of February 17, 2014 No. 3/2
About modification and amendments in the resolution of Board of National Bank of the Kyrgyz Republic "About approval of the Provision "About Required Reserves" of March 19, 2010 No. 8/2
According to articles 22 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. Bring in the resolution of Board of National Bank of the Kyrgyz Republic "About approval of the Provision "About Required Reserves" of March 19, 2010 No. 8/2 the following change and amendment:
in the Provision "About Required Reserves" approved by the above-stated resolution:
- Item 2.6. state in the following edition:
"2.6. Control of accomplishment of ORT is made upon termination of two-week base period. Are recognized to ORT executed if in general for base period the difference between the amount of means on correspondent account of commercial bank in National Bank and the size of required reserves is positive or equal to zero. At the same time, on daily basis the size of means on correspondent bank accounts in National Bank for accomplishment of ORT shall be at least minimum level from amount of required reserves which size is determined by separate board decision of National Bank. Otherwise it is considered that the bank broke ORT, and the payment for their non-compliance, in accordance with the terms, determined in the Section 3 this provision is levied from it".
- add with Item 3.2.1. following content:
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The document ceased to be valid since April 1, 2019 according to Item 2 of the Resolution of Board of National Bank of the Kyrgyz Republic of March 13, 2019 No. 2019-P-07/10-1-(DKP)