of December 29, 2021 No. 2021-P-12/75-3-(NPA)
About modification of some regulatory legal acts of National Bank of the Kyrgyz Republic
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 resolutions of Board of National Bank of the Kyrgyz Republic (are applied):
- "About approval of "Procedure for giving of the status of not charge of interest income" of April 28, 2004 No. 11/2;
- "About some regulatory legal acts of National Bank of the Kyrgyz Republic" of August 25, 2005 No. 26/5;
- "About approval of the Provision "About the Periodic Regulating Report of the Banks Performing Transactions according to the Islamic Principles of Banking and Financing" of March 30, 2011 No. 20/4.
2. This resolution becomes effective since January 1, 2023.
3. 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.
4. To management of methodology of supervision and licensing of banks to bring this resolution to the attention of commercial banks, OYuL "Union of Banks of Kyrgyzstan", the relevant structural divisions, regional managements and representative office of National Bank of the Kyrgyz Republic in Batken Province.
5. To impose control of execution of this resolution on the board member of the National Bank of the Kyrgyz Republic supervising management of methodology of supervision and licensing of banks.
Chairman of National Bank of the Kyrgyz Republic
K. Bokontayev
Appendix
to the Resolution of Board of National Bank of the Kyrgyz Republic of December 29, 2021 No. 2021-P-12/75-3-(NPA)
1. Bring in the resolution of Board of National Bank of the Kyrgyz Republic "About approval of the Procedure for giving of the status of not charge of interest income" of April 28, 2004 No. 11/2 the following changes:
according to the procedure of giving of the status of not charge of interest income, approved by the above-stated resolution:
- Item 1.1. add with the paragraph the second the following content:
"To the credit institutions performing transactions by the Islamic principles of financing including through "Islamic window", action of this Procedure extends regarding charge of the markup/income on transactions of murabakh and idzhar мунтахийя биттамлик taking into account the special terminology applied by them in case of banking operations.";
- Item 1.2. add with the paragraph the second the following content:
"For the credit institutions performing transactions by the Islamic principles of financing including through "Islamic window", percent are understood as the markup/income on transactions of murabakh and idzhar мунтахийя биттамлик.".
2. Bring in the resolution of Board of National Bank of the Kyrgyz Republic "About some regulatory legal acts of National Bank of the Kyrgyz Republic" of August 25, 2005 No. 26/5 the following changes:
in the Provision "About the Periodic Regulating Bank Statement" approved by the above-stated resolution:
- in subsection "З. The operations statement, carried out by bank within "Islamic window" of the Section 1 "Balance statement" of Appendix 2 part ". Disaggregation of other assets and other obligations" to state in the following edition:
"
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G. Disaggregation of other assets and other obligations |
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1. Other assets |
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a) the remuneration added to obtaining by bank |
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b) markup on murabakh |
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c) the advance payment paid |
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d) obscure debit amounts |
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e) precious metals |
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e) other other assets |
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2. Special RPPU on other assets, |
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including special RPPU on markup on murabakh |
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3. Net other assets |
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4. Other obligations |
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a) the remuneration added to payment to clients |
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b) delayed profit on murabakh |
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c) taxes to payment |
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d) obscure accounts payable |
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e) other other obligations |
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".
3. Bring in the resolution of Board of National Bank of the Kyrgyz Republic "About approval of the Provision "About the Periodic Regulating Report of the Banks Performing Transactions according to the Islamic Principles of Banking and Financing" of March 30, 2011 No. 20/4 the following changes:
in the Provision "About the Periodic Regulating Report of the Banks Performing Transactions according to the Islamic Principles of Banking and Financing" approved by the above-stated resolution:
- subsection D. "Disaggregation of other assets and other obligations of bank" Section 1. And. To state "balance statement" of Appendix 2 in the following edition:
"D. Disaggregation of other assets and other obligations of bank
(one thousand som)
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Name of Article |
In total |
Foreign currency |
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1. Other assets |
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a) the remuneration added to obtaining by bank |
|
|
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b) markup on murabakh |
|
|
|
c) the advance payment paid |
|
|
|
d) obscure debit amounts |
|
|
|
e) precious metals |
|
|
|
e) other other assets |
|
|
|
2. Special RPPU on other assets, |
|
|
|
including special RPPU on markup on murabakh |
|
|
|
3. Net other assets |
|
|
|
4. Other obligations |
|
|
|
a) the remuneration added to payment to clients |
|
|
|
b) delayed profit on murabakh |
|
|
|
c) taxes to payment |
|
|
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d) obscure accounts payable |
|
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e) payable dividends |
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e) other other obligations |
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|
".
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
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