RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of September 28, 2017 No. 397

About modification and amendments in some regulatory legal acts of National Bank of the Republic of Belarus

Based on the paragraph of the eighth of part four of Item 7, of paragraphs two, the seventh, eighth 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", Item part one paragraph two 8, of the paragraph of the fourth Item 9, of paragraphs of the ninth and tenth Item 17 of the Presidential decree of the Republic of Belarus of June 4, 2015 No. 231 "About implementation of activities in the Forex curb market", 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 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; 17:02. 2016, 8/30653):

1.1.1. in Item 1:

in the subitem 1.1.1 of figure "50" to replace with figures "100";

add Item with subitem 1.2.10 of the following content:

"1.2.10. the standard rate of overall liquidity – at least 100 percent. This norm is determined as ratio of cash amount in cash desk, on accounts, in deposits (deposits), the financial investments, receivables (except for by delayed) to the amount of obligations of consumer cooperative, including poste restante and with overdue repayment periods.

If the amount of obligations of consumer cooperative, including poste restante and with overdue repayment periods, is equal to zero, the standard rate of overall liquidity is considered observed.";

1.1.2. in subitem 2.2 of Item 2:

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