RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of September 30, 2011 No. 117

About entering of amendments and changes into the resolution of Board of the Agency of the Republic of Kazakhstan on regulation and supervision of the financial market and the financial organizations of September 30, 2005 No. 358 "About approval of the Instruction about normative values and technique of calculations of prudential standard rates for banks of the second level"

For the purpose of enhancement of the regulatory legal acts regulating activities of banks of the second level, the Board of National Bank of the Republic of Kazakhstan decides:

1. Of September 30, 2005 No. 358 "About approval of the Instruction about normative values and technique of calculations of prudential standard rates for banks of the second level" (registered in the Register of state registration of regulatory legal acts at No. 3924) to make the following additions and changes to the resolution of Board of the Agency:

in the Instruction about normative values and the technique of calculations of prudential standard rates for banks of the second level approved by the specified resolution:

add with Item 3-1 of the following content:

"3-1. Investments of bank when calculating equity for the purposes of Item 3 of article 8 of the Law of the Republic of Kazakhstan of August 31, 1995 "About banks and banking activity in the Republic of Kazakhstan" represent investments of bank in subordinated debt of the legal entity which cumulative size exceeds ten percent of capital sum of the first level and the capital of the second level of bank.";

state item 4 in the following edition:

"4. The capital of the first level is calculated as the amount:

the paid authorized capital minus own redeemed shares;

supplementary capital;

retained net income of last years (including the funds, reserves created at the expense of net income of last years);

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