RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of December 14, 2022 No. 2022-P-09/78-13-(NPA)

About recognition voided resolutions of Board of National Bank of the Kyrgyz Republic

According to article 64 of the constitutional Law of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic" the Board of National Bank of the Kyrgyz Republic decides:

1. Declare invalid the resolution of Board of National Bank of the Kyrgyz Republic "About approval of Provisional regulations "About provision of the Kyrgyz Republic of the credits by National Bank to commercial banks for the purpose of mitigation of negative impacts of pandemic of COVID-19 in the Kyrgyz Republic" of March 24, 2020 No. 2020-P-09/15-9-(NPA).

2. To legal management:

- within 3 (three) working days from the date of receipt of the relevant documents to 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.

3. This resolution becomes effective from the date of official publication.

4. To management of monetary transactions within 3 (three) working days to bring this resolution to the attention of commercial banks, relevant structural divisions of National Bank of the Kyrgyz Republic, 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 monetary transactions.

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