RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of April 23, 2014 No. 71

About approval of Rules of activities of the affiliated organization acquiring doubtful and bad assets of parent bank

According to the Law of the Republic of Kazakhstan of August 31, 1995 "About banks and banking activity in the Republic of Kazakhstan" the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of activities of the affiliated organization acquiring doubtful and bad assets of parent bank.

2. Recognize invalid the following regulatory legal acts of the Republic of Kazakhstan:

1) the resolution of Board of National Bank of the Republic of Kazakhstan of February 24, 2012 No. 86 "About approval of Rules of activities of the affiliated organization acquiring doubtful and bad assets of parent bank" (registered in the Register of state registration of regulatory legal acts at No. 7541, published on July 18, 2012 in the Kazakhstanskaya Pravda newspaper No. 229-230 (27048-27049));

2) Item 9 of the List of regulatory legal acts of the Republic of Kazakhstan concerning banking regulation to which changes and additions are made, the Board of National Bank of the Republic of Kazakhstan approved by the resolution of February 25, 2013 No. 74 "About modification and amendments in some regulatory legal acts concerning banking regulation" (registered in the Register of state registration of regulatory legal acts at No. 8436, No. 85 published on June 12, 2013 in the Yuridicheskaya Gazeta newspaper (2460)).

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