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The document ceased to be valid since  April 1, 2019 according to Item 8 of the Resolution of Board of National Bank of the Kyrgyz Republic of  March 13, 2019 No. 2019-P-07/10-2-(DKP)

RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of November 14, 2014 No. 50/1

About the daily minimum level of required reserves of banks

(as amended on 25-10-2017)

According to Articles 7, 22 and 43 Laws of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic", the Board of National Bank of the Kyrgyz Republic decides:

1. Determine that the size of means on correspondent account of each commercial bank in National Bank and assets in the form of gold on the depersonalized metal account of commercial bank in National Bank for accomplishment of ORT on daily basis shall constitute at least 90 percent from amount of the required reserves of commercial bank established for the corresponding period.

2. "About introduction of amendments to the resolution of Board of National Bank of the Kyrgyz Republic "About approval of the Provision "About Required Reserves" of March 19, 2010 No. 8/2" of April 23, 2014 No. 16/5 to declare Item 2 of the resolution of Board of National Bank of the Kyrgyz Republic invalid.

3. To legal management:

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

- after official publication to send this resolution to the Ministry of Justice of the Kyrgyz Republic for entering into the State register of regulatory legal acts of the Kyrgyz Republic.

4. To economic management to bring this resolution to the attention of structural divisions and commercial banks.

5. This resolution becomes effective since November 18, 2014.

6. To impose control of execution of this resolution on the vice-chairman of National Bank of the Kyrgyz Republic Zhenish N.

For the Chairman Vice-chairman

You marry N.

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

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