Regulatory Alerts2018-08-15 | 124472Procedure for Applying Special Classification to Loans Meeting Certain Criteria
The National Bank of the Kyrgyz Republic issued this regulation to optimize credit risk assessment by establishing a special classification framework for small consumer and micro-business loans. The document defines strict eligibility criteria, including loan caps and repayment structures, and mandates specific reserve provisioning percentages based on delinquency periods. It further imposes rigorous internal control, monitoring, and reporting requirements on banks and financial organizations to ensure accurate asset classification and risk management.
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