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ь On July 11, 2011, there was the meeting of Asankojoeva Zina Mukaevna, Chairman of the National Bank of the Kyrgyz Republic, with Alexandr Kremer, Head of the World Bank Office in Kyrgyzstan. Mr. Kremer wished success to the Chairman of the National Bank of the Kyrgyz Republic with regard to her appointment and expressed readiness for further cooperation. In the course of the meeting, Mr. Kremer informed that the World Bank intends to provide financial assistance for support of the state budget under condition of performance of measures by the Kyrgyz Republic, aimed at counterstand against corruption; also the issues, related to current state and perspectives of cooperation with the World Bank, were discussed.  

 

 

ь On July 11, 2011, there was the meeting of Asankojoeva Zina Mukaevna, Chairman of the National Bank of the Kyrgyz Republic, with the delegation of the International Financial Corporation. In the course of the meeting, the issues, related to further cooperation of the International Financial Corporation with the National Bank of the Kyrgyz Republic, were discussed, including restoration of joint work of the National Bank of the Kyrgyz Republic, International Financial Corporation and State Service of regulation and Supervision of the financial market with regard to development of the draft Code for Corporate Management of the Kyrgyz Republic. The role of the International Financial Corporation was emphasized with regard to improvement of the level of corporate management and performance of evaluation of corporate management. Moreover, the issues, related to participation of the International Financial Corporation in development of the Banking Code, were discussed.  

 

 

ь On July 15, 2011, there was the meeting of management of the National Bank of the Kyrgyz Republic with the delegation of the Russian Federation in the Kyrgyz Republic, headed by Vlasov V.S., Ambassador Extraordinary and Plenipotentiary of the Russian Federation in the Kyrgyz Republic. In the course of the meeting, the issues, related to further cooperation within the framework of Agreements of central (national) banks of the participant states of the EurAsEC; interest was expressed in establishment of subsidiary banks of the Russian Federation on the territory of the Kyrgyz Republic. 

 

 

ь National Bank of the Kyrgyz Republic informs commercial banks that the draft changes and amendments to the Resolution of the Board of the National Bank of the Kyrgyz Republic No.5/5 “On approval of the Provision on pre-trial regulation of disputes between the National Bank of the Kyrgyz Republic and commercial banks, organizations, performing individual types of banking operations, and their founders (participants), legal and physical entities”, dated March 18, 2005, are provided on the official web-site of the National Bank of the Kyrgyz Republic in the section “Normative acts/Projects for discussion”. The Department of Supervision and Licensing Methodology asks to provide comments and proposals on this draft to the following email-address kdjakypova@nbkr.kg

 

 

News of non-banking financial institutions  

 

The National Bank of the Kyrgyz Republic issued licenses/certificates to the following non-banking financial institutions and exchange offices: 

1. PE Asanova Gulnara Orozbaevna (License No. 4725, dated July 12, 2011 for conducting cash foreign exchange transactions). Registration number of the exchange office: 2797. Legal address: 27/1, Gorkogo Street, Bishkek (Trade Center “Vefa”); 

2. PE Putilina Olga Ivanovna (License No. 4726, dated July 12, 2011 for conducting cash foreign exchange transactions). Registration number of the exchange office: 2798. Legal address: 93, Kievskaya Street, Bishkek (Trade Center “Vefa”); 

3. LLC “Alim Plus” (License No. 4727, dated July 13, 2011 for conducting cash foreign exchange transactions). Legal address: Karla Marksa Street, Talas city, Talas oblast (orienting point: cafй “Aalam”); 

4. PE Sultanov Sherzod Abdullajanovich (License No. 4728, dated July 15, 2011 for conducting cash foreign exchange transactions). Legal address: central market, Nookat city, Osh oblast (kiosk #8); 

5. PE Bektemirova Nuriya Abdullaevna (License No. 4729, dated July 15, 2011 for conducting cash foreign exchange transactions). Legal address: Navoi Street, Osh city, Osh oblast (orienting point: Kelejek market); 

6. LLC MCC “Sanira Biga” (Certificate No. 383, dated July 12, 2011, for micro-crediting of physical and legal entities). Legal address: 44, Chanacheva Street, Naryn city, Naryn oblast; 

7. LLC MCC “Araket credit” (Certificate No. 384, dated July 12, 2011, for micro-crediting of physical and legal entities). Legal address: 3, Vostochnaya Street, Sovetskoe village, Chui rayon, Chui oblast; 

8. LLC MCC “Mikrozaim” (Certificate No. 385, dated July 13, 2011, for micro-crediting of physical and legal entities). Legal address: 153, Yunusalieva Street, Bishkek; 

9. Financial cooperative “Credit Union SBK Credit” (License No.552, dated July 14, 2011 for performance of operations on attraction of monetary funds from its participants by means of acquisition of saving share; provision of credits to participants of the credit union on the conditions of maturity, recoverability and serviceability). Legal address: 27-8, Erkindik Street, Bishkek; 

10. Financial cooperative “Credit Union Mig-Nur” (deposit license No. 182-001, dated July 11, 2011, for attraction of deposits from participants of the credit union; performance of leasing operations with participants of the credit union; performance of settlements by instructions of participants of the credit union of the basis of contract with a bank or other authorized financial-credit institution without opening of account in the credit union). Legal addressL 32/10, Manas Street, Uzgen city, Osh oblast; 

11. CJSC MFC “Bai-Tushum and partners” (deposit license (list of limitations No.2, dated July 14, 2011) for acceptance of fixed deposits from physical and legal entities on the conditions of recoverability for the purpose of accumulation of clients savings). Legal address: 216, Toktogula Street, Bishkek.  

 

License of the Credit Union “Namaz Ata” was cancelled from July 11, 2011 on the basis of the application of self-liquidation, dated July 11, 2011, and minutes of the general meeting of the credit union participants, dated May 2, 2011. Legal address: Kara-Bulak village, Toguz Bulak aiyl okmotu, Lyaylyak rayon, Batken oblast; 

License of the LLC MCC “Creditor” was cancelled from July 15, 2011 on the basis of the application of self-liquidation, dated July 11, 2011, and decision of the participant, dated May 27, 2011. Legal address: 362, Jibek Jolu Street, Bishkek; 

 

 

Inter-bank payments 

 

Indices of Interbank payment systems (IPS) 

 

Total IPS 

в том числе 

Clearing system 

Gross system 

Volume, KGS 

Items 

Volume, KGS 

items 

Volume, KGS 

items 

Indices from the period of July 11 July 15, 2011 (reporting period)  

Absolute value for a week  

9 609 361 996,24 

30 553 

1 275 908 479,30 

27 698 

8 333 453 516,94 

2 855 

Share of IPS payments (%) 

100,0 

100,0 

13,3 

90,7 

86,7 

9,3 

including (%): 

 

 

 

 

 

 

Net positions of Common Interbank Processing Center 

0,2 

1,3 

1,4 

1,4 

0,0 

0,0 

Outgoing to the Central Treasurer's Office 

13,6 

9,1 

14,6 

9,9 

13,4 

1,3 

Incoming from the Central Treasurer's Office 

17,4 

31,4 

16,7 

34,5 

17,5 

1,6 

Outgoing to the Social Fund 

0,02 

0,4 

0,1 

0,4 

0,0 

0,0 

Incoming from the Social Fund 

1,3 

10,9 

9,7 

12,1 

0,0 

0,0 

Average weekly indices for the previous month 

Absolute Value 

10 835 358 831,80 

27 226 

1 282 952 047,35 

24 727 

9 552 406 784,45 

2 499 

Indexes deviations of the reporting period from the weekly average indexes of the previous month  

Absolute Value 

-1 225 996 835,56 

3 327 

-7 043 568,05 

2 971 

-1 218 953 267,51 

356 

-11,3 

12,2 

-0,5 

12,0 

-12,8 

14,2 

 

 

Indices of the national payment system “Elcart” 

 

As of 

08.07.2011 

15.07.2011 

Number of cards in circulation (exclusively of re-issued cards) 

112 689 

113 157 

Number of pos-terminals total,  

including: 

- in banks  

- in trade centers 

568 

 

427 

141 

561 

 

420 

141 

Number of automated teller machines 

145 

147