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RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of November 25, 2011 No. 185

About approval of Rules of determination of aggregative indicator and the maximum size of ratio of total amount of the forgiven bad debt on the credits to aggregative indicator, procedure for determination of settlement indicator and its size, the bases and procedure for forgiveness of bad debt and introduction of amendments to the resolution of Board of the Agency of the Republic of Kazakhstan on regulation and supervision of the financial market and the financial organizations of December 25, 2006 No. 296 "About approval of Rules of classification of assets, contingent obligations and creations of provisions (reserves) against them"

(as amended of the Resolution of Board of National Bank of the Republic of Kazakhstan of 27.05.2013 No. 137)

According to the Law of the Republic of Kazakhstan of July 21, 2011 "About modification and amendments in some legal acts of the Republic of Kazakhstan on the tax matters" the Board of National Bank of the Republic of Kazakhstan decides:

1. Approve the enclosed Rules of determination of aggregative indicator and the maximum size of ratio of total amount of the forgiven bad debt on the credits to aggregative indicator, procedure for determination of settlement indicator and its size, the bases and procedure for forgiveness of bad debt.

2. Ceased to be valid according to the Resolution of Board of National Bank of the Republic of Kazakhstan of 27.05.2013 No. 137

3. This resolution becomes effective after ten calendar days after day of its first official publication. Item 1 of this resolution extends to the relations which arose since January 1, 2011 and is effective till December 31, 2012.

Chairman of National Bank

G. Marchenko

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