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Appendix 2

to the Resolution of the Supervisory Committee of the National Bank of the Kyrgyz Republic dated December 26, 2014 No. 46/1

METHODOLOGICAL GUIDELINES 

for filling out a periodic regulatory report of microcredit companies and microcredit agencies carrying out operations in accordance with Islamic principles of banking and financing 

(As amended by resolutions of the Supervision Committee of the National Bank of the Kyrgyz Republic dated September 1, 2016 No. 36/1, October 5, 2017 No. 37/3, February 8, 2018 No. 6/2, July 2, 2018 No. 30/5, February 11, 2021 No. 05/3) 

I. General provisions 

1. These guidelines provide an explanation of the procedure for completing the annexes to the regulation "On the Periodic Regulatory Report of Microcredit Companies and Microcredit Agencies Carrying out Operations in Accordance with the Islamic Principles of Banking and Finance" (hereinafter referred to as PRR), in the following sections:

1) title page;

2) Information about the members of the Board of Directors, the Board, the Sharia Council of the MCC/MCA and the main founders (shareholders) of the MCC/MCA;

3) information about individual officials;

4) basic information;

5) section 1 "Regulatory financial statement";

6) section 2 "Statement of comprehensive income";

7) section 3 "Information on assets";

8) section 4 "Self-assessment report";

9) section 5 "Report on foreign assets and liabilities";

10) section 6 "Disclosures".

11) section 7 Information on compliance with economic standards of the MCC

(As amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated September 1, 2016 No. 36/1) 

2. (No longer valid in accordance with the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated October 5, 2017 No. 37/3) 

3. Sections not described in these guidelines are filled in in accordance with the relevant regulatory legal acts of the National Bank.

II. Front page 

4. The title page indicates:

1) date and outgoing registration number;

2) the date as of which the report was prepared. The date is the last day of the reporting period and the report is prepared as of the end of the day;

3) date of completion of the report;

4) frequency - "quarterly", "annual" or "adjustment". Submission of an amended report is allowed if errors of a technical nature occur. In this case, only those reporting forms are submitted that have been amended, and the changes are marked with a marker;

5) the reliability of the report is confirmed - one or two of the following lines are indicated:

a) internal audit - if the audit was carried out by internal audit or auditors;

b) internal audit without an opinion - if an audit has been carried out, and as a result of which an audit opinion on the correctness of banking operations and accounting is not submitted;

c) internal audit with an opinion - if an audit has been carried out, and as a result of which an audit report is submitted on the correctness of banking operations and accounting;

6) the name of the reporting entity, which is indicated in block letters;

7) certifying signatures of the head of the executive body, chief accountant;

8) the signature of the employee responsible for compiling and submitting the PRO, indicating the position, last name, first name, patronymic and telephone number.

III . Information about the members of the Board of Directors, the Board, the Shariah Council and the main founders (shareholders) of the MCC/MCA 

(Chapter name as amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated September 1, 2016 No. 36/1) 

5. This section is filled out only if there are governing bodies (or an equivalent body) in the form:

1) the Board of Directors;

2) Boards.

6. Information about the members of the Board of Directors (or a body equivalent to them), the Board (or a body equivalent to them), the Sharia Council, as well as the main founders (shareholders) must contain the following information:

1) surname, name and patronymic;

2) place of work (not indicated for members of the Management Board);

3) position;

4) work phone number (including number code);

5) sample signature (not specified for the main founders (shareholders).

(As amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated September 1, 2016 No. 36/1) 

IV. Information about individual officials 

7. Information about individual officials contains a list of the following individual officials (or persons equivalent to them):

1) chief accountant;

2) the person responsible for the financing activity;

3) head of the internal audit service/department.

8. For each official, the following information should be contained:

1) surname, name and patronymic;

2) position;

3) work phone number (including number code);

4) sample signature.

V. Basic information 

9. Basic information about a microcredit company and a microcredit agency (hereinafter - MCC and MCA) must contain the following information:

1) the full name of the reporting organization - the full official name of the MCC and MCA;

2) address:

a) city - the name of the city or locality where the head office of the MCC and MCA is located;

b) street, house number - street name and building number (floor, office, etc.) of the head office of the MCC and MCA;

c) postal code - the index of the post office;

3) officially announced relationship:

a) telephone - telephone number of the MCC and MCA, contact telephone number;

b) fax - fax number of MCC and MCA (provided if fax is available);

c) e-mail - the official e-mail address of the MCC and MCA (provided if e-mail is available);

4) website of the MCC and the MCA on the Internet - the official website of the MCC and the MCA on the Internet (provided if the website is available);

5) MCC and MCA staff - officially registered number of MCC and MCA employees.

VI. Sections of the Periodic Regulatory Report 

1. Section 1. "Regulatory statement of financial position" 

10. In the statement of financial position, the most significant items of the financial position of MCCs and MCAs are singled out separately from the point of view of the regulatory report.

The regulatory statement of financial position consists of three columns:

1) the name of the article of the report;

2) total - the value of the item in soms;

3) foreign currency - the som equivalent of balance sheet items in foreign currency at the policy rate of the National Bank as of the reporting date;

4) all amounts must be indicated in thousands of soms;

5) the amounts in the items of the statement of financial position (except for financing) are shown net of the corresponding amounts of reserves to cover potential losses and losses (hereinafter referred to as LLP), depreciation charges and discount/premium.

1 §. Subsection A. "Assets" 

11. Article 1 "Cash" indicates the amount of money, including banknotes and coins in circulation, in soms and other currencies.

Article 2 "Settlement accounts" indicates the amount of money on settlement accounts in banks or other financial and credit organizations, including in foreign currency.

Article 3 "Cash in accounts with other banks and financial and credit organizations" indicates the amount of money in accounts with other banks and other financial and credit organizations, including in foreign currency.

Article 4 "Securities" specifies the book value of securities compliant with Shariah standards held by MCCs and MCAs: a portfolio of trading securities available for sale and securities held to maturity.

Article 5 "Financing provided to financial and credit organizations" indicates the unpaid balance of the principal amount of financing provided to financial and credit organizations as of the reporting date.

Item 6 "Financing provided to customers" indicates the unpaid balance of the principal amount of financing provided to customers, except for financing provided to financial and credit organizations at the reporting date.

The amount of financing provided to financial and credit institutions and customers should be equal to the amount of financing provided to financial and credit organizations in tables 3A "Classification of assets by risk degree" and the amount of financing reflected in tables 3B "Financing methods" and 3C "Financing portfolio breakdown by industries and regions" of Section 3 "Information on Assets".

Article 7 "Minus: LLP" indicates the amount of special LLP for financing provided to financial and credit organizations and other clients.

The amount of the special LLP under this item should be equal to the amount of the special LLP in Table 3A "Classification of Assets by Risk".

Item 8 "Total Funding" indicates the amount of funding minus the special LLP for funding (the sum of items 5 and 6 minus item 7).

Item 9 "Investments" indicates the amount of capital investments in companies that are not consolidated in this report.

Article 10 "Assets/inventory for onward transfer to customers" specifies the value of buildings, structures, furniture, equipment and other assets/inventory acquired by the MCC and MCA for onward transfer to customers, including under Murabaha, Ijara/Ijara Muntahiya Bittamlik agreements. The data is broken down into real estate and movable property.

Article 11 "Fixed assets" indicates the value of land or land, buildings and other structures owned or used by the MCC and MCA, furniture and equipment, including vehicles, as well as the cost of material, labor and other capitalized expenses arising from with construction or major repairs.

Article 12 "Other property, total" indicates the sum of the following sub-items:

a) "client's real estate accepted in repayment of received financing" indicates the client's real estate (former collateral) accepted by the MCC and MCA to repay the asset, less the corresponding LLP;

b) "other property of the client accepted in repayment of the provided financing" indicates other property of the client (except for real estate) accepted by the MCC and MCA in repayment of the asset, minus the corresponding LLP.

Article 13 "Other assets" indicates the carrying value of assets not listed above.

Article 14 "Total assets" indicates the sum of articles 1, 2, 3, 4, 8, 9, 10, 11, 12, 13.

2 §. Subsection B. Liabilities and Equity 

12. Article 1 “Financing received from the banks of the Kyrgyz Republic” indicates the financing received by MCCs and MCAs from commercial banks of the Kyrgyz Republic.

Article 2 "Financing received from other financial and credit organizations of the Kyrgyz Republic" indicates the financing received by MCCs and MCAs from financial and credit organizations of the Kyrgyz Republic, except for commercial banks of the Kyrgyz Republic.

Article 3 "Financing received from international financial institutions and donors" indicates the funding received by the MCC and MCA from international financial institutions and donor organizations (other sources of funding).

Article 4 "Financing received from international financial institutions" indicates the financing received by MCCs and MCAs from international banks.

Article 5 "Obligations to public authorities" specifies funds received from public authorities.

Article 6 "Subordinated debt" specifies long-term obligations, the owners of which are entitled to the assets after satisfaction of the claims of other creditors. This item also reflects grants, provided that the grant was received by the MCC and the MCA for a specified period of time or under specified conditions.

Article 7 "Funds borrowed by the MCC from legal entities and founders (shareholders) indicates the amount of borrowings from legal entities and founders (shareholders) - individuals and legal entities. Information is provided in a breakdown:

a) "Funds borrowed by the MCC from the founders (shareholders) - individuals" indicates the amount of borrowings from the founders (shareholders) - individuals;

b) "Funds borrowed by the MCC from the founders (shareholders) - legal entities" indicates the amount of borrowings from the founders (shareholders) - legal entities.

Article 8 "Miscellaneous" specifies other obligations not reflected in the previous articles.

Article 9 of the "Total Obligation" indicates the sum of Articles 1-8.

Note: in section 6 "Disclosures" it is necessary to disclose in detail information about the sources of funding received, obligations, grants and other obligations.

Article 10 "Authorized capital (common shares)" indicates the total amount of ordinary shares / founding contributions of the MCC and MCA.

Article 11 "Preferred shares" indicates the total amount of preferred shares of MCC and MCA (for joint-stock companies).

Article 12 "Capital invested in excess of par value" indicates the amount of funds contributed by shareholders and founders in excess of the par value of MCC and MCA shares, which is the difference between the sale price of ordinary and preferred shares and their par value.

Article 13 "Additional capital contributed by individuals and legal entities" indicates the funds contributed by individuals and legal entities in excess of the paid-in authorized capital or as additional capital, which is taken into account until the moment of re-registration in connection with a change in the authorized capital. These funds are credited only if the MCC and MCA have an agreement with individuals and legal entities on depositing funds through the acquisition of shares/stakes in the authorized capital of the MCC and MCA with the conditions:

- irrevocable (under no circumstances);

- indefiniteness of the contributed funds;

- in case of bankruptcy of MCC and MCA, claims for these funds will be satisfied in the same order as the shareholders of MCC and MCA.

Subsequently, additional funds contributed by individuals and legal entities must be directed to the authorized capital (common or preferred shares) of MCCs and MCAs.

Article 14 "Retained earnings (losses)" indicates the amount of net retained earnings or losses of MCCs and MCAs. This article includes the sum of the following sub-articles:

a) "profit (loss) of previous years" indicates the profit or loss of previous years that remained in the MCC and MCA after deduction to reserves for future needs and the corresponding payments of profit to the founders (shareholders);

b) "profit (loss) of the current year" indicates the profit (loss) received by MCC and MCA in the current year.

The amount shown in this item should be equal to the amount of item 27 "Net profit (losses)" of Section 2 "Statement of Comprehensive Income".

Article 15 "Reserves for future needs" indicates the amount of reserves created for future events in the MCC and MCA through the distribution of profits.

Article 16 "Revaluation reserve" indicates the amount of available reserves created through the revaluation of assets and the unrealized exchange rate difference from the revaluation of foreign currency.

Article 17 "Total LLP for financing" indicates the amount of the total LLP for financing.

The sum of the total LLP must be equal to the sum of the total LLP specified in Table 3A "Classification of Assets by Risk" in Section 3 "Financing Portfolio Information".

Article 18 "Total capital" indicates the sum of articles 9 to 17.

Article 19 "Total: Liabilities and Equity" indicates the sum of Articles 8 and 18.

(As amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated September 1, 2016 No. 36/1) 

3 §. Subsection B. "Off-Balance Liabilities" 

13. Article 1, Commitments to provide funding, reflects commitments to provide funding.

Article 2 "Currency transactions" reflects the obligations of the MCC and MCA for foreign exchange transactions.

Item 3 "Obligations to purchase assets" reflects the obligations of the MCC and MCA to purchase assets in the future.

Item 4 "Other off-balance sheet liabilities" reflects all other off-balance sheet liabilities not listed above.

Item 5 of "Total Off-Balance Liabilities" shows the sum of items 1 to 4.

(As amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated September 1, 2016 No. 36/1) 

4 §. Subsection D. "Breakdown of other assets and other liabilities" 

14. Article 1 "Other assets" indicates the breakdown of the assets of the MCC and MCA under the following items:

a) "income accrued receivable" indicates the amount of accrued income receivable by MCC and MCA;

b) "advance payment paid" indicates the amount of payments made by MCC and MCA to other parties in accordance with the terms of the contracts;

c) "unclarified receivables" shall indicate the amounts of money before clarification;

d) "other other assets" shall indicate the amount of other other assets of MCCs and MCAs not specified above.

Article 2 "Special LLP for Other Assets" indicates the amount of special LLP for the above-mentioned other assets of MCCs and MCAs.

Item 3 "Net other assets" indicates the net value of other assets (the difference between items 1 and 2).

Article 4 "Other obligations" shows a breakdown of obligations:

a) "income accrued to customers payable" shall indicate the amount of accrued income on MCC and MCA operations payable;

b) "deferred income (margin) on murabaha and salam operations" indicates deferred income on murabaha and salam operations;

c) "taxes payable" indicates the amount of obligations to be transferred to the budget;

d) "unexplained accounts payable" shall indicate the amounts of money before clarification;

e) "dividends payable" indicates the amount of money to be paid to shareholders;

f) "other other liabilities" shall indicate other other liabilities not specified above, including LLP on off-balance sheet liabilities.

This article should be equal to article 9 of subsection B. "Liabilities and capital".

2. Section 2. "Statement of Comprehensive Income" 

15. The statement of comprehensive income consists of three columns:

1) the column "item name" shall indicate the items on which the MCC and MCA receive income;

2) in the column "current period" the values of articles with a cumulative total for the reporting period are indicated;

3) in the column "previous period" the values of the article for the same period of the previous year shall be indicated.

If the "current period" column contains a report as of December 31 of the reporting year, then the "previous period" column should contain information as of December 31 of the year preceding the reporting year. If semi-annual reporting is submitted as of June 30 of the reporting year, respectively, as the previous period, the reporting as of June 30 of the previous year is indicated.

The amounts in this report can be positive or negative. The negative amount, i.e. the amount of the net loss or expense for the year, must be shown in parentheses.

All amounts must be indicated in thousands of soms.

§ 1. Subsection "Income received from operations" 

16. Article 1 "Income from funds placed on accounts in commercial banks" indicates the income received by MCCs and MCAs from placements in banks and other financial and credit organizations.

Article 2 "Income from financing provided by the FCO" indicates the income received from financing provided to financial and credit organizations.

Item 3 "Income from financing provided to clients" indicates the income received by MCCs and MCAs from financing to clients other than FCOs.

Item 4 "Other income from operations" refers to income not listed above, including income from securities.

Article 5 "Total" indicates the total amount of articles 1, 2, 3 and 4.

§ 2. Subsection "Expenses incurred on operations" 

17. Item 6, Costs Incurred from Operations, sets out the costs incurred by MCCs and MCAs on funding received and other transactions.

Item 7 "Net income received from operations" indicates the difference between items 5 and 6.

Article 8 "Expenses for the formation of LLP" indicates the costs of special and general LLP for financing.

Item 9 “Net income received from operations after LLP deductions” shows the amount of net income after LLP deductions as the difference between items 7 and 8.

§ 3. Subsection "Income from other operations" 

18. Article 10 "Service fees and commissions" specifies the fees and charges for services received by the MCC and the MCA.

Article 11 "Income from investments" indicates the income received by MCCs and MCAs from investments in capital and shares, incl. to subsidiaries and associates.

Article 12 "Foreign exchange gains/losses" indicates the income received by MCCs and MCAs as a result of activities in foreign currencies due to changes in the exchange rate.

Article 13 "Income from agency operations" indicates the income received by MCCs and MCAs as a result of the implementation of retail banking services on the basis of agency agreements.

Article 14 "Other income" refers to income not listed above.

Article 15 "Total" indicates the sum of articles 10 and 14.

§ 4. Subsection "Operating expenses and expenses for charity" 

19. Article 16 "Personnel costs" refers to the costs associated with the payment of salaries, bonuses and other similar payments to employees of the MCC and MCA (including payments to the supervisory body / Board of Directors / Shariah Board).

Article 17 "Expenses on fixed assets" indicates the costs of maintaining buildings and structures, furniture, vehicles, equipment, computers, software, as well as intangible assets, including depreciation charges and property tax expenses.

Article 18 "Administrative Expenses" specifies expenses for stationery, communications, transport, travel expenses, utilities, representation expenses, staff training, car depreciation, car expenses, payment for services of involved specialists, computer data processing expenses, expenses for advertising and marketing, publication and subscription costs, other administrative expenses.

Item 19 "Other operating expenses" specifies all operating and other expenses not mentioned above, including contingencies.

Article 20 "Taxes" indicates the costs associated with the payment of taxes, except for property tax and income tax.

Article 21 "Takaful" specifies the costs associated with insurance (takaful).

Article 22 "Total" indicates the amount of articles 16 to 21.

Article 23 "Expenses on LLP (other than financing transactions)" indicates the amount of expenses on special and general LLP for operations other than financing.

Article 24 "Profit (loss) before taxes" indicates the net profit (loss) received by the MCC and MCA (the sum of articles 5 and 15, minus articles 6, 8, 22 and 23).

Article 25 "Expenditures for zakat and charity" specifies the expenses allocated by the MCC and MCA for zakat and charity.

Article 26 "Income Tax" specifies income tax expenses. Item 25 "Net profit (loss)" indicates the net profit (loss) of the reporting entity (item 24 minus items 25 and 26).

3. Section 3. "Information about assets" 

20. This section includes statistical information about the debt balances of the financing portfolio at the reporting date.

1 §. Subsection A. "Classification of assets by risk" 

21. This table contains information on assets subject to risk classification, as well as on the amount of LLP.

22. For all types of assets, their value minus the corresponding discount (if any) must be indicated.

Column 1 "Item" indicates the type of asset to be classified.

Column 2 "Total" indicates the sum of columns 3 and 5.

Column 3 "Current (not overdue) assets" indicates the balance of debt on the principal amount of assets for which there are no delays in planned payments for the principal amount and for margin/income.

Column 4 "Restructured assets" indicates the amount of restructured assets (in this case, the amount of restructured assets should be included in the amount of overdue or not overdue assets).

Column 5 "Total overdue assets" indicates the balance of debt on the principal amount of assets for which there are delays in planned payments for 1 day or more on the principal amount and on margin/income.

Columns 6, 7, 8, 9, 10, 11 indicate the balance of debt on the principal amount of assets classified from "normal" to "losses" in accordance with the requirements of regulatory legal acts of the National Bank of the Kyrgyz Republic.

Column 11 "Total assets in non-accrual status" indicates the amounts of overdue assets for which the accrual of markup/income has been suspended in accordance with the internal policy of MCCs and MCAs and in accordance with the requirements of the Procedure for granting the status of non-accrual interest income, approved by the decision of the Board of the National Bank dated April 28, 2004 No. 11/2.

Columns 12 and 13 indicate the amount of LLP, broken down by types of general and special reserves in accordance with the regulations of the National Bank.

Restructured assets are indicated for reference.

(As amended by the resolutions of the Supervision Committee of the National Bank of the Kyrgyz Republic dated September 1, 2016 No. 36/1, July 2, 2018 No. 30/5, February 11, 2021 No. 05/3) 

2 §. Subsection B. "Methods of financing" 

23. Column 1 indicates the funding methods used by the MCC and the MCA:

1) group financing without collateral - financing of a group of individuals under subsidiary group liability without collateral;

2) group financing secured by collateral - financing of a group of individuals subject to the availability of collateral;

3) individual financing without collateral - financing of individuals and legal entities without collateral (including guarantees);

4) individual financing secured by collateral - financing of individuals and legal entities subject to the availability of collateral;

5) other - other methods of financing not provided above;

6) total - reflects in the second column the total amount of financing for all methods of financing, and in the fourth column the total number of clients as of the reporting date.

Column 2 "Amount" indicates the amount of the balance of all funding for each funding method at the reporting date.

Column 3 Markup/Revenue shows the weighted average markup/revenue for each funding method.

Column 4 "Number of financing transactions" indicates the number of financing transactions outstanding at the reporting date, in accordance with each financing method. If financing is issued to a group of clients, it is necessary to indicate the number of contracts concluded within this group for financing.

Column 5 "Number of customer complaints" indicates the number of customer complaints by each funding method.

Column 6 "Yield rate at the end of the reporting period, in %" indicates the weighted average rate of return for each method of financing.

The determination of the yield ratio is comparable to the determination of the annual effective interest rate. Yield ratio - income in reliable, annual, effective, comparable terms, the calculation of which takes into account the client's payments related to obtaining financing or remuneration to the client for placing funds on a deposit account.

The yield ratio is calculated in accordance with the Regulation "On the calculation of the effective interest rate when distributing information on the amount of remuneration for banking services", approved by the Resolution of the Board of the National Bank dated August 27, 2008 No. 33/4.

The weighted average rate of return is calculated in accordance with paragraph 26 of these guidelines.

(As amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated February 8, 2018 No. 06/2) 

3 §. Subsection B. "Financing Portfolio Breakdown by Industry and Region" 

24. Information on this subsection is provided by regions, as well as on a consolidated basis for the republic in 9 tables:

1) table No. 1 - for the republic;

2) table No. 2 - for Bishkek;

3) table No. 3 - for Chui region;

4) table No. 4 - for Talas region;

5) table No. 5 - for the Issyk-Kul region;

6) table No. 6 - for Naryn region;

7) table No. 7 - for Osh region;

8) table No. 8 - for Jalal-Abad region;

9) table No. 9 - for Batken region.

The tables given in this section are filled in in the following order: the indicators for the whole Kyrgyz Republic are reflected in the first table, the indicators of the regions of the Kyrgyz Republic in accordance with the title are indicated from the 2nd to the 9th table.

25. If the MCC and MCA operate in only one region, then the required information on a consolidated basis for the republic should correspond to the data for the region. Data on the activities of regional branches are presented on a consolidated basis to the National Bank at the location of the head office.

Each table is accompanied by the name of the region for which data are provided, or, if this is summary information, it is indicated that these are data for the republic.

Column 2 "Sectors" indicates the list of sectors of the economy financed by the MCC and MCA.

Column 3 "Number of active clients" indicates the number of clients served by MCCs and MCAs in this industry at the reporting date (if group financing is carried out, then the number of people in the group must be indicated).

Column 4 "Portfolio size" shows the outstanding balance of financing amounts issued to clients operating in this industry.

Column 5, "Percentage of Total Funding Portfolio", indicates what percentage of the total MCC and MCA funding portfolio is occupied by the industry's funding balance.

Column 6 "Term of financing" indicates the average term of financing in months (calculated as the arithmetic mean of the minimum and maximum terms of financing that were used in the reporting period).

Column 7 "Maximum funding" indicates the actual maximum funding.

Column 8 "Minimum Funding" indicates the actual minimum funding.

Column 9 "Average amount of funding" indicates the average amount of funding, which is calculated as the ratio of the total amount of funding issued in the reporting period to a given industry to the number of clients to whom this funding was issued.

Column 10 "Actual repayment" indicates the amount of actual repayment of financing for the quarter, for the 4th quarter - for the whole year.

Column 11 "Scheduled repayment" indicates the amount of financing to be repaid in the reporting quarter, including the overdue debt of the previous period, payable in the reporting period, in the 4th quarter - for the year as a whole.

Column 12 "Weighted average mark-up/income at the end of the reporting period, in percent" indicates the weighted average rate for the issued financing, broken down by industry.

Column 13 "Yield rate at the end of the reporting period, in %" indicates the weighted average rate of return on the issued financing, broken down by industry.

Column 14 "Number of client complaints" indicates the number of clients who have received complaints about the financing activities of the MCC and the MCA.

All amounts given in this section are indicated in thousands of soms.

(As amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated February 8, 2018 No. 06/2) 

26. Below is the formula for how to calculate the weighted average markup/revenue at the end of the reporting period.

You can bring the margin / income on financing into annual terms using the following formula:

 

 

 

 

where:

I - annual markup / income at the end of the reporting period, in percent,

D - the amount of the mark-up specified in the contract / the amount of income from financing,

PV - the amount of financing specified in the contract,

m - term of financing under the agreement (term of restructuring according to the supplementary agreement).

Weighted average markup/revenue = (X 1 / X * I 1 + X 2 / X * I 2 ) * 100

The amount of each financing operation divided by the total amount of financing provided (the actual amount of financing from the financing portfolio) and multiplied by the annual markup / income (in percentage terms, calculated using the above formula) corresponding to this type of financing.

X is the total amount of funding provided for individual funding,

X 1 , X 2 - the amount of the financing operation at one rate of annual margin / income,

I 1 , I 2 , - annual margin/income for individual financing operations.

(As amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated February 8, 2018 No. 06/2) 

27. (Repealed in accordance with the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated February 8, 2018 No. 06/2) 

28. Repayment ratio = actual repayment / (scheduled repayments + overdue and outstanding debts of previous periods) * 100.

4 §. Subsection D. "Information on the provided financing" 

29. This table contains information on the provided financing for the reporting quarter, in the 4th quarter - for the whole year.

Column 1 "Name of the article" indicates the list of sectors of the economy financed by the MCC and MCA.

Column 2 "Total issued for the reporting period" indicates the sum of columns 3 to 10.

Columns 3, 4, 5, 6, 7, 8, 9, 10 indicate funding by timing.

Column 11 "Weighted average mark-up/income at the end of the reporting period, in percent" indicates the weighted average rate for the issued financing, broken down by industry.

Column 12 "Number" indicates the number of funding contracts.

Column 13 "Yield rate at the end of the reporting period, in %" indicates the weighted average rate of return on the issued financing, broken down by industry.

(As amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated February 8, 2018 No. 06/2) 

5 §. Subsection D. "Information on Problem Clients" 

30. This table includes the ten largest NPLs in descending order. At the same time, assets that meet one of the following conditions are considered "problematic":

1) payment on the asset is overdue for more than 90 days;

2) (repealed in accordance with the Resolution of the Committee of the National Bank of the Kyrgyz Republic dated July 2, 2018 No. 30/5) 

3) the asset has been restructured two or more times;

4) the asset is accounted for off-system accounting.

(As amended by the Resolution of the Committee of the National Bank of the Kyrgyz Republic dated July 2, 2018 No. 30/5) 

31. Column 1 "Name of the organization / full name of the client" indicates the name of the client of the legal entity or the full name, first name, patronymic of the client of the individual.

Column 2 "Organization address/Customer's place of residence" indicates the legal address and the actual location of the client organization or the client's place of residence by registration.

Column 3 "Phone" indicates the telephone number of the client of the legal entity or the home or cell phone of the client of the natural person.

Column 4 "Date of issue" indicates the date of provision of financing under the financing agreement (day, month, year).

Column 5 "Date of repayment" indicates the date of repayment of financing under the financing agreement (day, month, year).

Column 6 "Amount of financing" indicates the amount of financing under the financing agreement.

Columns 7 and 8 "Margin/income at the end of the reporting period, in %" and "Yield ratio at the end of the reporting period, in %" indicate the annual markup/income and the yield ratio in percent under the financing agreement.

Column 9 "Purpose" indicates the target direction of financing (type of activity for which financing is provided) under the financing agreement.

Column 10 "Summary of the client's problem" lists the main causes of funding arrears.

Column 11 "Principal debt" indicates the amount owed on the principal amount of financing.

Columns 12 and 13 "Markup/income" and "Yield ratio" indicate the amount of the outstanding margin/income on financing and the profitability ratio, if it was recalculated at the current reporting date.

Column 14 "Actions of the MCC/MCA to return the debt" indicates the actions of the MCC/MCA to return the client's debt.

(As amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated February 8, 2018 No. 06/2) 

6 §. Subsection E. "Parallel Financing Information" 

32. Column 3 "Amount" indicates the amount of the total debt of clients with parallel financing in other FCOs.

Column 4 "Number of clients" reflects the number of clients with parallel financing in other FCOs.

7 §. Subsection G. "Information on the volume of financing provided by industry and region" 

(The title of the paragraph is as amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated February 8, 2018 No. 06/2) 

33. Information on this subsection is provided by regions and the city of Bishkek in 8 tables:

1) table No. 1 - for Bishkek;

2) table No. 2 - for Chui region;

3) table No. 3 - for Talas region;

4) table No. 4 - for the Issyk-Kul region;

5) table No. 5 - for the Naryn region;

6) table No. 6 - for Osh region;

7) table No. 7 - for Jalal-Abad region;

8) table No. 8 - for Batken region.

34. Column 1 indicates the name of the region for which data are provided.

Column 2 "Name of the article" indicates the list of sectors of the economy financed by the MCC and MCA, broken down by individuals and legal entities.

Column 3 "Funding Portfolio Balance at the Beginning of the Reporting Quarter" indicates the amount of the financing balance at the beginning of the reporting quarter.

Column 4 "Amount of funding provided for the reporting quarter" indicates the amount of funding provided for the reporting quarter.

Column 5 "Amount of funding provided for the reporting quarter" indicates the amount of funding provided for the reporting quarter.

Column 6 "Amount of actual repayment for the reporting quarter" indicates the amount of financing repaid for the reporting quarter.

Column 7 "Funding portfolio balance at the end of the reporting quarter" indicates the amount of the financing balance at the end of the reporting quarter.

Columns 8 and 9 "Weighted average markup/income, at the end of the reporting period, in %" and "Yield rate at the end of the reporting period, in %" indicate the weighted average markup/income and the yield ratio at the end of the reporting period.

All amounts given in this section are indicated in thousands of soms.

(As amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated February 8, 2018 No. 06/2) 

8 §. Subsection H. "Restructured Assets Carrying Credit Risk" 

35. This table includes information on restructured assets that carry credit risk.

36. Column 1 "Name of the organization/full name of the client" indicates the name of the client of the legal entity (the official name of the organization according to the registration documents) or the surname, name, patronymic of the client of the MCC and MCA in full.

Column 2 "Date of issue" indicates the date of provision of financing under the financing agreement (day, month, year).

Column 3 "Repayment date" indicates the date of repayment of financing under the financing agreement (day, month, year).

Column 4 "Amount of financing" indicates the amount of financing under the financing agreement.

Column 5 "Margin/income" indicates the annual margin/income on financing under the financing agreement.

Column 6 "Yield rate, at the end of the reporting period, in %" indicates the rate of return on the issued financing.

Column 7 "Purpose" indicates the purpose of financing (the type of activity for which financing is provided) under the financing agreement.

Column 8 "Reason for restructuring" indicates the main reasons for the restructuring of the asset.

Column 9 "Principal debt" indicates the amount of debt on the principal amount of financing.

Column 10 "Markup/income" indicates the amount of markup/income owed on this asset.

Column 11 "Yield ratio, at the end of the reporting period, in %" indicates the yield ratio, if it was recalculated as of the current reporting date.

Column 12 "Fee" indicates the amount of the penalty on overdue assets.

Column 13 "Date of restructuring" indicates the date of restructuring under an additional agreement (day, month, year).

Column 14 "Date of redemption" indicates the date of redemption of the restructured asset under an additional agreement (day, month, year).

Column 15 "Amount of financing" indicates the amount of the restructured asset under the additional agreement.

Column 16 "Markup / income" indicates the annual markup / income on the restructured asset under an additional agreement.

(As amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated February 8, 2018 No. 06/2) 

9 §. Subsection I. "Analysis of the sensitivity of assets and liabilities to changes in rates of return in the market" 

37. Subsections I. "Assets and Liabilities Sensitivity Analysis to Changes in Market Rates of Return" and K. "Assets/Liability Maturity" shall be completed by MCCs and MCAs only at the request of the National Bank, of which MCCs and MCAs will be notified in writing.

38 This subsection is used to measure rate of return risk by measuring the difference between assets and liabilities that are sensitive to changes in rates of return.

39. Assets and liabilities that are sensitive to changes in rates of return are the monetary value of assets and liabilities that are revalued within a certain period of time due to changes in market rates, or that mature within a certain period of time.

40. The purpose of this report is to establish the gap in different periods of time between assets and liabilities that are sensitive to changes in rates of return. Analysis of this gap is one of the methods for determining the sensitivity of MCCs and MCAs to changes in market rates of return.

41. The current carrying amount of all assets and liabilities that are sensitive to changes in rates of return should be reflected in the appropriate periods based on the earlier of two dates: 1) the number of days before the date when the MCC and MCA must revalue market and/or early agreement) assets/liabilities, or 2) the number of days to maturity.

42. Lines 5 and 9 indicate all other assets and liabilities that are sensitive to changes in rates of return and not included in other items of this subsection.

Lines 10 and 11 are calculated for each time period. Information in foreign currency is given in som equivalent at the policy rate of the National Bank as of the reporting date. All amounts must be shown in thousands of soms.

Line 10 "Gap" indicates the difference between assets and liabilities by maturity.

Line 11 "Cumulative Gap" indicates the amount of gaps by maturity with a cumulative total. For example: the cumulative gap value in the "immediate" column is equal to the gap value in the "immediate" column, and the cumulative gap value in the "1-30 days" column is equal to the sum of the gap values in the "immediate" and "1-30 days" columns, and so on Similarly.

10 §. Subsection K. "Maturity of assets/liabilities" 

43. This subsection records all assets (excluding special LLP) and liabilities based on the number of days remaining until the maturity of the asset or liability, regardless of the original date of issue of the asset or liability.

44. The purpose of this report is to identify the maturity mismatch between assets and liabilities and their impact on the liquidity position of MCCs and MCAs going forward. This subsection is used as one of the tools for determining the liquid position of MCCs and MCAs at the reporting date. This report includes all assets and liabilities. The current carrying amount of all assets and liabilities must be entered in the appropriate boxes based on the number of days to maturity.

45. If payments on provided financing are overdue for a period of 30 to 60 days and / or financing has been restructured twice, it should be classified in the category “from 181 to 365 days”. If disbursements of the provided funding are overdue by more than 60 days and/or restructured more than twice and/or the funding is in a non-accrual status, it should be categorized as "more than 3 years".

(As amended by the Resolution of the Committee of the National Bank of the Kyrgyz Republic dated July 2, 2018 No. 30/5) 

46. Lines 5 and 9 indicate all other assets and liabilities in accordance with the maturity dates that are not included in other items of this subsection.

Line 6 minus the special LLP should be equal to line 14 of subsection A. "Assets" of section 1. "Statement of financial position". Line 9 should be equal to line 10 of subsection B. of section 1. "Report on financial position".

Lines 10 and 11 are calculated for each time period. All amounts must be shown in thousands of soms.

Line 10 "Gap" indicates the difference between assets and liabilities by maturity.

Line 11 "Cumulative Gap" indicates the amount of gaps by maturity with a cumulative total. For example: the cumulative gap value in the "immediate" column is equal to the gap value in the "immediate" column, and the cumulative gap value in the "1-30 days" column is equal to the sum of the gap values in the "immediate" and "1-30 days" columns, and so on Similarly.

4. Section 4. "Self-assessment report" 

47. The self-assessment report is a self-assessment questionnaire for the MCC and the MCA.

48. The self-assessment report is submitted to the National Bank once a year and accompanies the annual PRO MCC and MCA.

One copy of the self-assessment report should be kept by the MCC and the MCA and made available to the review team during inspections or other reviews.

To complete this questionnaire, you must mark one of the proposed three answers: "Yes", "No", "N/A" (not applicable).

If the MCC and MCA answers "N/A" to any part of the questionnaire, then this item is not shown as a deficiency in the section "Summarizing the action plan to address the identified shortcomings in the activities of the MCC and MCA".

In the event that the MCC and MCA answers "no" to any of the questions, a corrective action plan needs to be developed.

The self-assessment report is signed by the head of the supervisory body (Board of Directors) in the absence of such by one of the founders of the company or an authorized person.

5. Section 5. "Report on foreign assets and liabilities" 

49. This section includes statistical information on the assets of MCCs and MCAs abroad and liabilities of MCCs and MCAs to non-residents.

The report on a private debt obligation to foreign investors consists of two forms: Form No. 1-ND and Form No. 2-ND.

1 §. Form No. 1-ND "Data on private debt/accounts payable" 

50. Form No. 1-ND "Data on private debt / accounts payable" is filled out once within 10 working days from the date of signing the agreement, for each financing operation separately.

51. Basic information on MCC and MCA includes the following information:

1) "Name of the client (resident) - OKPO of the originator of the document" - the full official name of the MCC and MCA and the code of the republican codifier of enterprises and organizations of the National Statistical Committee of the Kyrgyz Republic are indicated;

2) "Name of the client (resident) - the compiler of the document" - the full official name of the MCC and MCA is indicated;

3) "Territory (region, district, city, settlement)":

a) "region" - the name of the region where the head office of the MCC and the MCA is located;

b) "district" - the name of the district where the head office of the MCC and MCA is located;

c) "city or locality" - the name of the city or locality where the head office of the MCC / MCA is located;

4) "Address (zip code, street, house number)":

a) "postal code" - the index of the post office;

b) "street, house number" - indicate the name of the street and the number of the building of the head office;

5) "type of economic activity" - the type of economic activity is indicated;

6) "telephone" - the official telephone number of the MCC and MCA is indicated;

7) "fax" - indicates the official fax number of the MCC and MCA;

8) "e-mail" - indicates the official e-mail address of the MCC and MCA.

52. The statement of private debt/accounts payable shall indicate:

1) financing transaction code - assigned by the National Bank;

2) type of client - the type of client is marked in the corresponding line from the listed list;

3) sector of the economy - the sector of the economy to which the reporting MCC and MCA belongs is selected from the list;

4) type of contract - the type of contract is indicated, if the type of contract is not indicated in this paragraph, then describe it in the notes, clause 18.

5) payment of payments is made - it is indicated in what form payments of the principal amount from the above list are made, if this paragraph does not indicate the type of payment of the principal amount, then describe it in the notes, clause 18;

6) repayment of the principal amount - indicates the grace period of the financing transaction in months, the first and last payments of the principal amount provided for by the schedule and the number of payments per year to repay the principal debt on a loan or securities;

7) name of the creditor / holder - the full name of the creditor is indicated, if subparagraph 4 of paragraph 4 was indicated, then this paragraph indicates the name of the account holder;

8) country - the country of the creditor is indicated;

9) type of creditor/holder - indicates the type of creditor or holder of the security, if the funds were raised by selling the security to a non-resident;

10) type of investor - this paragraph indicates whether the creditor is a direct foreign investor or not;

11) date of signing the agreement - the date of signing the financing agreement between the client and the creditor or the contract for the supply of goods and services between the buyer and the supplier in the case of a trade transaction;

12) the amount of financing/raised funds/accounts payable - if the form is filled out for initial financing, then subparagraph 1 indicates only the total amount of financing/raised funds/accounts payable (or the nominal value of the security) provided in accordance with the terms of the financing agreement/ contracts for the supply of goods and services. If the form is being filled out for restructured debt, then subparagraph 1 shall indicate the total amount of financing, in accordance with the Agreement on Restructuring (or Rescheduling) Funding, highlighting the overdue principal and markup/expense that were rescheduled. And in subparagraph 2, the code of the initially provided financing assigned by the National Bank is indicated, the overdue amounts of which are restructured;

13) currency of financing / borrowed funds / accounts payable - the currency in which the obligations of the client / buyer to the creditor / supplier of goods and services (account holder or buyer of the security) are expressed in accordance with the terms of the agreement on financing / agreement on the supply of goods and services ;

14) mark-up/expense - indicates the mark-up/expense paid for the received financing or supply of goods and services;

15) markup/expense repayment date - indicates the dates of the first and last payments to repay the accrued markup/expense, as well as the number of payments for the markup/expense within one year, according to the schedule;

16) rate of commission payments - indicates the rate of commissions paid to the creditor on the amount of financing;

17) service of a debt obligation - actual payments are reflected on account of repayment of the principal amount on a loan/accounts payable and accrued margins/expenses from the beginning of receiving financing until the reporting period.

Note: The reliability and correctness of the specified data is confirmed by the head and chief accountant with the signatures and seals of the MCC and MCA.

2 §. Form No. 2-ND "Data on servicing debt/accounts payable" 

53. This form is completed by the MCC and MCA on a monthly basis and submitted no later than the 20th day of the month following the reporting month.

54. Basic information about the MCC and MCA form No. 2-ND is filled in similarly to the form No. 1-ND "Data on private debt/accounts payable".

55. In the tables, all data are given for each financing operation separately in the currency in which the financing was provided.

56. Unit of measurement: thousands of monetary units (for example: thousand soms, thousand US dollars, thousand rubles).

3 §. Table 1. "Report on servicing a private debt obligation (actual)" 

57. The report provides data on the actual servicing of debt/accounts payable.

In the column "Funding Transaction Code" is assigned by the National Bank.

The "Funding Currency" column indicates the currency in which the funding was received.

The column "At the beginning of the period, total debt" indicates the amount of debt / accumulated accounts payable at the beginning of the reporting month.

In the group of columns "Changes for the period" changes for the reporting month are indicated:

1) in column group "received":

- in the column "goods, equipment" the amount of goods and equipment in monetary terms, provided by a foreign investor;

- the "services" column indicates the amount of services provided by the foreign investor in monetary terms;

- in the column "in cash" shall be indicated the amount provided by the foreign investor in cash;

2) in the "redeemed" column group:

- in the "principal amount" column, the principal amount paid in the reporting month;

- in the column "margin/expense" paid markup/expense in the reporting month;

3) in the "overdue" column group:

- in the "principal amount" column, the outstanding debt of MCCs and MCAs for the principal amount in the reporting month is indicated;

- in the column "margin/expense" the outstanding debt of the MCC and the MCA for the payment of the margin/expense is indicated.

The column "At the end of the period, total debt" indicates the amount of debt / accumulated accounts payable, which is calculated using the following formula:

"At the end of the period, total debt" = "At the beginning of the period, total debt" + "Received (total goods, equipment, services, in cash)" - "Principal repaid" + "Principal overdue".

4 §. Table 2. "Principal payments (forecast)" 

58. This table reflects forecast data on payments on principal/accounts payable according to the repayment schedule for financing/contracts for the supply of goods and services, starting from the month following the reporting month.

5 §. Table 3. "Payments of markups/expenses on attracted financing (forecast)" 

59. The table reflects forecast data on markup/expense/accounts payable according to the schedule of the financing agreement/contract for the supply of goods and services, starting from the quarter following the reporting one.

Note: The reliability and correctness of the specified data is confirmed by the head and chief accountant with the signatures and seals of the MCC and MCA.

6 §. Form "Notification of an account opened with a foreign bank" 

60. This form contains information about an account opened with a foreign bank, indicating the details of this bank and the details of the MCC and MCA, as well as detailed information about the account being opened.

The "full name" field shall indicate the full official name of the bank in which the account is opened, which reflects the placed funds of the MCC and MCA.

In the field "full legal address, including telephone, fax and E-mail" indicate the full legal address of the bank and the official telephone and fax numbers and the official e-mail address of the bank in which the account is opened.

In paragraph 1 "Date of opening an account" indicates the date of opening an account with a bank.

In paragraph 2 "Account type" indicates the type of bank account.

In paragraph 3 "Currency of the account" the currency of the bank account is indicated.

Additional information states the following:

Clause 1 "Full name of the resident (full name of the individual) opening the account" indicates the full official name of the MCC and MCA.

In paragraph 2 "Legal (home) address" the full official address of the MCC and MCA is indicated, indicating the phone number, fax, E-mail.

Paragraph 3 "Form of ownership" indicates the form of ownership of MCC and MCA.

Paragraph 4 "Number of the certificate of state registration" indicates the number of the certificate of state registration of MCC and MCA in the Ministry of Justice of the Kyrgyz Republic.

7 §. Data on the balances of funds on accounts in a foreign bank 

61. The data on the balances of funds on accounts in foreign banks shall indicate the currency of the account, the details of the MCC and MCA and the bank in which the account is opened.

The data are filled in by MCCs and MCAs on a quarterly basis and provided no later than the 20th day of the month following the reporting month.

The line "For the quarter of the year" indicates the quarter for which the report is provided.

The line "Name of the resident" shall indicate the full official name of the MCC and MCA.

The line "Name of the bank" shall indicate the full official name of the foreign bank in which the account is opened.

The line "Country" indicates the country of the foreign bank in which the account is opened.

The line "Account currency" indicates the currency in which the account is opened.

Changes for the reporting period:

1) balance at the beginning of the period - the balance at the beginning is indicated in thousands of units of the account currency and in thousands of US dollars;

2) balance at the end of the period - the balance at the end is indicated in thousands of units of the account currency and in thousands of US dollars.

6. Section 6. "Disclosures" 

1 §. Table A. "Commitments" 

62. This table provides details on the sources of commitments/grants received.

Column 1 indicates the name of the operation under which the funding was received.

Column 2 indicates the amount of funds, commitments/grants received.

Column 3 shows the balance of the transaction at the reporting date.

Columns 4 and 5 indicate the minimum and maximum periods for which funds were received.

Column 6 indicates the name of the creditors (it is necessary to indicate each creditor line by line).

Column 7 indicates the markup/expenditure for the granted commitment.

Column 8 indicates the currency in which the commitments are made.

Column 9 indicates the conditions on which the obligations were received/attracted.

All amounts given in this section are indicated in thousands of soms.

2 §. Subsection B. "Information on the terms of financing" 

63. The following table contains detailed information on the terms of funding.

Column 1 "Product name" indicates the funding methods used by the MCC and MCA:

- group financing without collateral - financing of a group of individuals under subsidiary group liability without collateral;

- group financing secured - financing of a group of individuals subject to the availability of collateral;

- individual financing without collateral - financing of individuals and legal entities without collateral (including guarantees);

- individual financing secured by collateral - financing of individuals and legal entities subject to the availability of collateral;

- others - other methods of financing not provided above.

Column 2 indicates the minimum amount of funding per client.

Column 3 indicates the maximum amount of funding per client.

Column 4 indicates the minimum term in months for which the funds were issued.

Column 5 indicates the maximum period in months for which the funds were issued.

Column 6 indicates the minimum markup/income on financing per month.

Column 7 indicates the maximum margin/income on financing per month.

Columns 8 and 9 "Yield rate, in %" indicate the minimum and maximum rate of return on financing;

Columns 10 and 11, Accrual Method, indicate the amount of funding for which a markup/income is accrued on the outstanding amount of debt and the amount of funding for which a markup/income is accrued on the original amount of debt.

All amounts given in this section are indicated in thousands of soms.

(As amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated February 8, 2018 No. 06/2) 

3 §. Subsection B. "About MCC and MCA Clients" 

64. This table discloses:

In column 1 - the number of clients (women/men/legal entities) for the provided financing for the reporting period.

In column 2 - the number of clients (women/men/legal entities) by the balance of the financing portfolio as of the reporting date.

Note: The total number of clients for the balance of the financing portfolio in this subsection must be equal to the total number of active clients in Subsection B. "Disaggregation by Industry and Region" of Section 3 "Funding Portfolio Information".

4 §. Subsection D. "On the staff of the MCC and the MCA" 

65. This table provides information on the number of employees, salaries of employees and divisions of the MCC and MCA.

Line 1 indicates the number of both those who are employed and those who remain formally attached to work (for example, women on leave to care for a child under 3 years of age). In addition, employees working under a civil law contract are indicated here, if these employees are not on the lists of other enterprises. The payroll number of employees on average per month is calculated by summing the payroll for each calendar day of the reporting month and dividing the amount received by the number of calendar days of the month.

Line 2 indicates the number of employees who were paid wages in the reporting period, both for hours worked and for hours not worked. The number of employees working part-time or involved in certain work is taken into account in proportion to the actual hours worked: the number of man-hours worked in the reporting month is divided first by the established working day, then by the number of working days according to the calendar in the reporting period.

Line 3 indicates the amount of cash payments on wages on an accrual basis from the beginning of the year, including the amount of salaries with additional payments, allowances, bonuses and other payments.

5 §. Table D. "Information on the provision of retail banking services under an agency agreement with banks" 

66. Column 2 "Name of the bank" shall indicate the name of the commercial banks with which retail banking services are provided under an agency agreement.

Column 3 "Type of transactions" indicates the type of transactions, i.e. name of the translation system. For example: "Anelik", "Quick money", etc.

Column 4 "Number of transactions" indicates the number of transactions carried out under the agency agreement for the reporting period.

Column 5 "Volume of transactions, total since the beginning of the year" indicates the total amount of transactions carried out by MCCs and MCAs with an accrual total since the beginning of the year in som equivalent.

Column 6 "Including for the reporting period" indicates the amount of transactions carried out by MCCs and MCAs through the transfer system for the reporting period.

6 §. Table E. Breakdown of Placement Operations and Investments 

67. Column 3 "Name of the organization" indicates the organization in which the investments / investments are made, broken down by the following items:

1) cash on accounts in financial institutions, including banks;

2) investments and financial participation;

3) government securities. Government securities The data is broken down into government treasury bills, government treasury bonds. MCC and MCA have the right to invest money in government securities if they comply with Shariah standards.

Columns 4, 7 indicate the balance of cash on operations at the beginning of the reporting period and at the end of the reporting period, respectively.

Columns 5, 6 indicate the increase and decrease in cash on accounts or investments during the reporting period, respectively.

Column 9 indicates the weighted average markup/revenue, in percent, for cash in accounts and investments in the financial institution.

Column 12 "Weighted average rate of return at the end of the reporting period, in %" indicates the rate of return, in percent, on funds in accounts and investments in a financial institution.

(As amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated February 8, 2018 No. 06/2) 

7 §. Table G. "Derivative financial instruments" 

(No longer valid  

in accordance with the Resolution of the Supervisory Committee of the National Bank of the Kyrgyz Republic dated September 1, 2016 No. 36/1) 

8 §. Table 3. "Funding provided by founders/shareholders/participants" 

69. Column 2 "Founder/shareholder/participant" indicates the founder/shareholder/participant of MCC and MCA in full.

Column 3 "Amount" indicates the amount of financing under the contract.

Column 4 "Date of issue" indicates the date of provision of financing under the agreement (day, month, year).

Column 5 "Date of repayment" indicates the date of repayment of financing under the agreement (day, month, year).

Column 6 "Balance of funds" indicates the amount of the balance of funding provided by the founder/shareholder/member of the MCC and the MCA.

Column 7 "Margin/expense" indicates the margin/expense for financing according to the contract.

Column 8 "Currency" indicates the currency in which the funding was provided.

Column 9 "Other conditions" indicates other additional conditions for this financing.

Section 7 Economic Compliance Information 

70. This section is filled out in accordance with the Rules for Regulating the Activities of Microfinance Organizations Carrying out Operations on Islamic Principles of Banking and Financing, approved by the Resolution of the Board of the National Bank dated May 30, 2014 No. 24/11.

(As amended by the Resolution of the Supervision Committee of the National Bank of the Kyrgyz Republic dated September 1, 2016 No. 36/1)