RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of March 26, 2012 No. 127

About the minimum sizes of the authorized capital of the organizations performing separate types of banking activities based on the license of authorized body on regulation, control and supervision of the financial market and the financial organizations

According to the Law of the Republic of Kazakhstan of August 31, 1995 "About banks and banking activity in the Republic of Kazakhstan" the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Establish the minimum size of the authorized capital:

1) for the National operator of mail - 1 (one) one billion tenges;

2) for the mortgage organizations - 800 (eight hundred) million tenges;

3) for the organizations performing banking loan activities, except for specified in subitems 1) - 2) this Item of the resolution - 800 (eight hundred) million tenges;

4) for other organizations performing other types of banking activities (except for legal entities whose exclusive type of activity is the organization of exchange transactions with foreign currency or implementation of transaction on collection of banknotes, coins and values), - 5 (five) million tenges.

2. Recognize invalid regulatory legal acts of the Republic of Kazakhstan according to appendix to this resolution.

3. This resolution becomes effective after ten calendar days after day of its first official publication.

Appendix

to the resolution of Board of National Bank of the Republic of Kazakhstan of March 26, 2012 No. 127

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