Regulatory Alerts2022-05-18 | 129723Regulation on the Procedure for Syndicated Lending in the Kyrgyz Republic
The National Bank of the Kyrgyz Republic issued this Regulation to establish the legal framework and operational procedures for syndicated lending by commercial banks and microfinance companies. It mandates strict requirements for borrower due diligence, internal bank risk management, and the specific contents of syndicated credit agreements and loan contracts. The document further outlines monitoring obligations, collateral standards, and protocols for repayment and default resolution to ensure financial stability.
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