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ь On November 28, 2011 at the Board meeting of the NBKR the following issues have been considered and resolutions have been adopted: 

· ”Monetary Policy Report for January to September 2011 and Monetary Program for the upcoming period” (№ 66\1); 

· “Development Trends of the System of Commercial Banks of the Kyrgyz Republic” (№ 66\2); 

· ”Report on Current Status of the Payment System for third quarter of 2011” (№ 66\3). 

 

ь On November 30, 2011 at the Board meeting of the NBKR the following issues have been considered and resolutions have been adopted: 

· “On introducing amendments and addenda to some legal acts of the NBKR (Regulation “On the periodic regulatory bank statement” with regard to Islamic financial principles, Regulation “On the definition of capital adequacy standards for banks operating in accordance with Islamic banking principles and finance”); 

· ”On Regulation “On corporate governance in Kyrgyz banks engaged in operations in accordance with the principles of Islamic banking and finance”; 

· ”On Amendments and Additions to the Provision “On banking payment cards in the Kyrgyz Republic”; 

 

 

The National Bank of the Kyrgyz Republic plans to make changes and additions to the List of Basic Documents Generated by the Activities of Commercial Banks and Financial Institutions Licensed by National Bank of the Kyrgyz Republic, with indication of storage timing (approved by the Kyrgyz Republic National Bank Board Resolution № 22/9 dated August 27, 2004). 

The National Bank requests you to send your comments and suggestions on this document to the General Services Division of the National Bank until January 10, 2012. The List of Documents was published in the edition of the National Bank of the KR “Normative Acts” № 10 in 2004. Electronic version of the List of Documents posted on the official website of NBKR, in section “Normative Acts” of NBKR // Banking Regulation // List of Normative Legal Acts of NBKR for Banking Regulation // Item XIV. 

 

 

ь The National Bank of the Kyrgyz Republic informs commercial banks that Regulation “On the work of banks and mortgage property” for public comment is posted on the official website of NBKR, Supervision Methodology and Licensing Department welcomes comments and suggestions on the draft by e-mai: aosmonalieva@nbkr.kg”.  

 

 

News of Non-Bank Financial Institutions 

The National Bank of the Kyrgyz Republic issued licenses/certificates to the following NFC 

and exchange offices

 

1. PE Satybaldiev Yuldash Maimetovich (License No 4798 dated 28.11.2011 for conducting cash foreign exchange transactions), Registration number of exchange office: No 2861. Legal address: 528, Lenin street, Exchange office “Bahadyr”, Chaldovar village, Chui oblast; 

2. PE Shomshidinov Bahodirzhon Sulaimanovich (License No 4799 dated 30.11.2011 for conducting cash foreign exchange transactions). Legal address: n/a, Asanaliev street, LLC “Aibek-Bazary”, reference point - Central gate, Kyzyl-Kiya, Batken oblast; 

3. PE Turusbekova Gulmira Sultanbekovna (License No 4800 dated 01.12.2011 for conducting cash foreign exchange transactions), Registration number of exchange office: No 2862. Legal address: 5, Centralnaya street, near market “Jayil”, Kara-Balta, Chui oblast; 

4. PE LLC “MB and COMPANY” (License No 4801 dated 01.12.2011 for conducting cash foreign exchange transactions), Registration number of exchange office: No 2863. Legal address: 351, Pobeda avenue, casino “Altyn Kazyna”, Lebedinovka village, Chui oblast; 

5. LLC MCC “MigKredit” (Account Registration Certificate No.415 dated 28.11.2011or micro crediting individuals and legal entities). Legal address: 206, M. Gorky street, Tokmok, Chui oblast; 

6. LLC MCC ”KEN-TUSH-KREDIT” (Account Registration Certificate No.416 dated 30.11.2011 for micro crediting individuals and legal entities). Legal address: 20-34, 6 microdistrict, Bishkek; 

7. LLC MCC ”MicroFinance” (Account Registration Certificate No.417 dated 30.11.2011 for micro crediting individuals and legal entities). Legal address: office 8, Orto-Sai Trade House, Orto-Sai market, Bishkek. 

 

 

Interbank payments 

 

Indexes of the Interbank Payment Systems (IPS) 

 

 

 

Total IPS 

including 

Total IPS 

Gross system 

Volume, 

KGS 

Quantity, 

items 

Volume, 

KGS 

Quantity, 

items 

Volume, 

KGS 

Quantity, 

items 

Indexes for the period from November 28 to December 2, 2011 (reporting period) 

Absolute Value 

13 801 505 328,89 

52 738 

1 551 504 056,20 

49 396 

12 250 001 272,69 

3 342 

Share in IPS payments (%) 

100,0 

100,0 

11,2 

93,7 

88,8 

6,3 

including (%)

  

  

  

  

  

  

Net positions of Common Interbank Processing Center 

0,03 

0,6 

0,3 

0,6 

0,0 

0,0 

Outgoing to the Central Treasurer's Office 

19,4 

10,9 

21,4 

11,5 

19,1 

3,1 

Incoming from the Central Treasurer's Office 

14,4 

24,9 

14,1 

26,5 

14,4 

1,2 

Outgoing to the Social Fund 

0,4 

1,2 

3,4 

1,3 

0,0 

0,0 

Incoming from the Social Fund 

0,4 

3,3 

3,4 

3,6 

0,0 

0,0 

Average weekly indices for the previous month 

Absolute Value 

12 258 856 510,59 

38 562 

1 295 619 769,28 

35 538 

10 963 236 741,31 

3 024 

 

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

Absolute Value 

1 542 648 818,30 

14 176 

255 884 286,93 

13 858 

1 286 764 531,38 

318 

12,6 

36,8 

19,7 

39,0 

11,7 

10,5 

 

 

Indices of the national payment system Elcart 

 

As of 

25.11.2011 

02.12.2011 

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

119 301 

119 630 

Number of pos-terminals,

- in banks 

- in trade centers 

649 

445 

204 

654 

445 

209 

Number of automated teller machines 

161 

161