RegAlert2007-03-28 | 8-153Added · Updated
Resolution of the Board of the National Bank of the Kyrgyz Republic No. 16/4 of March 28, 2007 On Amendments and Additions to Certain Regulatory Legal Acts of the National Bank of the Kyrgyz Republic
Commercial banks must comply with risk norms daily, except for liquidity and demand deposit risk norms which are monitored monthly. Banks must submit a daily report on time deposit risk compliance (K5.1) to the NBKR by 9:00 AM on paper, certified by the bank head. This resolution enters into force upon official publication and state registration.
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- Obligation 23
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Registered in the Ministry of Justice of the Kyrgyz Republic
April 26, 2007. Registration number 47-07
Bishkek
from March 28, 2007 No. 16/4
RESOLUTION OF THE BOARD OF THE NATIONAL BANK
OF THE KYRGYZ REPUBLIC
On Amendments and Additions to Certain
Regulatory Legal Acts of the National Bank
of the Kyrgyz Republic
(As amended by the Resolution of the Board of the NBKR of June 15, 2017 No. 2017-P-12/25-4)
Having considered the draft "Amendments and Additions to Certain Regulatory Legal Acts of the National Bank of the Kyrgyz Republic", guided by Articles 7, 30, 43 of the Law of the Kyrgyz Republic "On the National Bank of the Kyrgyz Republic", Articles 39, 39-1 of the Law of the Kyrgyz Republic "On Banks and Banking Activity in the Kyrgyz Republic",
The Board of the National Bank of the Kyrgyz Republic resolves:
1. Approve the amendments and additions to certain regulatory legal
acts of the National Bank of the Kyrgyz Republic (attached).
2. The Methodology and Licensing Supervision Department jointly with
the Legal Department to carry out the state registration of this resolution in the Ministry of Justice of the Kyrgyz Republic in the established manner.
3. This resolution enters into force from the moment of official
publication after state registration in the Ministry of Justice of the Kyrgyz Republic.
4. After publication of the registered regulatory legal
act, the Legal Department to inform the Ministry of Justice of the Kyrgyz Republic about the source of publication (name of the edition, its number and date).
5. Control over the implementation of this resolution is assigned to
the Deputy Chairman of the National Bank of the Kyrgyz Republic Bo- kontaev K.K.
Chairman of the Board of the National Bank of the Kyrgyz Republic M. Alapaev
Approved
by the Resolution of the Board
of the National Bank
of the Kyrgyz Republic
from March 28, 2007 No. 16/4
AMENDMENTS AND ADDITIONS
to certain regulatory legal acts
of the National Bank of the Kyrgyz Republic
(As amended by the Resolution of the Board of the NBKR of June 15, 2017 No. 2017-P-12/25-4)
I. Make the following amendments and additions to the Regulation on economic norms and
requirements, mandatory for commercial banks and financial institutions licensed by the National Bank of the Kyrgyz Republic, approved by Resolution of the Board of the National Bank of the Kyrgyz Republic of July 21, 2004 No. 18/1 "On Approval of the Regulation on Economic Norms and Requirements, Mandatory for Commercial Banks and Financial Institutions, Licensed by the National Bank of the Kyrgyz Republic", registered in the Ministry of Justice of the Kyrgyz Republic on August 23, 2004, registration number 93-04:
1. Section 6 "Norm of the maximum size of risk on deposits of
individuals (K5)" is to be worded as follows:
"6. Norm of the maximum size of risk on liabilities to individuals (K5)
6.1. The norm of the maximum size of risk on time deposits of
individuals and other liabilities to individuals (K5.1) is calculated by the formula:
K5.1 = NTC / TDI * 100%, where:
NTC - net total capital of the bank;
TDI - sum of time deposits and other liabilities to individuals, including bills of exchange, savings (deposit) certificates, bonds, checks, etc.
6.2. The norm of the maximum size of risk on demand deposits
of individuals (K5.2) is calculated by the formula:
K5.2 = NTC / DDI * 100%, where:
NTC - net total capital of the bank;
DDI - sum of demand deposits of individuals.
6.3. These norms, as well as their values, may be established
individually for a specific bank by decision of the Supervisory Committee of the NBKR.
6.4. The bank must comply with the norm of the maximum size of risk on
time deposits and other liabilities to individuals (K5.1) on a daily basis, and the norm of the maximum size of risk on demand deposits of individuals (K5.2) - during the reporting period (one month) based on weekly average data. During the reporting period, the bank must calculate weekly average values of demand deposits of individuals, in the calculation of which only working days are included. Average indicators are calculated by the method of calculating arithmetic means.
6.5. Daily by 9:00 AM, banks must submit to the NBKR a report on
compliance with the norm of the maximum size of risk on time deposits and other liabilities to individuals (K5.1) as of the end of the last operating day according to Appendix 1.
This report is submitted to the External Supervision Department of the Banking Supervision Department on paper, certified by the signature of the head of the bank".
2. Add paragraph 12.1 in the following wording:
"12.1. Banks must comply with all economic norms on a daily basis (except for the liquidity norm and the norm of the maximum size of risk on demand deposits of individuals). Liquidity norms and the maximum size of risk on demand deposits of individuals are complied with during the reporting period (one month).
Verification of compliance by banks with economic norms and requirements, which must be calculated daily/weekly, may be carried out as of any date based on the balance sheet".
3. Paragraphs 12.1, 12.2, 12.3, 12.4 and 12.5 of Section 12 are considered paragraphs
12.2, 12.3, 12.4, 12.5 and 12.6 respectively.
4. Appendix 1 is to be supplemented with subsections A, B and C of the following content:
"A. Daily report on compliance with the norm of the maximum size of risk on time deposits and other liabilities to individuals (K5.1)
| Date | K5.1 |
|---|---|
| -------------------------------------------------- | |
| NTC | |
| ------------------ | ------------- |
| 1.04.07 | |
| ------------------ | ------------- |
| 2.04.07 | |
| ------------------ | ------------- |
| 3.04.07 | |
| ------------------ | ------------- |
| 4.04.07 | |
| ------------------ | ------------- |
| ... | |
| ------------------ | ------------- |
| ... | |
| ------------------ | ------------- |
| ... | |
| ------------------ | ------------- |
| 30.04.07 |
B. Report on compliance with the norm of the maximum size of risk on demand deposits of individuals (K5.2)
| Average values for |1st week|2nd week|3rd week|4th week|5th week|
| reporting period | |||||
|---|---|---|---|---|---|
| NTC - net total capital | |||||
| of the bank | |||||
| ------------------------ | -------- | -------- | -------- | -------- | -------- |
| DDI - sum of demand | |||||
| deposits | |||||
| of individuals | |||||
| ------------------------ | -------- | -------- | -------- | -------- | -------- |
| K5.2 = NTC / DDI * 100% |
C. Report on compliance with NBKR requirements
| Designation |Actual | Established Value |
| Value | ||
|---|---|---|
| Maximum size of risk on | Not more than 50% NTC | |
| loans not secured by | ||
| collateral | ||
| ---------------------------- | ------- | ---------------------------- |
| Maximum size of risk on | Not more than 60% NTC | |
| operations with insiders and | ||
| affiliated persons | ||
| ---------------------------- | ------- | ---------------------------- |
| Maximum size of any | Not more than 60% NTC | |
| investments in each | ||
| non-banking organization | ||
| ---------------------------- | ------- | ---------------------------- |
| Maximum size of | Not more than 100% of the | |
| investments in bank | paid-up share capital of | |
| premises (fixed | the bank | |
| assets) |
".
II. Make the following amendments and additions to the [Regulation](https://cbd.minjust.gov.kg/300274) on the Periodic Regulatory Bank
Report, approved by the Resolution of the Board of the National Bank of the Kyrgyz Republic of August 25, 2005 No. 26/5 "On Certain Regulatory Legal Acts of the National Bank of the Kyrgyz Republic", registered in the Ministry of Justice of the Kyrgyz Republic on September 16, 2005, registration number 132-05:
1. Make the following changes to Appendix 1 "Composition of the Periodic Regulatory Bank
Report":
1.1. Paragraph 18 in the "Name" column is to be supplemented with sub-paragraphs 14.A, 14.B
and 14.C of the following content:
"14.A. Daily report on compliance with the norm of the maximum size of risk on time deposits and other liabilities to individuals (K5.1).
14.B. Report on compliance with the norm of the maximum size of risk on demand deposits of individuals (K5.2).
14.C. Report on compliance with NBKR requirements".
1.2. Paragraph 18 in the "Frequency" column is to be supplemented with the following words:
"14.A. Daily.
14.B. Monthly.
14.C. Monthly".
1.3. Paragraph 18 in the "Submission Deadlines" column is to be supplemented with the following words:
"14.A. By 9:00 AM as of the end of the last operating day".
2. Make the following amendments and additions to Appendix 2 "Periodic
Regulatory Bank Report":
2.1. Section 14 "Information on Compliance with Economic Norms"
is to be supplemented with subsections 14.A, 14.B and 14.C of the following content:
"14.A. Daily report on compliance with the norm of the maximum size of risk on time deposits and other liabilities to individuals (K5.1)
| Date | K5.1 |
|---|---|
| -------------------------------------------------- | |
| NTC | |
| ------------------ | ------------- |
| 1.04.07 | |
| ------------------ | ------------- |
| 2.04.07 | |
| ------------------ | ------------- |
| 3.04.07 | |
| ------------------ | ------------- |
| 4.04.07 | |
| ------------------ | ------------- |
| ... | |
| ------------------ | ------------- |
| ... | |
| ------------------ | ------------- |
| ... | |
| ------------------ | ------------- |
| 30.04.07 |
14.B. Report on compliance with the norm of the maximum size of risk on demand deposits of individuals (K5.2)
| Average values for |1st week|2nd week|3rd week|4th week|5th week|
| reporting period | |||||
|---|---|---|---|---|---|
| NTC - net total capital | |||||
| of the bank | |||||
| ------------------------ | -------- | -------- | -------- | -------- | -------- |
| DDI - sum of demand | |||||
| deposits | |||||
| of individuals | |||||
| ------------------------ | -------- | -------- | -------- | -------- | -------- |
| K5.2 = NTC / DDI * 100% |
14.C. Report on compliance with NBKR requirements
| Designation |Actual | Established Value |
| Value | ||
|---|---|---|
| Maximum size of risk on | Not more than 50% NTC | |
| loans not secured by | ||
| collateral | ||
| ---------------------------- | ------- | ---------------------------- |
| Maximum size of risk on | Not more than 60% NTC | |
| operations with insiders and | ||
| affiliated persons | ||
| ---------------------------- | ------- | ---------------------------- |
| Maximum size of any | Not more than 60% NTC | |
| investments in each | ||
| non-banking organization | ||
| ---------------------------- | ------- | ---------------------------- |
| Maximum size of | Not more than 100% of the | |
| investments in bank | paid-up share capital of | |
| premises (fixed | the bank | |
| assets) |
".
III. (Lost force in accordance with the Resolution of the Board of the NBKR of June 15, 2017 No. 2017-P-12/25-4)
IV. Make the following change to the Regulation on the Supervisory Committee of the National Bank
of the Kyrgyz Republic, approved by the Resolution of the Board of the National Bank of the Kyrgyz Republic of March 19, 2005 No. 6/2 "On Approval of the New Edition of the Regulation 'On the Supervisory Committee of the NBKR', registered with the Ministry of Justice of the Kyrgyz Republic on April 21, 2005, registration number 55-05:
1. Subparagraph a) of paragraph 2.1 of Section 2 "Powers, Rights and Duties
of the Committee" is to be worded as follows:
"a) introduction of new and/or higher economic norms".
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This document amends: Regulation on the Supervisory Committee of the National Bank of the Kyrgyz Republic, Resolution of the Board of the National Bank of the Kyrgyz Republic No. 18/1 of July 21, 2004 on Approval of the Regulation on Economic Norms and Requirements Mandatory for Commercial Banks and Financial Credit Institutions Licensed by the National Bank of the Kyrgyz Republic
Source: National Bank of the Kyrgyz Republic — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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