RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of April 19, 2023 No. 2023-P-12/25-2-(NPA)

About introduction of amendments to the Resolution of Board of National Bank of the Kyrgyz Republic "About some temporary solutions of National Bank of the Kyrgyz Republic concerning issuance of credits to borrowers of Batken Province" of November 18, 2022 No. 2022-P-12/71-1-(NPA)"

According to Articles 5, "About National Bank of the Kyrgyz Republic" the Board of National Bank of the Kyrgyz Republic decides 9 and 64 constitutional Laws of the Kyrgyz Republic:

1. Bring in the resolution of Board of National Bank of the Kyrgyz Republic "About some temporary solutions of National Bank of the Kyrgyz Republic concerning issuance of credits to borrowers of Batken Province" of November 18, 2022 No. 2022-P-12/71-1-(NPA) the following changes:

- recognize Items 5 and 6 invalid;

- in Item 8 of the word "till May 1" shall be replaced with words "till November 1".

2. This resolution becomes effective since April 28, 2023.

3. To legal management:

- from the date of receipt of the relevant documents within 1 (one) working day 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 inclusion in the State register of regulatory legal acts of the Kyrgyz Republic.

4. To management of methodology of supervision after official publication within 1 (one) working day to bring this resolution to the attention of OYuL "Union of Banks of Kyrgyzstan", commercial banks, OYuL "Association of the Microfinancial Organizations", the microfinancial organizations and JSC Garantiyny fond.

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