Unofficial transfer (c) Soyuzpravoinform LLC
of July 22, 2022 No. 29/1-2
About approval of "Procedure for rather prudential standard rates and requirements in connection with credit risks, including large credit risks"
According to Articles 34.2. 5, 34.2.6 and 34.5 Laws of the Azerbaijan Republic "About banks" and article 22.0.17 of the Law of the Azerbaijan Republic "About the Central bank of the Azerbaijan Republic" DECIDES: Board of the Central bank of the Azerbaijan Republic
1. Approve "Procedure for rather prudential standard rates and requirements in connection with credit risks, including large credit risks" it (is applied).
2. Repeal the Resolution of the liquidated Chamber on supervision of the financial markets of the Azerbaijan Republic of November 16, 2018 No. 1851100016 "About approval of "Regulations of credit risks on one borrower or group of the connected borrowers" and the change approved in the specified Rules by the Resolution of November 18, 2019 No. 1951100034.
3. Charge to Legal department (Rena Melikova) in 3-day time to provide submission of this Resolution to the Ministry of Justice of the Azerbaijan Republic for entering into the State register of legal acts of the Azerbaijan Republic.
Chairman of the Central bank
Talekh Kazimov
Approved by the Resolution of Board of the Central bank of the Azerbaijan Republic of July 22, 2022, No. 29/1-2
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