Regulatory Alerts2024-03-20 | 129655Rules for Regulating the Activities of JSC Financial Company of Credit Unions
The National Bank of the Kyrgyz Republic establishes binding economic norms and requirements for JSC Financial Company of Credit Unions to ensure financial stability and protect creditors. The regulations mandate specific capital adequacy ratios, liquidity standards, and strict limits on risk concentration, including maximum exposure to individual borrowers and investment caps in securities and real estate. Compliance is enforced through mandatory reporting, dividend restrictions, and supervisory oversight to mitigate credit and liquidity risks.
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