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RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of January 13, 2016 No. 13

About some questions of activities of the microfinancial organizations

Based on Item part two paragraph two 4, of paragraphs of the second or fourth, seventh Item 9 of the Presidential decree of the Republic of Belarus of June 30, 2014 No. 325 "About attraction and provision of loans, activities of the microfinancial organizations" and parts one of article 39 of the Bank code of the Republic of Belarus the Board of National Bank of the Republic of Belarus DECIDES:

1. Make changes and additions to the following resolutions of Board of National Bank of the Republic of Belarus:

1.1. in the resolution of Board of National Bank of the Republic of Belarus of November 14, 2014 No. 692 "About establishment of application forms and certificates on inclusion in the register of the microfinancial organizations, the minimum size of authorized capital of the commercial microfinancial organization and approval of the Instruction on procedure for creation and maintaining the register of the microfinancial organizations" (The national legal Internet portal of the Republic of Belarus, 31.12.2014, 8/29427):

1.1.1. in appendix 1 to this resolution:

the words "Information about Founders" shall be replaced with words "The information about founders (participants) or the owner of property of the commercial microfinancial organization";

words "________________________

________________

_______________________"

(position)

(signature)

(initials, surname)

 

shall be replaced with words "__________________

________________

______________________";

(position)

(signature)

(initials, surname)

 

M.P.

 

 

to state the interlinear note to appendix in the following edition:

 

"* Types of economic activity according to the nation-wide qualifier of the Republic of Belarus OKRB 005-2011 "Types of economic activity" approved by the resolution of the State committee on standardization of the Republic of Belarus of  December 5, 2011 No. 85 "About approval, enforcement of the nation-wide qualifier of the Republic of Belarus", and code at the level of five signs, the income from which in total amount of the gained income constitutes 30 and more percent, are specified.";

1.1.2. in the Instruction about procedure for creation and maintaining the register of the microfinancial organizations approved by this resolution:

in Item 15:

shall be replaced with words the words "and the thirteenth" ", the thirteenth and sixteenth";

add Item with part two of the following content:

"In case of change of the data specified in the paragraph the sixteenth subitem 4.4 of item 4 of this Instruction, the microfinancial organization within twenty working days addresses to National Bank by filing of application about modification of the register.";

to add Item 18 after the word of "five" with the word of "workers";

1.2. The instruction about requirements to contents of the rules of provision of microloans approved by the microfinancial organization and procedure for submission by the microfinancial organizations of information on provision of microloans approved by the resolution of Board of National Bank of the Republic of Belarus of December 17, 2014 No. 776 (National legal Internet portal of the Republic of Belarus, 31.12.2014, 8/29452), to add with Item 4-1 of the following content:

"4-1. Person interested in receipt of microloan, the borrower to the conclusion of the agreement of microloan or the supplementary agreement to the agreement of microloan which need of the conclusion is connected with change of information specified in item 4 of this Instruction represent to the microfinancial organization written dated confirmation about acquaintance with this information, signed with own hand or person authorized by it. In case of decrease by the microfinancial organization in the size of the interest for using microloan received by the creditor from the borrower provision of the relevant information can have notifying character.";

1.3. in the resolution of Board of National Bank of the Republic of Belarus of December 23, 2014 No. 805 "About some questions of activities of the non-profit microfinancial organizations created in form of business of consumer cooperative" (The national legal Internet portal of the Republic of Belarus, 01.01. 2015, 8/29455):

1.3.1. in Item 1:

in the subitem 1.1.1 of figure "10" to replace with figures "50";

in subitems 1.1.3 and 1.1.4 of the word to "debt and interest for using microloan in case of delay" shall be replaced with words "to debt, interest for using microloan, penalties (penalties, penalty fee), and also the amounts which are receivable as a result of application of other measures of responsibility including as a result of indemnification, for violation of contractual conditions, in case of delay on principal debt";

state subitems 1.2.6 and 1.2.7 in the following edition:

"1.2.6. the standard rate of short-term liquidity - at least 70 percent. This norm is determined as ratio of the amount of obligations of borrowers of consumer cooperative with remaining period of repayment to 30 days inclusive, including poste restante, to the amount of obligations of consumer cooperative to the members with remaining period of repayment to 30 days inclusive, including poste restante and with overdue repayment periods.

If the amount of obligations of consumer cooperative to the members with remaining period of repayment to 30 days inclusive, including poste restante and with overdue repayment periods, is equal to zero, the standard rate of short-term liquidity is considered observed;

1.2.7. limiting ratio of part of the amount of the money raised during calendar month directed by consumer cooperative during calendar month to the purposes connected with provision to members of consumer cooperative of microloans and consumer cooperative of the second level of loans and microloans to the total amount of the money raised during calendar month - at least 80 percent.

If the total amount of the money raised during calendar month is equal to zero, the limiting ratio of part of the amount of the money raised during calendar month directed by consumer cooperative during calendar month to the purposes connected with provision to members of consumer cooperative of microloans and consumer cooperative of the second level of loans and microloans to the total amount of the money raised during calendar month is considered observed;";

add Item with subitems 1.2.8 and 1.2.9 of the following content:

"1.2.8. the standard rate of medium-term liquidity - at least 80 percent. This norm is determined as ratio of the amount of obligations of borrowers of consumer cooperative with remaining period of repayment to 90 days inclusive, including poste restante, to the amount of obligations of consumer cooperative to the members with remaining period of repayment to 90 days inclusive, including poste restante and with overdue repayment periods.

If the amount of obligations of consumer cooperative to the members with remaining period of repayment to 90 days inclusive, including poste restante and with overdue repayment periods, is equal to zero, the standard rate of medium-term liquidity is considered observed;

1.2.9. the standard rate of long-term liquidity - at least 90 percent. This norm is determined as ratio of the amount of obligations of borrowers of consumer cooperative with remaining period of repayment to 180 days inclusive, including poste restante, to the amount of obligations of consumer cooperative to the members with remaining period of repayment to 180 days inclusive, including poste restante and with overdue repayment periods.

If the amount of obligations of consumer cooperative to the members with remaining period of repayment to 180 days inclusive, including poste restante and with overdue repayment periods, is equal to zero, the standard rate of long-term liquidity is considered observed.";

1.3.2. to state subitem 2.1 of Item 2 in the following edition:

"2.1. in case of determination of the amount of fund of financial mutual assistance of calculation join:

cash amount, provided under agreements of microloan to members of consumer cooperative;

cash amount, provided under agreements of microloan and loan to consumer cooperative of the second level which member is the consumer cooperative;

cash amount in cash desk and on bank accounts (ah) which are planned to be directed to provision of microloans and loans according to paragraphs to second and third this subitem;";

1.3.3. add the resolution with subitem 2.1-1 of the following content:

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