ь On November 16, 2011 at the Board meeting of the NBKR the following issues have been considered and resolutions have been adopted: 

· ” The Resolution № 55\8 on September 29, 2011” (№ 64\1) is acknowledged to be invalid by the NBKR Board  

· “On making amendments and additions to the Regulations “On the minimum requirements for credit risk management in commercial banks and other financial institutions licensed by NBKR” approved by the NBKR Board №.52\4 on June 30, 2010” (№ 64\2); 

· ”On approval of the “Development strategy of information systems of the National Bank for 2011-2015” (№ 64\6); 

 

ь On November 10, 2011, the National Bank of the Kyrgyz Republic held a lecture for the students of economic department and law faculty of the American University of Central Asia on the theme “The role and functions of the NBKR”, as well as the stories about the framework development of the national currency.  

 

ь The National Bank of the Kyrgyz Republic informs that on 2 November 2011, the Bank of England introduced a new-style Ј50 banknote into circulation. This is the first banknote of new modification in the world with the Motion® security thread. 

Description of a New Fifty Pound issued in 2011 

The predominant color of the banknote is red-burgundy. The size of the banknote 156 mm х 85 mm. 

The main image on the obverse side of the banknote is a portrait of the Queen of Great Britain Elizabeth II. 

The reverse side of the banknote depicts the portraits of famous British inventor and engineer James Watt (Watt), who perfected the steam engine for the industry, coined the term “horsepower” and gave this name to a unit of power measurement, as well as his business partner Matthew Bolton (Matthew Boulton); he promoted Watt with developments and innovations in the industry. 

Key security features are: 

watermark an image of a portrait of the British Queen Elizabeth II, digital and denomination banknote pound “f”. 

motion® security thread of new modification - security thread of diving type, green color with pictures of sterling symbol “Ј” and the number “50”, in transmitted light, the thread looks solid. When banknote is tilted, the images move in the windows and replace each other. 

see-through register - nesting images on front and back sides of the banknote up to the light combine to form the sterling symbol ”Ј”. 

relief of images on the front side of the banknote in the field of portraiture, graffiti and value. 

The new banknotes with portraits of Watt and Bolton will be in parallel circulation with previously released notes with value of 50 pounds. 

For more information about the security features of a new 50 pound banknote you can find on the web-site of the Bank of England at: www.bankofengland.co.uk/banknotes

 

News of Non-Bank Financial Institutions 

The National Bank of the Kyrgyz Republic issued licenses/certificates to the following NFC 

and exchange offices

 

1. PE Kyshtoobekov Zhamgyrbek (License No 4789 dated November 16, 2011 for conducting cash foreign exchange transactions), Registration number of exchange office: No 2852. Legal address: Central passage No.5, TMC ”Dordoi”, Bishkek; 

2. PE Bukchukeev Ruslanbek Karypbekovich (License No 4790 dated November 16, 2011 for conducting cash foreign exchange transactions), Registration number of exchange office: No 2853. Legal address: Central passage No.18, TMC ”Dordoi”, Bishkek; 

3. PE Etaliev Almazbek Sharshebaevich (License No 4791 dated November 17, 2011 for conducting cash foreign exchange transactions), Registration number of exchange office: No 2854. Legal address: 13-4, Deng Xiaoping street, Bishkek; 

4. PE Usenova Guljan Abdykerimovna (License No 4792 dated November 17, 2011 for conducting cash foreign exchange transactions), Registration number of exchange office: No 2855. Legal address: 15-4, Deng Xiaoping street, Bishkek; 

5. PE Dzhumanazarova Gulsun Kaldarovna (License No 4793 dated November 18, 2011 for conducting cash foreign exchange transactions), Registration number of exchange office: No 2856. Legal address: 286, Kurmanjan Datka street, Bishkek; 

6. PE Sulaimanova Rosa Sulaymanovna (License No 4794 dated November 18, 2011 for conducting cash foreign exchange transactions), Registration number of exchange office: No 2857. Legal address: 115, Ibraimov street (TH “Dordoi Plaza”, Bishkek; 

7. LLC MCC “Kairat-Bii” (Account Registration Certificate No.412 dated November 14, 2011 for micro crediting individuals and legal entities). Legal address: 52, Chapaev street, Bydyonovka village, Yssyk-Ata rayon, Chui oblast; 

8. LLC MCC “Start-Credit“ (Account Registration Certificate No.413 dated November 18, 2011 for micro crediting individuals and legal entities). Legal address: 4-72, Fuchik street, Bishkek. 

 

 

Interbank payments 

 

Indexes of the Interbank Payment Systems (IPS) 

 

 

 

Total IPS 

including 

Clearing system 

Gross system 

Volume, 

KGS 

Quantity, 

items 

Volume, 

KGS 

Quantity, 

items 

Volume, 

KGS 

Quantity, 

items 

Indexes for the period from November14 to November 18, 2011 (reporting period) 

Absolute Value 

14 525 763 121,70 

42 888 

1 491 591 601,52 

39 651 

13 034 171 520,18 

3 237 

Share in IPS payments (%) 

100,0 

100,0 

10,3 

92,5 

89,7 

7,5 

including (%)

  

  

  

  

  

  

Net positions of Common Interbank Processing Center 

0,1 

0,9 

0,8 

1,0 

0,0 

0,0 

Outgoing to the Central Treasurer's Office 

10,3 

8,5 

20,7 

9,1 

9,2 

1,2 

Incoming from the Central Treasurer's Office 

19,6 

36,2 

21,6 

39,1 

19,4 

1,5 

Outgoing to the Social Fund 

0,02 

0,5 

0,2 

0,6 

0,0 

0,0 

Incoming from the Social Fund 

0,7 

6,6 

6,4 

7,1 

0,0 

0,0 

Average weekly indices for the previous month 

Absolute Value 

12 258 856 510,59 

38 562 

1 295 619 769,28 

35 538 

10 963 236 741,31 

3 024 

 

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

Absolute Value 

2 266 906 611,11 

4 326 

195 971 832,25 

4 113 

2 070 934 778,87 

213 

18,5 

11,2 

15,1 

11,6 

18,9 

7,1 

 

Indices of the national payment system Elcart 

 

As of 

11.11.2011 

18.11.2011 

Number of cards in circulation (exclusively of re-issued cards) 

118 508 

118 860 

Number of pos-terminals,  

including: 

- in banks  

- in trade centers  

649 

445 

204 

649 

445 

204 

Number of automated teller machines 

160 

160