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THE RESOLUTION OF BOARD OF THE AGENCY OF THE REPUBLIC OF KAZAKHSTAN ON REGULATION AND DEVELOPMENT OF THE FINANCIAL MARKET

of February 20, 2023 No. 8

About modification of the resolution of Board of National Bank of the Republic of Kazakhstan of March 26, 2012 No. 137 "About approval of Rules of calculation of rates of remuneration in reliable, annual, effective, comparable basis (actual cost) on loans and deposits"

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 March 26, 2012 No. 137 "About approval of Rules of calculation of rates of remuneration in reliable, annual, effective, comparable basis (actual cost) on loans and deposits" (the following change is registered in the Register of state registration of regulatory legal acts at No. 7663):

in Rules of calculation of the rates of remuneration in reliable, annual, effective, comparable basis (actual cost) on loans and deposits approved by the specified resolution:

state Item 2 in the following edition:

"2. Banks 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 services, including its publications;

2) in the service provision agreement signed with clients.

In the service provision agreement signed with clients, 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 service provision agreement 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;

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