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ь The following issues were discussed at the meeting of the Board of the National Bank of the Kyrgyz Republic on October 23, 2013 and relative resolutions were adopted 

 

· “On introducing amendments and additions to some normative legal acts” (№39/4); 

· “On introducing amendments and additions to the resolution of the Board of the National Bank of the Kyrgyz Republic” № 52/4 as of June 30, 2010 to the resolution of the Board of the NBKR “On some normative legal acts of the National Bank of the Kyrgyz Republic” (№ 39/5); 

· “On introducing amendments and additions to the resolution of the Board of the National Bank of the Kyrgyz Republic” № 37/2 as of September 12, 2012 “On approving of Instruction on providing by the commercial banks of the Kyrgyz Republic personal bank vaults to the clients for saving values” (№ 39/6); 

· “On introducing amendments and additions to the resolution of the Board of the National Bank of the Kyrgyz Republic” № 36/2 as of August 29, 2012 “On the Regulations approval “On commercial banks and microfinance companies of the Kyrgyz Republic certain deals/operations with estate” (№ 39/7); 

· “On introducing amendments and additions to the resolution of the Board of the National Bank of the Kyrgyz Republic” № 51/6 as of December 28, 2009 “On some normative legal acts of the National Bank of the Kyrgyz Republic” (№ 39/8); 

· On the approval of the Regulations “On minimum requirements to the model agreements of the microfinance organizations and credit unions, concluded according to the Islamic principles of finance” (№ 39/9); 

· “On introducing amendments and additions to the resolution of the Board of the National Bank of the Kyrgyz Republic № 5/7 as of March 02, 2006 “Approval of the Regulation “Licensing of banks”, registration number 34-06 as of April 07, 2006 of the Ministry of Justice of the Kyrgyz Republic” (№ 39/10);  

 

ь On the status of the cash-monetary circulation in the Kyrgyz Republic for 

III quarter 2013  

Total amount of money in circulation as of October 1, 2013 constituted KGS 62 898.6 mln, of which KGS 4 140.7  mln is in commercial banks and the rest is in non-bank system (as compared to the corresponding period of the last year has increased by KGS 9 336.1 mln. or by 17.4 percent).  

In the 3rd quarter 2013, the cash departments in commercial banks in the whole country received KGS 221 477.5 mln, which is higher by KGS 49 375.6 mln, or by 28.7 percent, as compared with the III quarter 2012.  

KGS 225 058.6 mln has been disbursed from the cash departments of commercial banks in the III quarter 2013,which is higher by KGS 45 740.4 mln, or 25,5 percent, as compared with the III quarter 2012.  

Repayment of cash in the cash departments of commercial banks for the III quarter of 2013 was 98.4 percent (compared with the index of the III quarter of 2012, an increase constituted 2.4 percentage points). 

Change in the repayment of cash in cash departments of commercial banks for the III quarter of 2013 by regions is shown in Table 1. 

 

Percent  

 

 

2012  

2013  

Deviation  

 

Overall in the republic  

 

96.0 

 

98.4 

 

2.4 

Bishkek city  

99.9 

102.3 

2.4 

Batken oblast 

94.2 

97.1 

2.9 

Jalalabad oblast 

86.1 

87.0 

0.9 

Issyk-Kul oblast 

89.1 

92.3 

3.2 

Naryn oblast 

71.3 

78.9 

7.6 

Osh oblast  

95.2 

98.6 

3.4 

Osh city  

96.9 

99.3 

2.4 

Talas oblast  

67.0 

75.0 

8.0 

Chui oblast  

100.5 

100.3 

-0.2 

 

Licenses/certificates of the following non-financial credit institutions were cancelled/revoked: 

 

Certificate on accounting registration of the LLC MCC “Akelbol” under No. 422 as of January 9, 2012 for micro-crediting of physical and legal entities was withdrawn from October 21, 2013 due to systemic violations of normative acts and non-compliance with the NBKR requirements. Legal address: Ibraimova St., 21, Chui village, Chui district, Chui oblast. 

License of Individual Entrepreneur Eshimbek uulu B. No 5075 as of February 4, 2013 for the right to carry out exchange operations with foreign currency in cash has been cancelled since October 21, 2013. Self-liquidation. Legal address: Den Xiaoping St., 2, apt. 33, Bishkek.  

License of Individual Entrepreneur Abakirov S. No 5084 as of February 4, 2013 for the right to carry out exchange operations with foreign currency in cash was withdrawn from October 17, 2013 due to systemic violations of normative acts and non-compliance with the NBKR requirements. Legal address: Kievskaya St., 148 (TEC "Bishkek Park", В16), Bishkek. 

 

Interbank payments 

Interbank Payment Systems (IPS) indicators 

 

Total IPS 

including 

Clearing system 

Gross system 

Volume, 

KGS 

Q-ty,  

pcs  

Volume, 

KGS 

Q-ty,  

pcs  

Volume, 

KGS 

Q-ty,  

pcs  

Indicators for the period from October 21 to October 25, 2013 (Reporting period)  

Absolute Value 

16 067 706 238.96 

55 753 

1 589 627 414.14 

52 492 

14 478 078 824.82 

3 261 

Share in IPS payments (%)   

100.0 

100.0 

9.9 

94.2 

90.1 

5.8 

including 

(%)  

  

  

  

  

  

  

Net positions of the Common Interbank Processing Center 

0.1 

1.4 

0.6 

1.4 

0.0 

0.0 

Outgoing to the Central Treasury    

8.5 

9.2 

17.7 

9.7 

7.5 

1.1 

Incoming to the Central Treasury  

16.0 

38.2 

21.5 

40.1 

15.4 

7.1 

Outgoing to the Social Fund  

0.1 

1.1 

0.6 

1.1 

0.0 

0.0 

Incoming to the Social Fund  

0.5 

8.0 

4.8 

8.5 

0.0 

0.0 

Average weekly indicators for the last month 

Absolute Value 

17 268 915 124.09 

54 360 

1 737 135 715.73 

50 776 

15 531 779 408.36 

3 584 

Deviation of indicators for the reporting period from average weekly indicators for the last month 

Absolute Value 

-1 201 208 885.13 

1 393 

-147 508 301.59 

1 716 

-1 053 700 583.54 

-323 

-7.0 

2.6 

-8.5 

3.4 

-6.8 

-9.0 

 

Elcart System indicators 

As of   

18.09.2013 

25.10.2013 

The total number of issued cards 

(excluding reissued)  

 255 363 

227 310 

Number of POS-terminals:   

- in banks   

- in sale outlets   

1 170 

653 

517 

1 170 

653 

517 

Number of ATMs  

305 

308