ь On December 23, 2009, within the framework of the NBKR Board meeting, the following issues were considered and corresponding resolutions were accepted: 

On structure of annual report of the National Bank of the Kyrgyz Republic for the year of 2009 and Working Program for this report preparation (No.50/1); 

On regulations for auctions at inter-bank currency market through trade-information system of the National Bank of the Kyrgyz Republic (No.50/2); 

On introduction of changes and amendments to the NBKR Board resolution No.25/3, dated May 27, 2009 “On approval of the Provision on periodic regulative report of micro-credit companies, micro-credit agencies and pawn shops and the Provision on periodic regulative report of micro-financing companies” (No.50/6); 

On Draft Provision on minimum requirements for the credit risk management and credit unions (No.50/7). 

 

ь On December 28, 2009, within the framework of the NBKR Board meeting, the following issues were considered and corresponding resolutions were accepted: 

On new edition of the Provision “On analytic balance sheet of the National Bank of the Kyrgyz Republic” (No. 51/1); 

On Draft Law of the Kyrgyz Republic “On encashment” (No.51/3); 

On Instruction for determination of the capital adequacy standards of the commercial banks, performing transactions in accordance with the Islamic principles of banking industry (No. 51/4); 

On some normative and legal acts of the National Bank of the Kyrgyz Republic, with regard to classification of assets during performance of transactions in accordance with the Islamic principles of banking industry (No. 51/5); 

On Draft Provision “On minimum requirements for risks management in Islamic banks” (No. 51/6) 

 

News of non-banking financial and credit institutions 

 

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

1. MCA “AdiKench” (certificate on accounting registration No.185 dated December 21, 2009 for micro-crediting of legal entities and individuals). Legal address: 152, Lenina Str., Karakol, Issyk-Kul oblast;  

2. Financial Cooperative “Credit Union Nur Tushum” (license No. 548 dated December 21, 2009 for performance of transactions of attraction of monetary funds from its participants by means of acquisition by them of saving share; provision for Credit Union participants the credits on terms of maturity, recovery and serviceability). Legal address: 18, Zelenaya Str., Chui village, Chui rayon, Chui oblast; 

3. Financial Cooperative “Credit Union Aska Too” (license No. 549 dated December 25, 2009 for performance of transactions of attraction of monetary funds from its participants by means of acquisition by them of saving share; provision for Credit Union participants the credits on terms of maturity, recovery and serviceability). Legal address: 231, Sheralieva Str., Naryn, Naryn oblast; 

4. Additional responsibility society pawn office «Inter-Credit» (License No. 4224 dated December 25, 2009 for conducting cash foreign exchange transactions). Registration number of the exchange office: 2396. Legal address: 1/4, Baitik Baatyra Str., Bishkek; 

5. PE Jutanov Zalkarbek Mametnazarovich (License No. 4223 dated December 24, 2009 for conducting cash foreign exchange transactions). Legal address: universal shop “Mir”, Bazarnaya Str., Osh, Osh oblast;  

6. PE Bekmanbetov Sovetbek Sharshenovich (License No. 4222 dated December 24, 2009 for conducting cash foreign exchange transactions). Registration number of the exchange office: 2394. Legal address: 144, Abdrahmanova Str., Bishkek; 

7. PE Mamatkorimov Bahtier Shuhratovich (License No. 4221 dated December 21, 2009 for conducting cash foreign exchange transactions). Legal address: 9/12, Karasuiskaya Str., Osh, Osh oblast;  

8. PE Sherbaev Umutjan Husenbaevice (License No. 4220 dated December 21, 2009 for conducting cash foreign exchange transactions). Legal address: container 6, 0 line, Turatali market, Kara Suu village, Osh oblast. 

 

The National Bank of the Kyrgyz Republic revoked certificates/licenses from the following non-financing credit institutions: 

 

1. License No. 441, dated December 10, 2003 has been revoked from the Credit Union “Ishenim Plus” from December 22, 2009 on the basis of the minutes of the general meeting of participants on self-liquidating of the credit union, dated October 1, 2009. Legal address: 41, Kaiyndy Bulak Str., Kaiyndy Bulak village, Aktalinskii rayon, Naryn oblast; 

2. License No. 303, dated September 19, 2001 has been revoked from the Credit Union “Batman Kol” from December 23, 2009 on the basis of the minutes of the general meeting of participants on self-liquidating of the credit union, dated December 15, 2009. Legal address: Kara Myk village, Chon Alay rayon, Osh oblast; 

3. License No. 185, dated June 1, 2000, has been revoked from the Credit Union ”Kazyna” from December 22, 2009 on the basis of the NBKR Supervision Department Resolution No.16/7, dated December 22, 2009, for breach of the Kyrgyz Republic legislation and the NBKR normative-and-legal acts requirements. Legal address: 24, Almaz Str., Kyzyl Octyabr village, Bakai-Ata rayon, Talas oblast; 

4. License No. 225, dated January 26, 2001, has been revoked from the Credit Union ”Sulaiman-Pirim-15” from December 22, 2009 on the basis of the NBKR Supervision Department Resolution No.16/6, dated December 22, 2009, for breach of the Kyrgyz Republic legislation and the NBKR normative-and-legal acts requirements. Legal address: Kerme Too village, Japalak aiyl okmotu, Osh, Osh oblast; 

5. License No. 353, dated March 19, 2002, has been revoked from the Credit Union ”Chek-Bek” from December 22, 2009 on the basis of the NBKR Supervision Department Resolution No.16/5, dated December 22, 2009, for breach of the Kyrgyz Republic legislation and the NBKR normative-and-legal acts requirements. Legal address: Chek village, Dara aiyl okmotu, Batket rayon, Batket oblast. 

 

 

Inter-bank payments 

 

Indices of Interbank payment systems (IPS) 

  

Total IPS 

including 

Clearing system 

Gross system 

KGS mln 

items 

KGS mln 

items 

KGS mln 

items 

Indices from the period of December 21 December 26, 2009 (reporting period) 

Absolute value for a week  

17 588,9 

91 453 

1 885,6 

87 156 

15 703,3 

4 297 

Share of IPS payments (%) 

100,0 

100,0 

10,7 

95,3 

89,3 

4,7 

including (%): 

 

 

 

 

 

 

Net positions of Common Interbank Processing Center 

0,2 

0,4 

1,6 

0,4 

0,0 

0,0 

Outgoing to the Central Treasurer's Office 

28,7 

14,8 

30,5 

15,4 

28,5 

2,3 

Incoming from the Central Treasurer's Office 

26,8 

36,5 

16,9 

38,2 

28,0 

2,6 

Outgoing to the Social Fund 

0,01 

0,1 

0,1 

0,1 

0,0 

0,0 

Incoming from the Social Fund 

0,3 

3,4 

2,4 

3,5 

0,0 

0,0 

Average weekly indices for the previous month 

Absolute Value 

8 741,4 

56 179 

1 110,2 

54 071 

7 631,3 

2 109 

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

 

8 847,5 

35 274 

775,4 

33 085 

8 072,0 

2 188 

101,2 

62,8 

69,8 

61,2 

105,8 

103,8 

 

 

Indices of “Elcart” system* 

 

As of 

December 18, 2009  

December 26, 2009  

Number of cards in circulation (exclusive of the re-issued cards)) 

78 962 

80 328 

Number of pos-terminals: 

 

- in banks  

- in trade centers 

513 

 

 

424 

89 

497 

 

 

408 

89 

Number of automated teller machines 

153 

152 

 

* According to CJSC “Interbank processing center”, 16 commercial banks out to 22 are connected to it.