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

of April 3, 2026 No. 50

About modification and amendments in some regulatory legal acts of the Republic of Kazakhstan concerning microfinancial activities and recognition voided resolutions of Board of National Bank of the Republic of Kazakhstan and separate structural elements of some resolutions of Board of the Agency of the Republic of Kazakhstan on regulation and development of the financial market

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 14, 2019 No. 192 "About approval of prudential standard rates and others obligatory to observance by the organization performing microfinancial activities, regulations and limits, technique of their calculations" (it is registered in the Register of state registration of regulatory legal acts at No. 19629) the following changes and amendment:

in Prudential standard rates and others obligatory to observance by the organization performing microfinancial activities, regulations and limits, technique of their calculations (further – Standard rates) approved by the specified resolution:

state Item 15 in the following edition:

"15. Calculation of coefficient of debt to the income of the borrower is perfromed by the microfinancial organization as follows:

where:

KDD – debt coefficient to the income of the borrower;

SZNZ – outstanding amount on all outstanding bank loans and the borrower's microcredits.

SZNZ is calculated as cumulative outstanding amount on all outstanding bank loans and the borrower's microcredits, including the amounts of overdue payments on all outstanding bank loans and the microcredits, the amounts by the used part of credit limit on credit card which conditions provide crediting of the borrower within credit limit, and also 10 (ten) percent from unused part of credit limit, credit card conditions of which provide crediting of the borrower within credit limit;

SNZ – the amount on the new debt of the borrower arising in cases, stipulated in Item 13 Standard rates;

SGDZ – gross annual income of the borrower which is calculated as average monthly wages amount and (or) other income types of the borrower determined based on the criteria specified in part two of Item 19 of Standard rates, for the last 6 (six) months, preceding date of the address of the borrower increased on 12.

In case of determination of the income of the borrower based on the criteria specified in subitems 1), 2), 3), 4), 5), 6), 7) and 8) to part two of Item 19 of Standard rates, the microfinancial organization carries out validation of the income used for calculation of coefficient of debt to the income of the borrower regarding lack of overestimate of the income for the account:

duplications of the same source of the income in two and more criteria of the income of the borrower;

replenishments of debit card, current accounts, deposits of the borrower due to transactions between accounts for the account of own and (or) borrowed funds of the same borrower.";

state Chapter 5 in the following edition:

"Chapter 5. Coefficient of debt load of the borrower of the organization performing microfinancial activities

16. Value of coefficient of debt load of the borrower of the microfinancial organization is established in the amount of 0,5 (zero whole five tenth).

Value of coefficient of debt load of the borrower having signs of person which is actively involved in gaming or the borrower having for the last 12 (twelve) months overdue debt on bank loan and (or) the microcredit over 90 (ninety) calendar days is established in the amount of 0,25 (zero whole twenty five 100-th).

17. The microfinancial organization perfroms calculation of coefficient of debt load of the borrower before decision making about (about):

to issue to the borrower of the microcredit, including issue of the microcredit (part of the microcredit) within the credit line opened for the borrower;

opening of credit line to the borrower (establishment of credit limit);

to issue to the borrower of the additional microcredit within signed signed the agreement (agreements) on provision of the microcredit;

change of the conditions of open credit line and (or) microcredit of the borrower attracting increase in the size of periodical payments on this microcredit according to the repayment schedule of the microcredit.

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