of April 25, 2012 No. 18/8
About modification and amendments in some regulatory legal acts of National Bank of the Kyrgyz Republic
According to articles 7 and 43 of the Law of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic", the Board of National Bank of the Kyrgyz Republic decides:
1. Approve amendments in the Provision "About the Economic Standard Rates and Requirements Obligatory for Accomplishment of the Kyrgyz Republic by Commercial Banks" approved by the resolution of Board of National Bank of the Kyrgyz Republic of July 21, 2004 No. 18/1, registered in the Ministry of Justice of the Kyrgyz Republic of August 23, 2004, registration number No. 93-04 (is attached).
2. Approve changes and amendments in the Provision "About the Minimum Requirements on Credit Risk Management in the Commercial Banks and Other Financial Credit Institutes Licensed by National Bank of the Kyrgyz Republic" approved by the resolution of Board of National Bank of the Kyrgyz Republic of June 30, 2010 No. 52/4 (are applied).
3. Approve amendment in "Temporary procedure for application of special classification of the credits answering to certain criteria" No. 5/6, approved by the resolution of Board of National Bank of the Kyrgyz Republic of March 2, 2006 (is applied) No. 35-06 registered in the Ministry of Justice of the Kyrgyz Republic of April 07, 2006.
4. Publish this resolution on the official site of National Bank of the Kyrgyz Republic.
5. After official publication to send to Legal Management 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.
6. This resolution becomes effective after one month after official publication.
7. To management of methodology of supervision and licensing to bring this resolution to the attention of commercial banks, microfinance and microcredit companies.
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