On January 18, 2012 at the Board meeting of the NBKR the following issues have been considered and resolutions have been adopted:  

· “On Amendments to the NBKR Board Resolution No.12/6 dated March 11, 2009 ”On the minimum banks' capital (own funds)”, registered with the Ministry of Justice of the Kyrgyz Republic on April 1, 2009, Registration Number 38-09” (No. 2\1). 

· “On some normative and legal acts of the National bank of the Kyrgyz Republic” (No.2\2). 

 

On Cash Turnover Status in the Kyrgyz Republic  

for IY quarter 2011  

 

 

· The total amount of money in circulation as of January 1, 2012 made 49,866.9 million soms, of which 2,541.6 million soms were in the cash departments of commercial banks and others - outside the banking system (increased by 6,576.6 million soms or 15.2 percent as compared with the corresponding period of the previous year).  

· The cash departments of commercial banks of the Kyrgyz Republic received 128,240.5 million soms in the IY quarter of 2011, which is 35,489.4 million soms more, or 38.3 percent than in IY quarter of 2010.  

· In the IY quarter of 2011 the cash departments of commercial banks dispensed cash in the amount of 129,443.2 million soms, which is 34,938.1 million soms or 37.0 percent more than in the IY quarter of 2010.  

· Cash repayment to the cash departments of commercial banks for IY quarter of 2011 amounted to 99.1 percent (an increase made 1.0 percentage points as compared with the index for IY quarter of 2010). 

· Changing the repayment of cash in the cash departments of commercial banks by regions for IY quarter 2011 is shown in Table 1. 

in percent 

 

2010  

2011  

Deviation 

 

Total in the country  

 

98.1 

 

99.1 

 

1.0 

Bishkek city 

108.7 

110.9 

2.2 

Batken oblast 

69.6 

76.9 

7.3 

Jalal-Abad oblast 

78.1 

82.9 

4.8 

Issyk-Kul oblast 

75.9 

77.0 

1.1 

Naryn oblast 

63.1 

62.8 

-0.3 

Osh oblast  

69.4 

58.1 

-11.3 

Osh city 

107.0 

105.2 

-1.8 

Talas oblast 

61.1 

66.9 

5.8 

Chui oblast 

107.5 

98.1 

-9.4 

 

News of Non-Bank Financial Institutions 

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

and exchange offices

 

1. PE Akymbaev Aibek Seitbekovich (License No. 4832 dated January 16, 2012 for conducting cash foreign exchange transactions), Registration number of exchange office: No 2888. Legal address: 150, Abdrahmanov street, Exchange office “Sultan”, Bishkek; 

2. PF MKA “Balykchy Finans” (Account Registration Certificate No.199 dated January 18, 2012 for micro crediting individuals and legal entities). Legal address: 252, Frunze street, Balykchy, Issyk-Kul oblast. 

 

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 January 16 to January 21, 2012 (reporting period) 

Absolute Value 

9 444 237 430,84 

35 250 

1 189 402 969,37 

32 483 

8 254 834 461,47 

2 767 

Share in IPS payments (%) 

100,0 

100,0 

12,6 

92,2 

87,4 

7,8 

including (%)

  

  

  

  

  

  

Net positions of Common Interbank Processing Center 

0,1 

1,2 

0,7 

1,3 

0,0 

0,0 

Outgoing to the Central Treasurer's Office 

6,9 

2,3 

6,2 

2,4 

6,9 

1,2 

Incoming from the Central Treasurer's Office 

17,8 

38,0 

25,4 

41,1 

16,8 

1,5 

Outgoing to the Social Fund 

0,02 

0,3 

0,2 

0,3 

0,0 

0,0 

Incoming from the Social Fund 

0,3 

3,1 

2,5 

3,3 

0,0 

0,0 

Average weekly indices for the previous month 

Absolute Value 

16 155 509 255,52 

50 333 

1 698 190 259,08 

46 865 

14 457 318 996,43 

3 468 

 

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

Absolute Value 

-6 711 271 824,68 

-15 083 

-508 787 289,71 

-14 382 

-6 202 484 534,96 

-701 

-41,5 

-30,0 

-30,0 

-30,7 

-42,9 

-20,2 

 

 

Indices of the national payment system Elcart 

 

As of 

14.01.2012 

21.01.2011 

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

121 291 

121 609 

Number of pos-terminals,  

including: 

- in banks 

- in trade centers 

683 

457 

226 

683 

457 

226 

Number of automated teller machines 

164 

164