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On September 12, 2012, the meeting of the National Bank of the Kyrgyz Republic considered the following issues and took appropriate resolutions: · “On Approval of the instruction on providing clients with individual bank safe deposit boxes for storage of valuables by commercial banks of the Kyrgyz Republic” (No. 37/2). · “On the rules of regulation of the Financial company of Credit Unions SBFI OJSC, a legal successor of FCCU LLC” (No. 37/4). · “On granting a provisional approval to open Bai Tushum Microfinance Bank CJSC and partners” and obtaining a license for conducting banking operations in national and foreign currencies” (No. 37/4). |
Representatives of the NBKR took part in the international conference on “Remittances of Migrants: the Accuracy and Benefits,” organized in Kyrgyzstan by the World Bank and the Bank of Russia.
During the two-day conference, held in the framework of MIRPAL, two parallel sessions were held. First, under the auspices of the World Bank, was focused on the role of remittances in the development of countries of origin of migrants. International experts and representatives of relevant government agencies from nine MIRPAL Program member countries of the CIS attended the session.
The implementation of the general principles of remittances attracted particular attention of the participants. The review of the general principles of remittances and successful examples of legal reforms on account of payment presented by organizers were discussed. In particular, participants talked about Tajikistan and Moldova.
The Bank of Russia was the coordinator of the second session, which was held in the form of a technical seminar for representatives of departments of the balance of payments.
The participants of the meeting presented a system of statistics of migrants’ remittances, operating in their countries, and discussed the transition to the new methodology under the IMF's new Balance of Payments and International Investment Position Manual (BPM 6).
Licenses are issued to the following foreign exchange offices:
1. Private Entrepreneur Sheishenbek Mokushbekovich Abdrakhmanov (the license No. 5048 as of 11/09/2012 for conducting exchange operations with foreign currency in cash). Registered address: 266 Kurmanjan Datka st., Bishkek.
2. Private Entrepreneur Oleg Ivanovich Bezdornov (the license No. 5049 as of 11/09/2012 for conducting exchange operations with foreign currency in cash). Registered address: 148/2 Abdrakhmanov st., Bishkek.
3. Private Entrepreneur Spandiar Gadji ogli Abasov (the license No. 5050 as of 14/09/2012 for conducting exchange operations with foreign currency in cash). Registered address: 125/1 Chui ave., Bishkek.
4. Private Entrepreneur Ainura Samarbekovna Alymkulova (the license No. 5051 as of 14/09/2012 for conducting exchange operations with foreign currency in cash). Registered address: L. Tolstoy-Nekrasov st. intersection, no number, Bishkek.
Certificates of the following NBFIs are annulled
1. The license of the Myrzaiym MCA Public Foundation No. 181 as of 15/10/2009 for microcredit to individuals and legal entities to has been annulled on 04/09/2012 based on the minutes of the General Meeting of Founder No. 15 on self-liquidation as of 20/08/2012 due to the unprofitability. Registered address: 18 Baibagysh uulu Atygul st., Jalgyz-Terek Village, Narynsky District, Naryn region.
2. The license of the O. Kashka-Suu MCA Public Foundation No. 183 as of 26/11/2009 for microcredit to individuals and legal entities to has been annulled on 04/09/2012 based on the minutes of the General Meeting of Founder No. 3 on self-liquidation as of 30/08/2012 due to lack of customer base and the unprofitability. Registered address: 81 Birnazar uulu S. st., Echki-Bashy Village, Narynsky District, Naryn region.
Interbank Payments
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Indicators of interbank payment systems (IPS) |
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Total IPS |
including |
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Clearing System |
Gross System |
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amount, KGS |
q-ty, pc. |
amount, KGS |
q-ty, pc. |
amount, KGS |
q-ty, pc. |
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Indicators for the period September 3- 7 (reporting period) |
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Absolute Value |
13 309 658 064,09 |
45 330 |
1 512 606 551,68 |
42 325 |
11 797 051 512,41 |
3 005 |
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Share in IPS payments (%) |
100,0 |
100,0 |
11,4 |
93,4 |
88,6 |
6,6 |
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including (%) : |
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Net positions of the SIPC |
0,1 |
1,9 |
1,0 |
2,0 |
0,0 |
0,0 |
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Outgoing to the Central Treasury |
16,0 |
7,6 |
16,1 |
8,0 |
16,0 |
1,6 |
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Incoming to the Central Treasury |
12,7 |
35,5 |
14,3 |
37,9 |
12,5 |
2,7 |
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Outgoing to the Social Fund |
0,1 |
3,2 |
0,8 |
3,5 |
0,0 |
0,0 |
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Incoming to the Social Fund |
0,6 |
5,7 |
4,8 |
6,1 |
0,0 |
0,0 |
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Average weekly indicators for the last month |
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Absolute Value |
14 952 042 257,23 |
45 615 |
1 525 643 424,50 |
42 667 |
13 426 398 832,72 |
2 948 |
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Deviation of indicators for the reporting period from the average weekly indicators for the last month |
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Absolute Value |
-1 642 384 193,14 |
-285 |
-13 036 872,82 |
-342 |
-1 629 347 320,31 |
57 |
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% |
-11,0 |
-0,6 |
-0,9 |
-0,8 |
-12,1 |
1,9 |
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Elcart System Indicators
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As of |
07.09.2012 |
14.09.2012 |
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The total number of issued cards (excluding re-issued) |
140 781 |
143 348 |
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The number of POS terminals: - in banks - in stores |
747 486 261 |
745 484 261 |
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The number of ATMs |
229 |
231 |