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RESOLUTION OF BOARD OF CENTRAL BANK OF THE AZERBAIJAN REPUBLIC

of June 6, 2022 No. 20/1

About modification of "Regulations, procedure of payments and storages of required reserves", approved by Board decision of the Central bank of the Azerbaijan Republic of July 10, 2012 No. 16/1

The board of the Central Bank of the Azerbaijan Republic according to article 22.0.17 of the Law of the Azerbaijan Republic "About the Central bank of the Azerbaijan Republic", DECIDES:

1. Approve changes in "Regulations, procedure of payments and storages of required reserves", approved by Board decision of the Central bank of the Azerbaijan Republic of July 10, 2012 No. 16/1 (are applied).

2. Charge to Legal department (Rena Melikova) within 3 days to provide submission of this Decision to the Ministry of Justice for inclusion in the State register of legal acts of the Azerbaijan Republic.

Approved by the Resolution of Board of the Central bank of the Azerbaijan Republic of June 6, 2022 No. 20/1

Changes in "Regulations, procedure of payments and storages of required reserves", approved by Board decision of the Central bank of the Azerbaijan Republic of July 10, 2012 No. 16/1

In "Regulations, procedure of payments and storages of required reserves", approved by Board decision of the Central bank of the Azerbaijan Republic of July 10, 2012 No. 16/1, to make the following changes:

1. state Item 2.2 in the following edition:

"2.2. Regulations of required reserves are established by Board of the Central bank by differentiation in the following procedure:

2.2.1. on all amount of the deposits attracted in national currency and also in precious metals, and calculation base;

2.2.2. on all amount of the deposits attracted in foreign currency and also in precious metals, and calculation base;

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