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RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of October 12, 2012 No. 40/3

About modification and amendments in some regulatory legal acts of National Bank of the Kyrgyz Republic

According to articles 7 and 43 of the Law of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic", the Board of National Bank of the Kyrgyz Republic decides:

1. Approve changes and amendments in the following regulatory legal acts of National Bank of the Kyrgyz Republic:

- in the Provision "About the Minimum Requirements on Credit Risk Management in the Commercial Banks and Other Financial Credit Institutes Licensed by National Bank of the Kyrgyz Republic" approved by the resolution of Board of National Bank of the Kyrgyz Republic on June 30, 2010 No. 52/4 it (is applied);

- in the Provision "About the Minimum Requirements on Management of Country Risk in the Commercial Banks and Other Financial Credit Institutes Licensed by National Bank of the Kyrgyz Republic" approved by the resolution of Board of National Bank of the Kyrgyz Republic on June 28, 2006 No. 19/3 it (is applied);

- in the Provision "About Classification of Assets and the Corresponding Allocations to Reserve on Covering of Potential Losses and Losses" approved by the resolution of Board of National Bank of the Kyrgyz Republic on July 21, 2004 No. 18/3 it (is applied).

2. To legal Management:

- publish this resolution on the official site of National Bank of the Kyrgyz Republic and in the "Regulations of National Bank of the Kyrgyz Republic" magazine;

- after official publication to send this resolution to the Ministry of Justice of the Kyrgyz Republic for entering into the State register of regulatory legal acts of the Kyrgyz Republic.

3. This resolution becomes effective after 15 days after official publication.

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