of February 20, 2023 No. 7
About modification of the resolution of Board of National Bank of the Republic of Kazakhstan of November 26, 2019 No. 208 "About approval of Rules of calculation of annual effective rate of remuneration on the provided microcredits"
Board of the Agency of the Republic of Kazakhstan on regulation and development of the DECIDES: financial market
1. Bring in the resolution of Board of National Bank of the Republic of Kazakhstan of November 26, 2019 No. 208 "About approval of Rules of calculation of annual effective rate of remuneration on the provided microcredits" (the following change is registered in the Register of state registration of regulatory legal acts at No. 19677):
in the Rules of calculation of annual effective rate of remuneration on the provided microcredits approved by the specified resolution:
state Item 2 in the following edition:
"2. The microfinancial organizations specify annual effective rate of remuneration numerically, in identical by the size and style of registration of fonts (italics, semifat, highlighting) to form with other rates of remuneration:
1) in case of distribution of information on remuneration sizes on the microcredits, including its publication;
2) in the agreement on provision of the microcredit signed with the client.
In the agreement on provision of the microcredit signed with the client, the annual effective rate of remuneration is published by means of devices of the computer equipment in one offer with other rates of remuneration.
If general terms are reflected in the agreement on provision of the microcredit in the form of the table, the annual effective rate of remuneration is specified in separate line (column), following after specifying of other rates.".
2. To provide to department of consumer protection of financial services in the procedure established by the legislation of the Republic of Kazakhstan:
1) together with Legal department state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;
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.