RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of April 15, 2019 No. 2019-P-12/20-2-(NPA)

About modification of some regulatory legal acts of National Bank of the Kyrgyz Republic

According to Articles 20, 68 and 136 Laws "About National Bank of the Kyrgyz Republic, Banks and Banking Activity" Board of National Bank of the Kyrgyz Republic decide:

1. Make changes to the following resolutions of Board of National Bank of the Kyrgyz Republic (are applied):

- "About approval of the Regulations on the economic standard rates and requirements obligatory for accomplishment of the Kyrgyz Republic by commercial banks" of July 21, 2004 No. 18/1";

- "About approval of the Instruction for determination of standards of sufficiency (adequacy) of the capital of commercial banks of the Kyrgyz Republic" of July 21, 2004 No. 18/2;

- "About approval  of the Provision "About Classification of Assets and the Corresponding Allocations to Reserve on Covering of Potential Losses and Losses" of July 21, 2004 No. 18/3";

- "About approval  of the Provision "About Procedure for Carrying Out the Kyrgyz Republic of Credit Auctions by National Bank for the purposes of Refinancing and Maintenance of Liquidity" of November 27, 2013 No. 45/13.

2. This resolution becomes effective after fifteen days from the date of its official publication, is effective till July 16, 2020 and extends only to the bonds with mortgage covering issued by JSC State-owned Mortgage Company on the issue registered on June 29, 2018.

3. To legal management:

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

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