of February 8, 2016 No. 6/2
About conditions of carrying out swap transactions (without delivery) with commercial banks and provision conditions to commercial banks of domestic currency loans
According to Articles 5, 28 and 43 Laws of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic", Provisional regulations for procedure for carrying out the Kyrgyz Republic of swap transactions by the National Bank (without delivery) with commercial banks approved by the resolution of Board of National Bank of the Kyrgyz Republic of February 5, 2016 No. 5/3, Provisional regulations "About loan granting of the Kyrgyz Republic by National Bank to commercial banks when converting foreign currency loans in national currency", the approved resolution of Board of National Bank of the Kyrgyz Republic of February 5, 2016 No. 5/4 and for the purpose of support of commercial banks when implementing converting of foreign currency loans in national currency to the physical persons which appeared in difficult situation in connection with volatility of national currency, the Board of National Bank of the Kyrgyz Republic decides:
1. Determine the following parameters of carrying out swap transactions with commercial banks by provision of money in national currency in exchange for money in US dollars without delivery:
- transaction term - no more than 6 (six) months with possibility of further prolongation to 7 (seven) times on initial interest rate;
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.
The document ceased to be valid since February 20, 2018 according to Item 1 of the Resolution of Board of National Bank of the Kyrgyz Republic of January 31, 2018 No. 2018-P-09/4-4-(NPA)