RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of December 18, 2019 No. 2019-P-07/64-3-(DKP)

About introduction of amendments to the resolution of Board of National Bank of the Kyrgyz Republic "About standard rates of mandatory reserve requirements for banks" of March 13, 2019 No. 2019-P-07/10-2-(DKP)

According to Articles 20, 27 and 68 Laws of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic, banks and banking activity" and  the Provision "About Required Reserves" approved by the resolution of Board of National Bank of the Kyrgyz Republic of March 13, 2019 No. 2019-P-07/10-1-(DKP), the Board of National Bank of the Kyrgyz Republic decides:

1. Bring in the resolution of Board of National Bank of the Kyrgyz Republic "About standard rates of mandatory reserve requirements for banks" of March 13, 2019 No. 2019-P-07/10-2-(DKP) of change (are applied).

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. To economic management to bring this resolution to the attention of banks.

4. This resolution becomes effective since January 1, 2020.

5. To impose control of execution of this resolution on the board member of the National Bank of the Kyrgyz Republic supervising Economic management.

Appendix

to the Resolution of Board of National Bank of the Kyrgyz Republic of December 18, 2019 No. 2019-P-07/64-3-(DKP)

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