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Memorandum of Cooperation was signed in Frankfurt between the National Bank of the Kyrgyz Republic and the Technical Center for Cooperation with central banks of the Federal Bank of Germany (Deutsche Bundesbank). 

 

At the ceremony of signing the Memorandum, the NBKRs Deputy Chairman Zair Chokoev noted that over the past twenty years the cooperation between Germany and the Kyrgyz Republic in the field of banking and finance has become an effective one, and today the strong links established between the central banks of the two countries contribute to the development of the financial system of Kyrgyzstan in accordance with international standards. 

  

Jurgen Shterlepper, the Director of the Bundesbank Technical Center, stated that bilateral cooperation would henceforth allow the NBKRs employees obtain the latest knowledge in banking supervision, namely Basel II standard - the new concept of economic capital, which deals with adequacy of risk-based supervision and stabilization of the banking system. In addition to issues related to banking supervision, the Bundesbank intends to assist in advising on other banking areas. 

  

The cooperation between the National Bank and the Technical Centre for Cooperation with central banks of the Bundesbank has been developing with the active support of the German Society for International Cooperation (GIZ) project "Promotion of sustainable economic development in the Kyrgyz Republic", which has been assisting the National Bank in promoting effective banking supervision for the past several years. 

 

Issued a license to conduct exchange operations with foreign currency in cash to a private entrepreneur Sultanbaev Urmatbek Askarbaevich (No. 5066 dd. 21.11.2012). Legal address: Osh, Navoyi Street w/o # (Kelechek market). 

 

Annulled certificates of the following Non-bank Financial Institutions:  

 

- Starting from 22.11.2012 annulled accounting registration certificate of Eletke Salym Microcredit Company based on the decision No.252 dd. 19.11.2012 on liquidation of the company due to the absence of finance. Legal address: Osh region, Alay district, Uch-Dobo rural area, Kichi-Karakol village. 

- Starting from 19.11.2012 annulled accounting registration certificate of KESHMEN Microcredit Agency (certificate No. 14 dd. 26.02.2003) based on the resolution of the NBKRs Talas Regional Department. A reason for revoking is consistent failure to submit periodic reporting. Legal address: Talas region, Manas district, Aral village, 4 Madaniyat Street. 

- Starting from 23.11.2012 annulled accounting registration certificate of Kydyr Alik Microcredit Agency (certificate No. 80 dd. 02.03.2005) based on the resolution of the NBKRs Issyk-Kul Regional Department for consistent failure to submit information. Legal address: Issyk-Kul region, Zheti-Oguz district, Barskoon village, 131 Lenin Street. 

- Starting from 22.11.2012 annulled accounting registration certificate of Sarai Credit Microcredit Agency (certificate No. 192 dd. 27.05.2010) based on the founders resolution dd. 15.11.2012 due to the lack of finance. Legal address: Osh region, Karasuu district, Sarai rural area, Kirov village, 2 A. Abdullaev Street. 

 

 

 

 

Inter-bank payments 

 

Inter-bank payment system indicators (IPS) 

 

 

Total IPS 

including 

Clearing system 

Gross system 

amount, KGS 

quantity, units 

amount, KGS 

quantity, units 

amount, KGS 

quantity, units 

Indicators for the period of November 19-23, 2012 (accounting period) 

Absolute value 

14 068 956 031,66 

42 406 

1 503 933 585,80 

39 261 

12 565 022 445,86 

3 145 

Share in IPS (%) 

100,0 

100,0 

10,7 

92,6 

89,3 

7,4 

including 

(%) : 

  

  

  

  

  

  

Net position of Integrated Inter-bank Processing Center 

0,1 

2,4 

0,9 

2,6 

0,0 

0,0 

Outgoing Central Treasury 

11,0 

9,3 

22,8 

10,0 

9,6 

1,0 

Incoming Central Treasury 

18,8 

37,8 

21,3 

40,6 

18,5 

3,0 

Outgoing Social Fund 

0,01 

0,3 

0,1 

0,3 

0,0 

0,0 

Incoming Social Fund 

0,1 

1,6 

0,9 

1,8 

0,0 

0,0 

Average-weekly indicators for the previous month 

Absolute value 

14 065 560 973,28 

47 858 

1 518 841 331,70 

44 676 

12 546 719 641,59 

3 181 

Deviation of accounting period indicators from average-weekly indicators for the previous month 

Absolute value 

3 395 058,38 

-5 452 

-14 907 745,90 

-5 415 

18 302 804,27 

-36 

0,02 

-11,4 

-1,0 

-12,1 

0,1 

-1,1 

 

 

 

Elcard system indicators 

 

As of  

16.11.2012 

23.11.2012 

Total number of issued cards  

(excluding reissued cards) 

154 899 

156 590 

Number pos-terminals: 

- in banks  

- in sale outlets  

811 

550 

261 

811 

550 

261 

Number of ATMs 

247 

247