RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of October 17, 2014 No. 45/1

About approval of provisions of National Bank of the Kyrgyz Republic

According to articles 7 and 43 of the Law "About National Bank of the Kyrgyz Republic", the Board of National Bank of the Kyrgyz Republic decides:

1. Approve following provisions:

- "About the periodic regulating report of the microfinance companies performing transactions according to the Islamic principles of banking and financing" (appendix No. 1);

- "About the periodic regulating report of the microcredit companies and mikrocreditny agencies performing transactions according to the Islamic principles of banking and financing" (appendix No. 2);

- "About the periodic regulating report of the credit unions performing transactions according to the Islamic principles of banking and financing" (appendix No. 3).

2. This resolution becomes effective on June 1, 2015.

3. To management on automation of activities of bank, Management of external supervision of National Bank to automate forms of periodic regulating reports till June 1, 2015.

4. To legal management of National Bank:

- publish this resolution on the official site of National Bank of the Kyrgyz Republic;

- after official publication to send this resolution to the Ministry of Justice of the Kyrgyz Republic for entering into the State register of regulatory legal acts of the Kyrgyz Republic.

5. To management of methodology of supervision and licensing of National Bank to bring this resolution to the attention of microfinance companies, microcredit companies, mikrocreditny agencies, credit unions.

6. To impose control of execution of this resolution on the vice-chairman of National Bank of the Kyrgyz Republic Orozbayeva L. D.

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