency of the Republic of Kazakhstan on regulation and development of the financial market of August 19, 2024 No. 64