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The document ceased to be valid since  August 20, 2024 according to Item 1 of the Resolution of Board of the Agency of the Republic of Kazakhstan on regulation and development of the financial market of August 19, 2024 No. 64

About entry into force of the document watch item 4

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

of May 26, 2023 No. 25

About modification of the resolution of Board of National Bank of the Republic of Kazakhstan of November 26, 2019 No. 209 "About limiting establishment of value of remuneration under the agreement on provision of the microcredit"

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. 209 "About limiting establishment of value of remuneration under the agreement on provision of the microcredit" (the following change is registered in the Register of state registration of regulatory legal acts at No. 19715):

state Item 1 in the following edition:

"1. Establish extreme value of remuneration under the agreement on provision of the unsecured microcredit for the period up to forty five calendar days signed with physical person:

in the amount of less than 1 (one) percent a day, but no more than 20 (twenty) percent from the amount of the issued microcredit which is not exceeding the thirtyfold size of the monthly settlement indicator established for the corresponding financial year by the law on the republican budget;

in the amount of less than 1 (one) percent a day, but no more than 15 (fifteen) percent from the amount of the issued microcredit equal or exceeding the thirtyfold size of the monthly settlement indicator established for the corresponding financial year by the law on the republican budget.

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