Creation date: 2010-10-12

 

ь From October 6 to October 8, 2010, the Fifth Krakov Political Forum was arranged in Kiev city. This forum was devoted to legislative provision and regulation of the financial system. Session of the Krakov Political Forum is arranged once in two years, where regulators in cooperation with representatives of micro-financing sector discuss the most actual topics of financial services availability for a wide range of population. This year, representatives of Ukraine, Russia, Kazakhstan, Moldova, Armenia, Kyrgyzstan, Tajikistan and Belarus participated in the forum session. Representatives of the National Bank of the Kyrgyz Republic actively participated in work of this forum. The NBKR Board member – Alymbaeva S.K. and Head of the Nonbanking Supervision Department, Dzhymashev S.A. presented reports on the topics: “Protection of rights of financial services consumers in the Kyrgyz Republic” and “Financial cooperatives in Kyrgyzstan: issues of development, regulation and supervision”.  

 

 

ь In accordance with resolution of the Board of the National Bank of the Kyrgyz Republic No.75/5, dated September 29, 2010, on collection silver coins “EurAsEC” and “Tyndyk kotoruu”, since October 1, 2010, collection silver coins are introduced into circulation in the territory of the Kyrgyz Republic. These coins are devoted to the series “10 years of EurAsEC” and “National customs and rites of the EurAsEC countries people”.  

Collection coins are made of 925 alloy silver and have international quality “proof”. Coins have the status of official payment instrument in the territory of the Kyrgyz Republic. 

Collection coins “10 years of EurAsEC” and “Tyndyk kotoruu” are issued within the framework of the International program on issuance and sale of collection coins, made of precious metals of the EurAsEC countries. 

The main assembling element of the whole series of collection coins, issued by Central (National) banks of the EurAsEC countries, is the emblem of EurAsEC organization.  

In the center of head of the coin “10 years of EurAsEC” there is the EurAsEC emblem, made of colored enamel. The emblem is placed against the background of flower, which petals contain sights of capitals of the EurAsEC countries.  

At the reverse side of the coin there is the Kyrgyz Republic emblem, located at the center of the leaf against the background of the globe. 

The main topic of head of the coin “Tyndyk kotoruu” is the process of yurt arrangement – one of the main traditional ceremonies of the Kyrgyz people.  

At the reverse side of the coin there is the Kyrgyz Republic emblem, EurAsEC emblem, made of colored enamel and semiabstract flying birds in the form of Kyrgyz ornament.  

Each coin is placed into acrylic capsule and capsule is placed into casket. Certificate is attached for each coin. 

Coins were issued by the Kazakh mint. Price of collection coins: “10 years of EurAsEC” – 1600 soms and “Tyndyk kotoruu” – 1500 soms per each.  

Coins are sold by the Central turnover cash of the National Bank of the Kyrgyz Republic and turnover cash of regional departments of the National Bank of the Kyrgyz Republic from 9 a.m. to 12.00 every day, except for Saturdays and Sundays.  

 

 

Coins specification 

 

Name, metal 

Nominal value 

Metal 

(alloy) 

Weight 

Diameter 

Quality 

Quantity 

(units) 

Price 

"10 years of EurAsEC", Ag 

10 soms 

Ag 925° 

31.1 gr 

38.61 mm 

Proof 

2 000 

1 600 

" Tyndyk kotoruu ", Ag 

10 soms 

Ag 925°° 

31.1 gr 

38.61 mm 

Proof 

3 000 

1 500 

 

 

 

News of non-bank financial institutions 

 

The National Bank of the Kyrgyz Republic issued licenses (certificates) for the following non-banking financial institutions (NBFI): 

1. LLC MCC “Micro Money” (license N°319, dated October 8, 2010 for micro-crediting of individuals and legal entities). Legal address: 119a/6, Ahunbaev Str., Bishkek city; 

2. Private Enterprise Imankulov Maksat Temiralyevich (license N°4490 dated October 4, 2010 for the right to perform exchange transactions with cash foreign currency). Legal address: Sarygulov Str., Talas, Talas oblast (first floow of the Trade Center “Koktom”); 

3. LLC “MB and Company” (license N°4491 dated October 5, 2010 for the right to perform exchange transactions with cash foreign currency), registration number of exchange office – 2609. Legal address: 351, Pobeda Str., Lebedinovka village, Chui oblast; 

4. LLC “Zapad Service” (license N°4492 dated October 5, 2010 for the right to perform exchange transactions with cash foreign currency), registration number of exchange office – 2610. Legal address: pavilion 3, northern bus-stop, Trade Center Dordoi, Bishkek; 

5. Private Enterprise Bukchukeev Ruslanbek Karypbekovich (license N°4493 dated October 5, 2010 for the right to perform exchange transactions with cash foreign currency), registration number of exchange office – 2611. Legal address: container 18, central passage, Trade Center Dordoi, Bishkek; 

6. Private Enterprise Baijumanova Ayzada Turgunbekovna (license N°4494 dated October 5, 2010 for the right to perform exchange transactions with cash foreign currency), registration number of exchange office – 2612. Legal address: second floor, eastern side, Airport “Manas”, Bishkek; 

7. Private Enterprise Nesterova Irina Yuryevna (license N°4495 dated October 5, 2010 for the right to perform exchange transactions with cash foreign currency), registration number of exchange office – 2613. Legal address: place 31, pavilion 27, central passage, Trade Center Dordoi, Bishkek; 

8. Private Enterprise Kosov Yurii Mihailovich (license N°4496 dated October 8, 2010 for the right to perform exchange transactions with cash foreign currency), registration number of exchange office – 2614. Legal address: 72a, Zentralnaya Str., Kara-Balta city, Chui oblast; 

 

Results of consideration of cases on administrative violations: 

 

In accordance with article 358 of the Code on Administrative Responsibility, penalty was imposed on three physical entities, engaged in conducting of exchange transactions with cash foreign currency, for performance of activity without licenses, with deduction of the imposed penalty in favor of the national budget in the amount, established by the legislation.  

 

 

Inter-bank payments 

 

Indices of Interbank payment systems (IPS) 

  

Total IPS 

в том числе 

Clearing system 

Gross system 

Volume, 

KGS  

Quantity, 

items 

Volume, 

KGS  

Quantity, 

items 

Volume, 

KGS  

Quantity, 

items 

Indices from the period of October 04, 2010 – October 08, 2010 (reporting period) 

Absolute value for a week  

8 624 734 215,69 

24 230 

1 207 991 441,48 

22 061 

7 416 742 774,21 

2 169 

Share of IPS payments (%) 

100,0 

100,0 

14,0 

91,0 

86,0 

9,0 

including (%): 

 

 

 

 

 

 

Net positions of the Single Interbank Processing Center 

0,3 

1,6 

2,3 

1,8 

0,0 

0,0 

Outgoing to the Central Treasurer's Office 

19,7 

15,4 

19,6 

16,7 

19,7 

2,1 

Incoming from the Central Treasurer's Office 

10,3 

14,3 

10,0 

15,5 

10,3 

2,2 

Outgoing to the Social Fund 

0,4 

5,3 

2,7 

5,9 

0,0 

0,0 

Incoming from the Social Fund 

0,9 

10,5 

6,3 

11,5 

0,0 

0,0 

Average weekly indices for the previous month 

Absolute Value 

8 407 515 825,82 

22 167 

1 192 992 871,88 

19 850 

7 214 522 953,94 

2 317 

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

Absolute Value 

217 218 389,87 

2 063 

14 998 569,61 

2 211 

202 219 820,27 

-148 

% 

2,6 

9,3 

1,3 

11,1 

2,8 

-6,4 

 

 

Indices of “Elcart” system* 

 

As of  

October 01, 2010 

October 08, 2010 

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

100 147 

100 399 

Number of pos-terminals: 

- in banks 

- in trade centers 

552 

447 

105 

566 

447 

119 

Number of automated teller machines 

132 

134 

*According to CJSC “Inter-bank processing center”, at present all 22 commercial banks are connected to the Single Inter-bank Processing Center.