of March 1, 2024 No. 63
About acquisition of the Kyrgyz Republic of the block of shares of Keremet Bank open joint stock company by the Cabinet of Ministers at National Bank of the Kyrgyz Republic
Accepted by Jogorku Kenesh of the Kyrgyz Republic on February 14, 2024
This Law regulates procedure and conditions of acquisition by the Cabinet of Ministers of the Kyrgyz Republic (further - the Cabinet of Ministers) the block of shares of Keremet Bank open joint stock company (further - JSC Keremet Bank) belonging to National Bank of the Kyrgyz Republic (further - National Bank).
The Cabinet of Ministers on behalf of the Ministry of Finance of the Kyrgyz Republic (further - the Ministry of Finance) acquires packet of the common nominal shares of JSC Keremet Bank (further - the block of shares) belonging to National Bank in number of 84770588 (eighty four million seven hundred seventy thousand five hundred eighty eight) pieces which make percent 97,45 from total quantity of common nominal shares of JSC Keremet Bank, way of money transfer into the account of National Bank according to this Law.
1. Acquisition by the Cabinet of Ministers on behalf of the Ministry of Finance of the block of shares of JSC Keremet Bank, belonging to National Bank, is performed with the following provisions:
The Cabinet of Ministers on behalf of the Ministry of Finance acquires 1), and the National Bank transfers the block of shares of JSC Keremet Bank in number of 84770588 (eighty four million seven hundred seventy thousand five hundred eighty eight) pieces belonging to National Bank;
2) the price acquired by the Cabinet of Ministers on behalf of the Ministry of Finance of the block of shares is determined as market value and constitutes 7126432000 (seven billion hundred twenty six million four hundred thirty two thousand) som in case of the investment investments performed by National Bank in JSC Keremet Bank in the amount of 8216574400 (eight billion two hundred sixteen million five hundred seventy four thousand four hundred) som;
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