of December 24, 2012 No. 378
About approval of Rules of calculation of annual effective rate of remuneration on the provided microcredits
According to the Law of the Republic of Kazakhstan of November 26, 2012 "About the microfinancial organizations" the Board of National Bank of the Republic of Kazakhstan DECIDES:
1. Approve the enclosed Rules of calculation of annual effective rate of remuneration on the provided microcredits.
2. This resolution becomes effective after ten calendar days after day of its first official publication and extends to microcredit institutions till January 1, 2016.
Chairman of National Bank
G. Marchenko
Approved by the Resolution of Board of National Bank of the Republic of Kazakhstan of December 24, 2012 No. 378
These rules of annual effective rate of remuneration on the provided microcredits (further - Rules) are developed according to the Law of the Republic of Kazakhstan of November 26, 2012 "About the microfinancial organizations" (further - the Law) and establish procedure of payments microfinancial and microcredit institutions (further - the microfinancial organizations) annual effective rate of remuneration on the provided microcredits.
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The document ceased to be valid since January 1, 2020 according to Item 2 of the Resolution of Board of National Bank of the Republic of Kazakhstan of November 26, 2019 No. 208