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BOARD DECISION OF CENTRAL BANK OF THE AZERBAIJAN REPUBLIC

of July 10, 2012 No. 16/1

About approval "Regulations, procedure of payments and storage of required reserves"

(as amended on 13-10-2023)

The board of the Central bank of the Azerbaijan Republic according to articles 22.0.17 and 32.1 of the Law of the Azerbaijan Republic "About the Central bank of the Azerbaijan Republic" decides:

1. Approve "Regulation, procedure of payments and storages of required reserves" it (is applied);

2. Charge to legal department (R. Melikov) to provide within 3 days submission of this decision to the Ministry of Justice for inclusion in the State register of legal acts of the Azerbaijan Republic;

3. "The regulation, procedure of payments and storages of required reserves" becomes effective since 01.11.2012 and, since the specified date to recognize invalid approved by Board decision of the Central bank of the Azerbaijan Republic of 10.05.2005 (the protocol No. 11) (the certificate No. 3154 of 30.05.2005) "Regulation, procedure of payments and storages of required reserves" and the changes made to these Rules by decisions of 27.05.2008 (the certificate No. 3401 of 15.06.2008) and of 14.10.2008 (the certificate No. 3412 of 23.10.2008);

4. Charge to department of monetary management (H. Abdullaev, A. Aleskerov) to provide after entering of these rules into the State register of legal acts of the Azerbaijan Republic their mailing in commercial banks and carrying out with respect thereto to the special presentation for banks.

 

Chairman

E.Rustamov

Approved by the Decision of the Central bank of the Azerbaijan Republic of July 10, 2012 No. 16/1

Regulation, procedure of payments and storages of required reserves

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