Document from CIS Legislation database © 2003-2021 SojuzPravoInform LLC

The document ceased to be valid since February 4, 2019 according to item 4 of the Resolution of Board of National Bank of the Republic of Kazakhstan of December 28, 2018 No. 317

RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of February 29, 2016 No. 69

About establishment of the factors influencing deterioration in financial position of bank and banking conglomerate and also approval of Rules of application of measures of early reaction and technique of determination of the factors influencing deterioration in financial position of bank and banking conglomerate

(as amended on 22-12-2017)

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. Establish the following factors influencing deterioration in financial position of bank:

1) decrease in liquidity rates;

2) increase in loans with overdue debt on principal debt and (or) the added remuneration over 90 (ninety) calendar days without the created reserves on them;

3) increase in ratio of the net classified loans to equity;

4) increase in loans with overdue debt on principal debt and (or) the added remuneration from 61 (sixty one) to 90 (ninety) calendar days without the created reserves on them;

5) excess of the relation of loans with overdue debt on principal debt and (or) the added remuneration over 90 (ninety) calendar days without the created reserves on them to the total amount of loan portfolio of bank without the created reserves on it;

6) increase in share of the classified receivables without the created reserves on it in cumulative receivables without the created reserves on it;

7) decrease in profit ratio of assets;

8) decrease in average value of the relation of free assets in national currency to obligations poste restante in national currency;

9) decrease in values of coefficients of sufficiency of equity (k 1, k1-2, k 2) is lower than the amount of the minimum values of coefficients of sufficiency of equity (k 1, k1-2, k 2) taking into account the buffers of equity established by authorized body on regulation, control and supervision of the financial market and the financial organizations, and the percentage allowance.

For the purposes of this Item:

the created reserves are understood as the reserves created according to requirements of international accounting standards;

calculation of loans joins the amount of principal debt;

the net classified loans are understood as book value of loans (principal debt taking into account discounts (awards), positive (negative) adjustments, the added remuneration and the reserves created on them) on which according to accounting data reserves at the level of more than 10 (ten) percent are created.

2. Establish the following factors influencing deterioration in financial position of banking conglomerate:

1) decrease in coefficients of sufficiency of equity of banking conglomerate;

2) increase in coefficients of the maximum extent of risk at one borrower of banking conglomerate;

3) application of measures of early reaction concerning the financial organizations, being members of banking conglomerate;

4) increase in the amount of requirements of members of banking conglomerate to each other according to intra group transactions between members of banking conglomerate (except for investments of members of banking conglomerate into the capital of other participants, transactions with the affiliated organization acquiring doubtful and bad assets of parent bank, the transactions closed on reporting date).

3. Approve:

1) Rules of application of measures of early reaction and technique of determination of the factors influencing deterioration in financial position of bank according to appendix 1 to this resolution;

2) Rules of application of measures of early reaction and technique of determination of the factors influencing deterioration in financial position of banking conglomerate according to appendix 2 to this resolution.

4. Recognize invalid regulatory legal acts of the Republic of Kazakhstan, and also structural elements of some regulatory legal acts of the Republic of Kazakhstan according to the list according to appendix 3 to this resolution.

5. To department of supervision of banks (Kizatov O. T.) in the procedure established by the legislation of the Republic of Kazakhstan to provide:

1) together with Legal department (Sarsenov N. V.) state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

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 50000 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.
More about search system

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.