of April 24, 2013 No. 13/18
About approval of the Provision "About Procedure for Carrying Out the Kyrgyz Republic of Credit Auctions by National Bank for the purposes of Refinancing and Maintenance of Liquidity"
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 the Provision "About Procedure for Carrying Out the Kyrgyz Republic of Credit Auctions by National Bank for the purposes of Refinancing and Maintenance of Liquidity" it (is applied).
2. Declare invalid the Provision "About Procedure for Carrying Out the Kyrgyz Republic of Credit Auctions by National Bank for the purposes of Refinancing" approved by the resolution of Board of National Bank of the Kyrgyz Republic of November 14, 2012 No. 42/3.
3. According to Item 21 of the Provision "About Procedure for Carrying Out the Kyrgyz Republic of Credit Auctions by National Bank for the purposes of Refinancing and Maintenance of Liquidity" to approve the following type of non-bank financial credit institutes: microfinance companies and microcredit companies.
4. According to Item 22 of the Provision "About Procedure for Carrying Out the Kyrgyz Republic of Credit Auctions by National Bank for the purposes of Refinancing and Maintenance of Liquidity" to approve the maximum margin of banks in the amount of % 0,2.
5. To legal management to publish this resolution on the official site of National Bank of the Kyrgyz Republic.
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The document ceased to be valid since July 24, 2013 according to Item 2 of the Resolution of Board of National Bank of the Kyrgyz Republic of June 26, 2013 No. 20/13 "About approval of the Provision "About Procedure for Carrying Out the Kyrgyz Republic of Credit Auctions by National Bank for the purposes of Refinancing and Maintenance of Liquidity"