Document from CIS Legislation database © 2003-2019 SojuzPravoInform LLC

RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of July 12, 2013 No. 425

About calculation of the reserve requirements which are subject to deposition in fund of required reserves, and modification of the resolution of Board of National Bank of the Republic of Belarus of October 27, 2011 No. 473

(In edition of the Resolution of Board of National Bank of the Republic of Belarus of 12.12.2016 No. 609)

Based on the paragraph of the eleventh of Article 26, of the paragraph of the fifth of part one of Article 31, the Board of National Bank of the Republic of Belarus DECIDES: parts one of Article 32 and part one of article 39 of the Bank code of the Republic of Belarus

1. When calculating the reserve requirements which are subject to deposition in fund of required reserves, banks reduce base of reservation from the borrowed funds in foreign currency within its amount for the corresponding period on the amount of amount of money allocated by them for acquisition of the government bonds nominated in foreign currency, emitted till December 31, 2016 inclusive according to the resolution of Council of Ministers of the Republic of Belarus of December 10, 1999 No. 1929 "About approval of the main conditions of issue, the address and repayment of the government bonds nominated in foreign currency" (The national register of legal acts of the Republic of Belarus, 2000, No. 2, 5/2219).

2. In paragraph four of Item 1 of the resolution of Board of National Bank of the Republic of Belarus of October 27, 2011 No. 473 "About establishment of standard rates of the required reserves deposited in National Bank of the Republic of Belarus (reserve requirements)" (The national register of legal acts of the Republic of Belarus, 2011, No. 122, 8/24322; 2012, No. 49, 8/25376; National legal Internet portal of the Republic of Belarus, 24.08. 8/26306) of figure "12" to replace 2012, with figures "14".

3. This resolution becomes effective since August 1, 2013.

Chairman of the board

N. A. Ermakova

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 38000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.