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The document ceased to be valid since  September 16, 2015 according to Item 2 of the Resolution of Board of National Bank of the Republic of Kazakhstan of July 17, 2015 No. 141

RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of April 23, 2014 No. 68

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

(as amended of the Resolution of Board of National Bank of the Republic of Kazakhstan of 16.07.2014 No. 152)

According to the Law of the Republic of Kazakhstan of August 31, 1995 "About banks and banking activity in 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. The banks of the second level having on the date of entry into force of this resolution share of loans with overdue debt on principal debt and (or) the added remuneration over ninety calendar days without the created reserves on them to the total amount of loan portfolio of bank without the created reserves on it over 10 (ten) percent till July 1, 2014 provide in National Bank of the Republic of Kazakhstan the actions plan, according to item 4 of Rules, providing measures for finishing share of loans with overdue debt on principal debt and (or) the added remuneration to the level which is not exceeding 10 (ten) percent by January 1, 2016.

3. Recognize invalid the following regulatory legal acts of the Republic of Kazakhstan:

1) the resolution of Board of National Bank of the Republic of Kazakhstan of February 25, 2013 73 "About approval of Rules of application of measures of early reaction and technique of determination of the factors influencing the deterioration in financial position of bank of the second level" (registered in the Register of state registration of regulatory legal acts under 8416, published on June 26, 2013 in the Yuridicheskaya Gazeta newspaper 93 (2468);

2) Item 6 of the List of regulatory legal acts of the Republic of Kazakhstan concerning regulation, control and supervision of the financial market and the financial organizations to which changes and additions are made, the Board of National Bank of the Republic of Kazakhstan approved by the resolution of July 26, 2013 204 "About modification and amendments in some regulatory legal acts of the Republic of Kazakhstan concerning regulation, control and supervision of the financial market and the financial organizations" (registered in the Register of state registration of regulatory legal acts under 8667, published on February 1, 2014 in the Kazakhstanskaya Pravda newspaper 22 (27643).

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

The subitem 11) of Item 1, the subitem 14) of Item 2 of Rules is effective till January 1, 2016.

Chairman of National Bank

K. Kelimbetov

Approved by the Resolution of Board of National Bank of the Republic of Kazakhstan of April 23, 2014 No. 68

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 authorized body on regulation, control and supervision of the financial market and the financial organizations (further - authorized body) 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) decrease in liquidity rates;

3) decrease in share of the attracted deposits of physical persons and legal entities in the amount of obligations of bank;

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