of May 19, 2021 No. 2021-P-12/25-2-(NPA)
About introduction of amendments to the resolution of Board of National Bank of the Kyrgyz Republic "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" of April 29, 2020 No. 2020-P-12/25-7-(NPA)
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. Bring in the resolution of Board of National Bank of the Kyrgyz Republic "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" of April 29, 2020 No. 2020-P-12/25-7-(NPA) the following changes:
in 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 and credit to the organizations, approved by the above-stated resolution:
- state Item 12 in the following edition:
"12. Banks have the right not to worsen category of classification of asset in case of its restructuring in connection with changes of cash flows and financial position of the borrower, in view of influence of restrictions for control of spread of koronavirusny infection if this asset was restructured no more than 3 (three) times, since March 1, 2020, in case of accomplishment of the following conditions:
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.
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)