On the status of cash turnover in the Kyrgyz Republic for quarter IV, 2014
The total amount of money in circulation as of January 1, 2015, constituted 57 074.6 million KGS, thereof 4 839.6 million KGS were in the cash desks of commercial banks, the other amount is outside the banking system (the total amount of money in circulation compared with the corresponding period of the last year decreased by 9 879.6 million KGS or by 14.8 percent).
In quarter IV, 2014, the cash desks of commercial banks received 296 516.2 million KGS, this amount increased by 57 012.1 million KGS or 23.8 percent compared with IV quarter 2013.
The amount of 292 017.7 million KGS was issued from the cash desks of commercial banks in quarter IV, 2014, which is by 47 784.0 million KGS or 19.6 percent more compared with quarter IV, 2013.
Recoverability of cash to the cash desks of commercial banks in quarter IV, 2014, constituted 101.5 percent (compared with quarter IV, 2013, increase was 3.4 percentage points).
Change in recoverability of cash in the cash desks of commercial banks for quarter IV 2014 in regions is given in Table 1.
in percent
|
|
2013 |
2014 |
Deviation |
|
Total in the Republic |
98.1 |
101.5 |
3.4 |
|
Bishkek city |
103.6 |
106.7 |
3.1 |
|
Batken region |
95.7 |
97.4 |
1.7 |
|
Jalal-Abad region |
86.3 |
91.5 |
5.2 |
|
Issyk-Kul region |
90.0 |
92.2 |
2.2 |
|
Naryn region |
82.6 |
88.0 |
5.4 |
|
Osh region |
95.5 |
96.0 |
0.5 |
|
Osh city |
100.0 |
104.7 |
4.7 |
|
Talas region |
64.5 |
82.3 |
17.8 |
|
Chui region |
100.0 |
100.0 |
0.0 |
The administration of the National Bank hosted representatives of IMF Mission
The Chairman of the National Bank of the Kyrgyz Republic, Tolkunbek Abdygulov, today, on January 22, met the International Monetary Fund Mission to the Kyrgyz Republic led by Edward Gemayel. Deputy Chairman and representatives of the IMF Office in the Kyrgyz Republic took part in this event.
Parties discussed the issues of bilateral cooperation, touched on the topics of banking supervision in the Kyrgyz Republic and situation in the foreign exchange market of the country.
Within the framework of campaign on increasing financial literacy of the population the NBKR specialists conducted on-site lectures in the schools of Tokmok town
The National Bank of the Kyrgyz Republic, in continuing the series of on-site lectures within the framework of campaign on increasing financial literacy of the population, carried out an event for the pupils of secondary schools № 1, № 3 and № 12 of Tokmok town. Lectures were attended by more than 150 people.
In the course of these lectures, the specialists of key directions of the National Bank of the Kyrgyz Republic provided presentations and told how to keep the family budget and operate personal money rationally, series of banknotes of the national currency and their security elements, accumulation of savings and types of deposits, credits and rules of loans registration, advantages and benefit of up-to-date payment instruments and the national payment card Elcart.
These lectures were conducted by the general counsel of department on the rights of consumers of banking and micro-financial services of the legal department, Mirlan Maitpasov, the leading specialist of expert division of the cash management department, Emil Kurmanaliev, the chief inspector of the external supervision division of the banks of the external oversight department, Tynchtyk Tenizbaev, the chief specialist of the payment systems analysis and development division of the payment systems department, Saltanat Ibragimova and the leading inspector of the external supervision division of the external oversight department, Avas Dzhumaev.
In the course of the lecturers’ speech and upon completion of the event, the upper-form pupils asked a lot of questions related to deposits, types of credits and payment cards.
The teacher of 10th form Meerim emphasized that she found for herself a lot of useful information. "Knowledge gained today I cannot use in practice yet, but in my adult life they are sure to be useful for me. Nowadays, young generation of the citizens of Kyrgyzstan shall be provided with the skills of effective personal money handling, loans registration and receipt, funds accumulation and their investment. Each of us shall try to develop and multiply knowledge received nowadays. I think that person’s wellbeing depends on his/her financial literacy", - she said.
However, the pupil of 11th form, Bakyt, thinks that all people in the XXI century shall know the basics of economics and finances. "This is the requirement of our time. Financial literacy is necessary for people of any age", - he emphasized.
"I have always thought that economics is very difficult and I would not like to choose a profession in this sphere in future. Now, I understand than everyone should be aware of financial issues or as people used to say that this is on trend. There are different situations in our life, and it turned out to be very important to gain basic knowledge in this sphere", - the upper-former Adilet shared his opinion.
According to the deputy principal on studies of secondary school №12, Liubov Oleinikova, nowadays, children should gain knowledge in the sphere of economics as never before. "They should be aware of the services rendered by the financial institutions, strictly distribute their personal money, and, of course, become successful citizens. Today event was very useful for children. Such lectures should be carried out more often", - she finalized.
Within the framework of information campaign on improvement of financial literacy of the population, the specialists of the National Bank will continue conducting on-site lectures in the schools, vocational schools and higher educational institutions of the republic. On-site lectures were conducted earlier for the pupils of schools № 84 and № 93, as well as vocational schools.
Licenses/certificates have been issued to the following non-bank financial institutions and exchange offices:
1. "Valiuta plus" LLC (license № 5203 dated January 23, 2015 for carrying out foreign exchange operations in cash). Registration number of exchange office is № 3201. Legal address: (kiosk at the station), w/n, Abdrakhmanov/Bokonbaev Street, Bishkek city.
2. "Mazar-suu" LLC (license № 5204 dated January 23, 2015 for carrying out foreign exchange operations in cash). Registration number of exchange office is № 3202. Legal address: № А1, pass 16, "Altyn-Too" market, Bishkek city.
3. Institution MCA "Azat and Co", certificate № 207 dated January 19, 2015 for micro-crediting of individuals and legal entities. Legal address: apt. 28, building 15, Uchkun microdistrict, Bishkek city.
Certificates/licenses of the following non-bank financial institutions and exchange offices have been cancelled/revoked:
1. Certificate of accounting registration of MCC "Kutman Credit" LLC, № 450 dated April 20, 2012 for micro-crediting of individuals and legal entities has been cancelled. Legal address: 33 "A", Stantsionnaya Street, Tokmok town, Chui Region;
2. Certificate of accounting registration of Public Fund MCA "Fond Vosstanovleniya", № 193 dated August 05, 2010 for micro-crediting of individuals and legal entities has been cancelled. Legal address: 2/7, Abai Street, Bishkek city.
|
Interbank Payment Systems (IPS) indicators |
||||||
|
|
Total IPS |
including |
||||
|
Clearing system |
Gross system |
|||||
|
Volume, KGS |
Q-ty, pcs |
Volume, KGS |
Q-ty, pcs |
Volume, KGS |
Q-ty, pcs |
|
|
Indicators for the period from January 19 to 23, 2015 (reporting period) |
||||||
|
Absolute Value |
33 472 198 022.73 |
57 485 |
1 454 768 762.07 |
52 789 |
32 017 429 260.66 |
4 696 |
|
Share in IPS payments (%) |
100.0 |
100.0 |
4.3 |
91.8 |
95.7 |
8.2 |
|
Including (%): |
|
|
|
|
|
|
|
Net positions of the Common Interbank Processing Center |
0.1 |
1.4 |
1.4 |
1.6 |
0.0 |
0.0 |
|
Outgoing to the Central Treasury |
3.1 |
2.2 |
8.7 |
2.3 |
2.8 |
0.8 |
|
Incoming to the Central Treasury |
8.5 |
59.6 |
30.0 |
64.5 |
7.5 |
4.4 |
|
Outgoing to the Social Fund |
0.01 |
0.3 |
0.3 |
0.4 |
0.0 |
0.0 |
|
Incoming to the Social Fund |
0.1 |
3.4 |
1.9 |
3.7 |
0.0 |
0.0 |
|
Average weekly indicators for the last month |
||||||
|
Absolute Value |
39 988 444 810.59 |
79 212 |
2 547 274 675.43 |
71 554 |
37 441 170 135.17 |
7 658 |
|
Deviation of indicators for the reporting period from average weekly indicators for the last month |
||||||
|
Absolute Value |
-6 516 246 787.86 |
-21 727 |
-1 092 505 913.36 |
-18 765 |
-5 423 740 874.51 |
-2 962 |
|
% |
-16.3 |
-27.4 |
-42.9 |
-26.2 |
-14.5 |
-38.7 |
|
Elcart System indicators |
||
|
As of |
16.01.2015 |
23.01.2015 |
|
The total number of issued cards (excluding reissued) |
365 594 |
368 630 |
|
Number of POS-terminals: - in banks - in sale outlets |
1502 771 731 |
1508 775 733 |
|
Number of ATMs |
428 |
429 |