RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of March 24, 2020 No. 2020-P-12/15-5-(NPA)

About modification of some regulatory legal acts of National Bank of the Kyrgyz Republic regarding transactions of financial credit institutions with securities and credit risk managements

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

1. Make changes to the following regulatory legal acts of National Bank of the Kyrgyz Republic:

- the resolution of Board of National Bank of the Kyrgyz Republic "About some regulatory legal acts of National Bank of the Kyrgyz Republic" of September 14, 2011 No. 52/4;

- the resolution of Board of National Bank of the Kyrgyz Republic "About approval of "Rules of creation and/or acquisition of the subsidiary or dependent companies by commercial banks of the Kyrgyz Republic" of June 10, 2009 No. 26/3;

- the resolution of Board of National Bank of the Kyrgyz Republic "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;

- the resolution of Board of National Bank of the Kyrgyz Republic "About some regulatory legal acts of National Bank of the Kyrgyz Republic" of December 28, 2009 No. 51/6;

- the resolution of Board of National Bank of the Kyrgyz Republic "About approval of the Provision "About the Minimum Requirements on Credit Risk Management when Implementing Transactions according to the Islamic Principles of Banking and Financing" of September 25, 2013 No. 35/13.

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