RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of November 2, 2015 No. 65/1

About modification and amendments in some regulatory legal acts of National Bank of the Kyrgyz Republic

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

1. Make changes and addition to the following resolutions of Board of National Bank of the Kyrgyz Republic (are applied):

- "About some regulatory legal acts of National Bank of the Kyrgyz Republic" of December 28, 2009 No. 51/6;

- "About approval of the Provision "About Classification of Assets and the Corresponding Allocations to Reserve on Covering of Potential Losses and Losses by the Microfinancial Organizations Performing Transactions according to the Islamic Principles of Banking and Financing" of September 24, 2014 No. 42/8;

- "About" regulations on the general principles of classification of assets and forming of reserves on covering of potential losses and losses by the microfinancial organizations in the Kyrgyz Republic which do not have the right to implementation of acceptance of deposits from physical persons and legal entities" of October 22, 2003 No. 31/3;

- "About approval of the Provision "About Classification of Assets and the Corresponding Allocations to Reserve on Covering of Potential Losses and Losses in the Credit Unions Performing Transactions according to the Islamic Principles of Banking and Financing" of April 23, 2014 No. 16/3;

- "About approval of new edition of the Provision "About Classification of the Credits in Credit Unions" of April 12, 2006 No. 10/6.

2. This resolution becomes effective after fifteen days from the date of official publication.

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