"About the BANK"
Board of the National Bank of the Kyrgyz Republic
In accordance with the Kyrgyz Republic Law on National bank of the Kyrgyz Republic, banks and banking activity, management of the National Bank's activity is performed by the NBKR Board.
The Board of the National Bank of the Kyrgyz Republic determines the main directions/trends of the Bank of Kyrgyzstan activity and performs management on the basis of the accepted collegial decisions, providing execution of the major objectives of the National Bank, including maintenance of the national currency purchasing power, provision of effectiveness, security and stability of the banking and payment systems of the Kyrgyz Republic.
The Board of the National Bank of the Kyrgyz Republic performs its activity in compliance with the Law "On National bank of the Kyrgyz Republic, banks and banking activity" and Regulations. Sessions of the Board are arranged at least twice a month.
The regular meeting of the NBKR Board No.51 was arranged on December 28, 2009. In the course of the meeting 13 issues were considered and 12 resolutions were accepted, among them the resolution on new edition of the Provision on Analytic Balance Sheet of the National Bank of the Kyrgyz Republic (No.51/1); the resolution on the draft law of the Kyrgyz Republic on encashment (No.51/3); the resolution on Instructions for determination of the capital adequacy standards of the commercial banks, performing transactions in accordance with the Islamic principles of banking management (No.51/4); the resolution on the Provision “Minimum requirements for risks management in the Islamic banks” (51/5); the resolution on some normative and legal acts of the National Bank of the Kyrgyz Republic (No.51/6).
The Board of the National Bank of the Kyrgyz Republic also considered the issues, related to internal activity of the Bank.