RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of October 23, 2013 No. 39/8

About modification and amendments in the Resolution of Board of National Bank of the Kyrgyz Republic No. 51/6 of December 28, 2009 "About 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 the enclosed changes and amendments in the resolution of Board of National Bank of the Kyrgyz Republic No. 51/6 of December 28, 2009 "About some regulatory legal acts of National Bank of the Kyrgyz Republic".

2. Determine that the action of the Provision "About Classification of Assets and the Corresponding Allocations to Reserve on Covering of Potential Losses and Losses when Implementing Transactions according to the Islamic Principles of Banking and Financing" approved by the resolution of Board of National Bank of the Kyrgyz Republic No. 51/6 of December 28, 2009 extends to Ekoislamikbank Ltd when implementing of transactions by it according to the Islamic principles of banking and financing within pilot project.

3. Declare invalid Item 2 of the resolution of Board of National Bank of the Kyrgyz Republic of December 28, 2009 No. 51/6 "About some regulatory legal acts of National Bank of the Kyrgyz Republic".

4. This resolution becomes effective after fifteen days after official publication.

5. To legal management:

- publish this resolution on the official site of National Bank of the Kyrgyz Republic;

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