of February 24, 2012 No. 96
About approval of Rules of reference of the assets provided by banks to the affiliated organizations on acquisition of rights of requirements for the credits (loans) recognized as doubtful and bad assets to category doubtful and hopeless and also forming of provisions (reserves) against the assets provided by parent banks to the affiliated organizations
According to the Law of the Republic of Kazakhstan of December 28, 2011 "About modification and amendments in some legal acts of the Republic of Kazakhstan concerning banking regulation and the financial organizations regarding risk minimization" the Board of National Bank of the Republic of Kazakhstan DECIDES:
1. Approve the enclosed Rules of reference of the assets provided by banks to the affiliated organizations on acquisition of rights of requirements for the credits (loans) recognized as doubtful and bad assets to category doubtful and hopeless and also forming of provisions (reserves) against the assets provided by parent banks to the affiliated organizations.
2. This resolution becomes effective after ten calendar days after day of its first official publication.
Chairman
G. Marchenko
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"IS APPROVED" Ministry of Finance of the Republic of Kazakhstan Minister B. Zhamishev April 9, 2012 |
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Approved by the resolution of Board of National Bank of the Republic of Kazakhstan of February 24, 2012 No. 96
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The document ceased to be valid since April 14, 2018 according to Item 2 of the Resolution of Board of National Bank of the Republic of Kazakhstan of February 26, 2018 No. 41