On 10 April 2012 the Board of the National Bank of the Kyrgyz Republic has reviewed resolution No. 11/2 on introduction of modifications and amendments to certain regulations of the NBKR regarding Combating the financing of terrorism and money laundering.
The IMF mission
The IMF mission visited Bishkek from March 27 to April 10 to conduct consultations under Article IV of the IMF Articles of Agreement and also to hold discussions in the framework of the fourth review of the economic program implementation supported by the IMF using Extended Credit Mechanism (ECM). There were also held meetings of employees of the National Bank of the Kyrgyz Republic and the IMF. They discussed issues related to the recent changes in the economic development, acute development issues of the banking sector. At the meetings with the IMF mission a great attention was paid to the monetary policy and exchange rate policy, the prospects for economic development of the Kyrgyz Republic for 2013, balance of payments projections, the development of the banking sector, improvement of legislation in the field of anti-money laundering and combating the financing of terrorism.
Licenses issued to the following Non-bank Financial Institutions and exchange offices:
Private Entrepreneur Sulaymanov O.K. (license No. 5089 dd. 09.04.2013 to conduct exchange operations with foreign currency in cash). Legal address: Batken region, Kyzyl-Kiya, 1 Isfayram Street;
Private Entrepreneur Abdullaeva G.Zh. (license No. 5090 dd. 10.04.2013 to conduct exchange operations with foreign currency in cash) registration No. 3080. Legal address: Bishkek, Suerkulov Street, Oberon market, 9-10 pavilion;
Pawnshop Economy (license No. 5091 dd. 11.04.2013 to conduct exchange operations with foreign currency in cash) registration No. 3081. Legal address: Bishkek, 162 Chui Avenue, additional exchange office registration No. 3082. Legal address: 129-3 Kievskaya Street;
Private Entrepreneur Mambetaliev E.B. (license No. 5092 dd. 11.04.2013 to conduct exchange operations with foreign currency in cash) registration No. 3083. Legal address: Bishkek, Dordoi market, northern parking;
Private Entrepreneur Svetlichniy E.A. (license No. 5093 dd. 12.04.2013 to conduct exchange operations with foreign currency in cash) registration No. 3084. Legal address: Bishkek, 119 Shopokov Street;
Private Entrepreneur Amakulov B.S. (license No. 5094 dd. 10.04.2013 to conduct exchange operations with foreign currency in cash) registration No. 3085. Legal address: Bishkek, 16-10a Den Syaopin Street.
Licenses/ certificates annulled of the following Non-bank Financial Institutions:
Starting from 08.04.2013 the license No. 5001 dd. 06.07.2012 of a Private Entrepreneur Dzhumanazarova M.T. to conduct exchange operations with foreign currency in cash is annulled due to liquidation. Legal address: Bishkek, 166 Abdrakhmanov Street.
Starting from 10.04.2013 the license No. 4910 dd. 16.04.2012 of a Private Entrepreneur Kuldashev T.M. to conduct exchange operations with foreign currency in cash is annulled due to liquidation. Legal address: Zhalal-Abad region, Zhalal-Abad, N.Aytmatov Street, w/o No.
Starting from 09.04.2013 the accounting registration certificate No. 311 dd. 25.10.2001 of Aldier Credit Union to provide micro loans to legal entities and individuals is annulled due to liquidation. Legal address: Osh region, Kara-Suu district, Zhany-Aryk village.
Interbank payments
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Inter-bank payment system indicators (IPS) |
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Total IPS |
including |
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Clearing system |
Gross system |
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amount, KGS |
quantity, units |
amount, KGS |
quantity, units |
amount, KGS |
quantity, units |
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Indicators for the period of April 08-12, 2013 (accounting period) |
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Absolute value |
15 916 334 171,14 |
45 971 |
1 441 814 336,66 |
42 627 |
14 474 519 834,48 |
3 344 |
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Share in IPS (%) |
100,0 |
100,0 |
9,1 |
92,7 |
90,9 |
7,3 |
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including (%): |
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Net position of Integrated Inter-bank Processing Center |
0,1 |
1,6 |
1,5 |
1,7 |
0,0 |
0,0 |
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Outgoing Central Treasury |
12,6 |
7,0 |
12,6 |
7,5 |
12,6 |
1,0 |
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Incoming Central Treasury |
16,9 |
39,7 |
20,2 |
42,5 |
16,5 |
5,1 |
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Outgoing Social Fund |
0,03 |
0,6 |
0,3 |
0,6 |
0,0 |
0,0 |
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Incoming Social Fund |
0,9 |
8,7 |
9,4 |
9,4 |
0,0 |
0,0 |
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Average-weekly indicators for the previous month |
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Absolute value |
13603914981,08 |
47 136 |
1 410 536 056,09 |
44 221 |
12 193 378 924,99 |
2 915 |
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Deviation of accounting period indicators from average-weekly indicators for the previous month |
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Absolute value |
2 312 419 190,06 |
-1 165 |
31 278 280,57 |
-1 594 |
2 281 140 909,49 |
429 |
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% |
17,0 |
-2,5 |
2,2 |
-3,6 |
18,7 |
14,7 |
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Elcard system indicators |
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A of |
05.04.2013 |
12.04.2013 |
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Total number of issued cards (excluding reissued) |
190 946 |
192 814 |
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Number of pos-terminals: - in banks - in sale outlets |
1048 787 261 |
1048 787 261 |
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Number of ATMs |
272 |
272 |