Resolution of Board of National Bank of the Republic of Kazakhstan "About approval of Rules of issue to bank and (or) bank holding of permission..."

The document ceased to be valid since June 14, 2017 according to Item 2 of the Resolution of Board of National Bank of the Republic of Kazakhstan of January 28, 2017 No. 24

RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of February 24, 2012 No. 91

About approval of Rules of issue to bank and (or) bank holding of permission to creation or acquisition of the affiliated organization, on creation or acquisition by bank of the affiliated organization acquiring doubtful and bad assets of parent bank on considerable participation of bank and (or) bank holding in the capital of the organizations, and also withdrawal of permission to creation, acquisition by bank and (or) bank holding of the affiliated organization, on considerable participation of bank and (or) bank holding in the capital of the organizations

(as amended of the Resolution of Board of National Bank of the Republic of Kazakhstan of 24.12.2014 No. 261)

According to the Law of the Republic of Kazakhstan of December 28, 2011 "About modification and amendments in some legal acts of the Republic of Kazakhstan concerning banking regulation and the financial organizations regarding risk minimization" the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of issue to bank and (or) bank holding of permission to creation or acquisition of the affiliated organization, on creation or acquisition by bank of the affiliated organization acquiring doubtful and bad assets of parent bank on considerable participation of bank and (or) bank holding in the capital of the organizations, and also withdrawal of permission to creation, acquisition by bank and (or) bank holding of the affiliated organization, on considerable participation of bank and (or) bank holding in the capital of the organizations.

2. Recognize invalid regulatory legal acts of the Republic of Kazakhstan according to appendix to this resolution.

3. This resolution becomes effective after ten calendar days after day of its first official publication.

Chairman of National Bank

G. Marchenko

Approved by the Resolution of Board of National Bank of the Republic of Kazakhstan of February 24, 2012 No. 91

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