RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of February 26, 2020 No. 2020-P-09/8-5-(NPA)

About modification of the resolution of Board of National Bank of the Kyrgyz Republic "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

According to Articles 20, "About National Bank of the Kyrgyz Republic, banks and banking activity" the Board of National Bank of the Kyrgyz Republic decides 53 and 68 Laws of the Kyrgyz Republic:

1. Bring in the resolution of Board of National Bank of the Kyrgyz Republic "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" the following change:

in 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" approved by the above-stated resolution:

- the second offer of Item 52 to state in the following edition:

"In case of participation less than two participants in the auction held by method I or II, the auction is recognized cancelled.".

2. To legal management:

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

- after official publication to send this resolution to the Ministry of Justice of the Kyrgyz Republic for entering into the State register of regulatory legal acts of the Kyrgyz Republic.

3. This resolution becomes effective from the date of official publication.

4. To management of monetary transactions to bring this resolution to the attention of commercial banks, relevant structural divisions of National Bank of the Kyrgyz Republic.

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