On March 14, 2012 at the Board meeting of the NBKR the following issues have been considered and resolutions have been adopted:  

· ”On making amendments and additions to some legal acts of the NBKR: Regulation ”On the Requirements for the accounting policies of commercial banks and other Financial Institutions licensed by the NBKR”, Regulation ”About requirements for the accounting policies of commercial banks conducting operations in accordance with the principles of Islamic banking and funding ” (No.11/2); 

· ”On the Report about current state of the payment system for 2011” (No.11/3). 

 

News of Non-Bank Financial Institutions 

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

and exchange office

1. Kaiykova Venera Musalievna (License No 4862 dated March 12, 2012 for conducting cash foreign exchange transactions), Registration number of exchange office: 2906. Legal address: Exchange office No.14, Central passage, “Dordoi” market, Bishkek; 

2. Ergeshova Mahpurat Bakirovna (License No 4863 dated March 13, 2012 for conducting cash foreign exchange transactions). Legal address: n/a, Bazarnaya street, Osh, Osh oblast; 

3. Timoshkin Alexey Alexandrovich (License No 4864 dated March 15, 2012 for conducting cash foreign exchange transactions), Registration numbers of exchange offices: 2907, 2908, 2909, 2910. Legal addresses: Pavilion numbers: 8, 31/32, 39, 5/25, “Oberon” market, Suerkulov street, Bishkek; 

4. Imenov Imindzhan Salimdzhanovich (License No 4865 dated March 16, 2012 for conducting cash foreign exchange transactions), Registration number of exchange office: 2911. Legal address: 266, Kurmanjan Datka street, Bishkek; 

5. LLC MCC “Karajat Finans” (Account Registration Certificate No.440 dated March 12, 2012 for micro crediting individuals and legal entities). Legal address: 11-61, Ibraimov street, Bishkek. 

 

The National Bank of the Kyrgyz Republic revoked certificates/licenses from the following NBFI: 

 

1. Based on the decision of the Founder No.1 dated February 1, 2012, Account Registration Certificate No 112 of LLC MCC “Baitur Finans” as of February 20, 2012 for micro crediting individuals and legal entities has been revoked from March 12, 2012. Legal address: 5, Seryogin street, Prigorodnoye village, Alamudun rayon, Chui 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 March 12 to March 16, 2012 (Reporting period) 

Absolute Value 

11 968 854 404,50 

48 419 

1 514 226 745,26 

45 465 

10 454 627 659,24 

2 954 

Share in IPS payments (%) 

100,0 

100,0 

12,7 

93,9 

87,3 

6,1 

including (%): 

  

  

  

  

  

  

Net positions of Common Interbank Processing Center 

0,1 

0,8 

1,1 

0,9 

0,0 

0,0 

Outgoing to the Central Treasurer's Office 

15,1 

6,8 

20,1 

7,0 

14,4 

2,8 

Incoming from the Central Treasurer's Office 

15,3 

40,8 

18,4 

43,3 

14,9 

1,3 

Outgoing to the Social Fund 

0,02 

0,3 

0,1 

0,3 

0,0 

0,0 

Incoming from the Social Fund 

1,1 

7,8 

8,5 

8,3 

0,0 

0,0 

Average weekly indices for the previous month 

Absolute value 

11 097 839 260,94 

39 856 

1 148 581 597,60 

37 388 

9 949 257 663,35 

2 468 

 

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

Absolute value 

871 015 143,56 

8 563 

365 645 147,66 

8 078 

505 369 995,89 

486 

7,8 

21,5 

31,8 

21,6 

5,1 

19,7 

 

Indices of the national payment system Elcart 

 

As of 

09.03.2012 

16.03.2012 

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

125 232 

125 720 

Number of pos-terminals, 

including: 

- in banks 

- in trade centers 

693 

457 

236 

716 

502 

259 

Number of automated teller machines 

170 

171