Regulatory Alerts2022-09-19
Rules for Providing Loans to Credit Organizations by the National Bank of Tajikistan in Emergency Cases
The National Bank of Tajikistan issued these Rules to establish the legal framework for providing short-term emergency loans to credit organizations to ensure liquidity. The regulations define eligibility criteria, including the maintenance of correspondent accounts and adherence to economic norms, while specifying acceptable collateral such as government securities and bank guarantees. The document further details the procedures for loan issuance, limit calculations, and the enforcement mechanisms available to the central bank in the event of default.
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