of April 29, 2020 No. 2020-P-12/25-7-(NPA)
About Provisional rules of classification of assets and implementation of the corresponding allocations to reserve on covering of potential losses and losses by commercial banks and separate non-bank financial credit institutions
For the purpose of preserving banking system stability and mobilization of resources of banks for maintenance of economic activity 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. Approve Provisional rules of classification of assets and implementation of the corresponding allocations to reserve on covering of potential losses and losses by commercial banks and separate non-bank financial credit institutions (are applied).
2. To the commercial banks, microfinance companies having the right to attraction of deposits to guarantee funds and JSC Finance Company of Credit Unions to provide to National Bank information on the assets classified according to this resolution the last working day of every month.
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The document ceased to be valid since December 1, 2022 according to Item 1 of the Resolution of Board of National Bank of the Kyrgyz Republic of September 28, 2022 No. 2022-P-12/60-2-(NPA)