PRESIDENTIAL DECREE OF THE KYRGYZ REPUBLIC

of April 18, 2018 unitary enterprise No. 79

About Agency on liquidation of banks

For the purpose of reduction of activities of the Agency on reorganization of banks and debt restructuring in compliance with the Law of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic, banks and banking activity" and according to article 65 of the Constitution of the Kyrgyz Republic I decide:

1. Rename Agency on reorganization of banks and debt restructuring into Agency on liquidation of banks.

2. Approve the enclosed Regulations on the Agency on liquidation of banks.

3. Ceased to be valid according to the Presidential decree of the Kyrgyz Republic of 31.05.2022 No. 172

4. Declare invalid the Presidential decree of the Kyrgyz Republic "About approval of the Regulations on the Agency on reorganization of banks and debt restructurings (DEBRA)" of October 12, 2011 No. 255.

5. To the government of the Kyrgyz Republic to bring the decisions into accord with this Decree.

6. This Decree becomes effective from the date of official publication.

Provision
about Agency on liquidation of banks

1. General provisions

1. This Provision determines legal and organizational basis of activities of the Agency on liquidation of banks (further - the Agency).

2. The agency is the public institution created for the purpose of implementation of functions of the liquidator of the banks and other non-bank financial credit institutions performing acceptance of the deposits licensed and regulated by National Bank of the Kyrgyz Republic.

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