ь National Bank of the Kyrgyz Republic informs commercial banks that the project of changes and amendments, introduced into the NBKR Board Resolution No.16/2, dated May 19, 2005, “On approval of the Provision on Influential Measures, applied to banks and other financing-credit institutions, licensed by the National Bank of the Kyrgyz Republic” is provided on the official site of the National Bank of the Kyrgyz Republic in the section “Normative acts/Projects for discussion” for public discussion.
Department of Supervision and Licensing Methodology asks to provide comments and proposals on this project to the following email address until March 19, 2010: smaitashova@nbkr.kg
ь In pursuance of decision on the issue, related to expansion of the payments volumes in the form of cashless settlements, accepted in the course of the session of the Development Council of the Kyrgyz Republic, the National Bank of the Kyrgyz Republic in cooperation with the concerned ministries and governmental services performs measures on implementation of the Concept for expansion of the payments volumes in the form of cashless settlements, developed to provide transparency of monetary circulation in the Kyrgyz Republic and to decrease level of shady economy.
Implementation of this Concept includes adoption of draft laws “On payment system of the Kyrgyz Republic” and “On introduction of changes and amendments into the Civil Code of the Kyrgyz Republic” (Article No.38 “Settlements”). Changes and amendments provide establishment of the obligatory requirement for performance of settlements only in cashless form between legal entities, as well as with participation of individual businessmen when performing entrepreneurial activity by them.
ь Session of the Board of the National Bank of the Kyrgyz Republic was arranged on March 12, 2010. In the course of the session the following issues were considered and corresponding resolutions were accepted:
On introduction of changes and amendments to the Policy of Banks Refinancing of the LLC “Specialized Fund of Banks Refinancing” (Spetsializirovannyi Fond Refinansirovaniya Bankov) (No.6/1);
On approval of the Provision “On requirements for formation of financial reporting by commercial banks of the Kyrgyz Republic” (No.6/3);
On introduction of changes and amendments to some legal acts of the Kyrgyz Republic, related to simplification of the procedure for transfer of pledge property (No.6/7);
On prolongation of the regime of temporary closing with regard to the OJSC “Ak Bank” (No.6/10).
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. Limited Liability Company MCC "Bereket-Credit" (Account Registration Certificate No. 277 dated March 9, 2010, for micro crediting individuals and legal entities). Legal address: 2, Lenin Str., Uzgen city, Osh oblast;
2. Limited Liability Company MCC "Baihan Kapital" (Account Registration Certificate No. 276 dated March 9, 2010, for micro crediting individuals and legal entities). Legal address: B-17, L.Tolstogo Str., Bishkek;
3. Public Association MCC "Rysbek Ata Aikol" (Account Registration Certificate No. 188 dated March 12, 2010, for micro crediting individuals and legal entities). Legal address: 1, Sultan uulu Kamchybek Str., Kopuro-Bazar village, Talas rayon, Talas oblast;
4. PE Kushubekov Esenkul Kanatovich (License No. 4295 dated March 11, 2010 for conducting cash foreign exchange transactions). Legal address: 65/7, Sarygulova Str., Talas city, Talas oblast;
5. PE Mirjalilov Mirzahid Miralievich (License No. 4294 dated March 10, 2010 for conducting cash foreign exchange transactions). Legal address: central entrance, LLC “Aibek Bazary”, Kyzyl Kiya village, Batken oblast;
6. PE Mahmudov Zainabidin (License No. 4293 dated March 10, 2010 for conducting cash foreign exchange transactions). Legal address: point No.2, 3/41, Zainabedinova Str., Osh city, Osh oblast;
7. PE Amanbaev Hamidulla Amanbaevich (License No. 4292, dated March 10, 2010 for conducting cash foreign exchange transactions). Legal address: point No.1, 3/41, Zainabedinova Str., Osh city, Osh oblast;
8. PE Ergesheva Manzura Bakirovna (License No. 4291, dated March 10, 2010 for conducting cash foreign exchange transactions). Legal address: container No.5, 1st passage, Turatali market, Kara-Suu village, Osh oblast.
The National Bank of the Kyrgyz Republic revoked certificates/licenses from the following NBFI:
1. Certificate No. 65, dated January 15, 2007, has been revoked from the LLC MCC “Baikut” from March 11, 2010 (certificate of accounting registration No.65, dated January 15, 2007 for micro-crediting of legal and physical entities) on the basis of minutes of the founders decision on self-liquidating, dated February 17, 2010. Legal address: 57, Baitik Baatyra Str, Bishkek;
2. License No. 318, dated December 11, 2001 has been revoked from the Credit Union “Niken” from March 9, 2010 on the basis of minutes of the general meeting of participants, dated November 17, 2009 and application on self-liquidating, dated March 1, 2010. Legal address: 32, Kyzyl Kiiskaya Str., Karavan village, Kyzyl Kiya city, Batken oblast.
Inter-bank payments
|
Indices of Interbank payment systems (IPS) |
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|
|
Total IPS |
including |
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|
Clearing system |
Gross system |
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|
KGS mln |
items |
KGS mln |
items |
KGS mln |
items |
|
|
Indices from the period of March 9, 2010 – March 12, 2010 (reporting period) |
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|
Absolute value for a week |
7 828,2 |
56 378 |
1 001,4 |
54 448 |
6 826,8 |
1 930 |
|
Share of IPS payments (%) |
100,0 |
100,0 |
12,8 |
96,6 |
87,2 |
3,4 |
|
including (%): |
|
|
|
|
|
|
|
Net positions of Common Interbank Processing Center |
0,3 |
0,6 |
2,2 |
0,6 |
0,0 |
0,0 |
|
Outgoing to the Central Treasurer's Office |
17,1 |
6,0 |
11,7 |
6,1 |
17,8 |
1,8 |
|
Incoming from the Central Treasurer's Office |
21,7 |
56,9 |
21,8 |
58,9 |
21,7 |
1,6 |
|
Outgoing to the Social Fund |
0,03 |
0,4 |
0,2 |
0,4 |
0,0 |
0,0 |
|
Incoming from the Social Fund |
1,0 |
8,0 |
7,6 |
8,3 |
0,0 |
0,0 |
|
Average weekly indices for the previous month |
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|
Absolute Value |
6 917,8 |
47 994 |
982,7 |
46 040 |
5 935,1 |
1 954 |
|
Indexes deviations of the reporting period from the weekly average indexes of the previous month |
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|
Absolute Value |
910,4 |
8 384 |
18,8 |
8 408 |
891,7 |
-24 |
|
% |
13,2 |
17,5 |
1,9 |
18,3 |
15,0 |
-1,2 |
Indices of “Elcart” system*
|
As of |
March 5, 2010 |
March 12, 2010 |
|
Number of cards in circulation (exclusive of the re-issued cards) |
86 284 |
86 572 |
|
Number of pos-terminals:
- in banks - in trade centers |
508
415 93 |
508
415 93 |
|
Number of automated teller machines |
156 |
158 |
* According to CJSC “Interbank processing center”, 16 commercial banks out to 22 are connected to it.