RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of February 25, 2013 No. 73

About approval of Rules of application of measures of early reaction and technique of determination of the factors influencing deterioration in financial position of bank of the second level

For the purpose of enhancement of regulatory legal acts of the Republic of Kazakhstan the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of application of measures of early reaction and technique of determination of the factors influencing deterioration in financial position of bank of the second level (further - Rules).

2. Banks of the second level perfrom forecast calculation of the factor provided by the subitem 9) of Item 1 of Rules as of January 1, 2014.

In case of identification of the factor provided by the subitem 9) of Item 1 of Rules, banks of the second level till October 1, 2013 represent to Committee on control and supervision of the financial market and the financial organizations of National Bank of the Republic of Kazakhstan the actions plan providing measures of early reaction for increase in financial stability of bank, non-admission of deterioration in its financial position and increase in the risks connected with its activities according to item 4 of Rules.

4. This resolution becomes effective after ten calendar days after day of its first official publication and extends to the relations which arose since July 1, 2013.

Approved by the Resolution of Board of National Bank of the Republic of Kazakhstan of February 25, 2013 No. 73

Rules of application of measures of early reaction and technique of determination of the factors influencing deterioration in financial position of bank of the second level

These rules of application of measures of early reaction and technique of determination of the factors influencing deterioration in financial position of bank of the second level (further - Rules) are developed according to the Law of the Republic of Kazakhstan of August 31, 1995 "About banks and banking activity in the Republic of Kazakhstan" (further - the Law on banks) and establish procedure for application of measures of early reaction and technique of determination of the factors influencing deterioration in financial position of bank of the second level (further - bank).

The committee on control and supervision of the financial market and the financial organizations of National Bank of the Republic of Kazakhstan (further - Committee) applies to bank of measure of early reaction in case of identification of the factors influencing deterioration in financial position of bank.

1. The factors influencing deterioration in financial position of bank are:

1) decrease in coefficients of sufficiency of equity;

2) increase in ratio of the net classified loans to equity;

3) increase in share of outstanding principal debt of the classified loans to physical persons in the total volume of principal debt of loans to physical persons;

4) increase in share of outstanding principal debt of the classified loans to legal entities in the total volume of principal debt of loans to legal entities;

5) increase in share of outstanding principal debt of the classified loans on the basic (basic) to the direction (directions) (to industry (industries) of crediting in the total volume of principal debt of loans to clients - physical persons and legal entities (except for the loans issued to the banks and the organizations performing separate types of banking activities and transactions "the return repo");

6) increase in share of outstanding principal debt of the loans issued on acquisition and construction of the commercial and residential real estate and mortgage housing loans in the total volume of principal debt of loans to clients - to physical persons and legal entities (except for the loans issued to the banks and the organizations performing separate types of banking activities and transactions "the return repo");

7) increase in loans with overdue debt on principal debt and (or) the added remuneration on the credits for physical persons over sixty calendar days and (or) for legal entities over thirty calendar days;

8) increase in total amount of loan portfolio of bank of loans with overdue debt on principal debt and (or) the added remuneration over ninety calendar days;

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