RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of October 17, 2014 No. 45/2

About introduction of amendments to the resolution of Board of National Bank of the Kyrgyz Republic "About approval "Temporary procedure for application of special classification of the credits answering to certain criteria" of March 2, 2006 with No. 5/6

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. Bring in the resolution of Board of National Bank of the Kyrgyz Republic "About approval "Temporary procedure for application of special classification of the credits answering to certain criteria" of March 2, 2006 with No. 5/6 the following changes:

in the Temporary procedure for application of special classification of the credits answering to certain criteria, approved by the above-stated resolution:

- in state language to state the name in the following edition:

"Belgiluu бир to kriteriylerga of asses Bergen кредиттердин атайын классификациясын колдонуунун to tartiba ubaktylu";

- Item 1.1. state in the following edition:

"1.1. The temporary procedure for application of special classification of the credits answering to certain criteria" (further - the Procedure) is developed based on the legislation of the Kyrgyz Republic for the purpose of optimization of approaches to assessment of the credit risks and costs arising when implementing crediting by the commercial banks and other financial credit institutes licensed and regulated by National Bank of the Kyrgyz Republic, including performing activities according to the Islamic principles of banking and financing taking into account the special terminology applied by them in case of banking operations (further - banks/FKU).".

2. This resolution becomes effective after fifteen days after official publication.

3. To legal management:

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info