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RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of March 23, 2022 No. 2022-P-12/17-6-(NPA)

About additional temporary solutions of National Bank of the Kyrgyz Republic on regulation of activities of commercial banks of the Kyrgyz Republic

(as amended on 12-10-2022)

For the purpose of preserving stability in bank system of the country and according to Articles 20, "About National Bank of the Kyrgyz Republic, banks and banking activity" the Board of National Bank of the Kyrgyz Republic decides 68 and 138 Laws of the Kyrgyz Republic:

1. For commercial banks when calculating standard rates of liquidity to keep the sovereign rating of the Russian Federation, and also rating for the Russian banks partners at the level established as of February 1, 2022.

2. Make changes to the following regulatory legal acts of National Bank of the Kyrgyz Republic (are applied):

Paragraph two of ceased to be valid according to the Resolution of Board of National Bank of the Kyrgyz Republic of 12.10.2022 No. 2022-P-12/63-1-(NPA)

- the resolution of Board of National Bank of the Kyrgyz Republic "About some regulatory legal acts of National Bank of the Kyrgyz Republic" of August 25, 2005 No. 26/5.

3. This resolution becomes effective from the date of its official publication. At the same time Item 1 of this resolution is effective till July 1, 2022, Item 2 becomes effective since April 1, 2022 and is effective before adoption of the relevant decision of Board of National Bank.

4. To legal management:

- publish this resolution on the official website of National Bank of the Kyrgyz Republic;

- after official publication to send this resolution to the Ministry of Justice of the Kyrgyz Republic for entering into the State register of regulatory legal acts of the Kyrgyz Republic.

5. To management of methodology of supervision and licensing of banks to bring this resolution to the attention of OYuL "Union of Banks of Kyrgyzstan", commercial banks, relevant structural divisions, regional managements, representative offices of National Bank in Batken Province.

6. To impose control of execution of this resolution on the board member of the National Bank of the Kyrgyz Republic supervising management of methodology of supervision and licensing of banks.

Chairman of National Bank of the Kyrgyz Republic

K. Bokontayev

Appendix

to the Resolution of Board of National Bank of the Kyrgyz Republic of March 23, 2022 No. 2022-P-12/17-6-(NPA)

Changes in some regulatory legal acts of National Bank of the Kyrgyz Republic

1. Ceased to be valid according to the Resolution of Board of National Bank of the Kyrgyz Republic of 12.10.2022 No. 2022-P-12/63-1-(NPA)

2. Bring in the resolution of Board of National Bank of the Kyrgyz Republic "About some regulatory legal acts of National Bank of the Kyrgyz Republic" of August 25, 2005 No. 26/5 the following change:

in the Provision "About the Periodic Regulating Bank Statement" approved by the above-stated resolution:

- in Appendix 2:

Section 15.3. "Credits and leasing" and Section 15.4. "And leasing (continuation) / Other assets" to state the credits in the following edition:

"SECTION 15.3. CREDITS AND LEASING

(one thousand som)

Articles

On balance

Credit risk, %

The weighed value

240

Credits to banks of the Kyrgyz Republic

0

0

240.1

0%

240.2

10%

0

240.3

20%

0

240.4

50%

0

240.5

100%

0

240.6

150%

0

240.7

300%

0

250

Credits to banks and financial organizations of the CIS countries

0

0

250.1

0%

250.2

10%

0

250.3

20%

0

250.4

50%

0

250.5

100%

0

250.6

150%

0

250.7

300%

0

260

The credits to foreign banks and the financial organizations, except the CIS countries

0

0

260.1

0%

260.2

10%

0

260.3

20%

0

260.4

50%

0

260.5

100%

0

260.6

150%

0

260.7

300%

0

270

Credits to public sector

0

0

270.1

0%

270.2

10%

0

270.3

20%

0

270.4

50%

0

270.5

100%

0

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