Resolution of the Board of the National Bank of the Kyrgyz Republic No. 2025-P-15/38-1(NPA) of July 30, 2025 on Amendments to the Resolution of the Board of the National Bank of the Kyrgyz Republic No. 2017-P-15/54-4(NPA) on Approval of Minimum Requirements for Forming a Credit Portfolio Accepted as Collateral

RESOLUTION OF THE BOARD OF THE NATIONAL BANK OF THE KYRGYZ REPUBLIC

of July 30, 2025 No. 2025-P-15/38-1-(NPA)

On Amendments to the Resolution of the Board of the National Bank of the Kyrgyz Republic "On Approval of Minimum Requirements for Forming a Credit Portfolio Accepted as Collateral" of December 27, 2017 No. 2017-P-15/54-4-(NPA)

In accordance with Articles 5, 9 and 64 of the Constitutional Law of the Kyrgyz Republic "On the National Bank of the Kyrgyz Republic", the Board of the National Bank of the Kyrgyz Republic resolves:

1. Make the following changes to the Resolution of the Board of the National Bank of the Kyrgyz Republic "On Approval of Minimum Requirements for Forming a Credit Portfolio Accepted as Collateral" of December 27, 2017 No. 2017-P-15/54-4-(NPA):

in the Minimum Requirements for Forming a Credit Portfolio Accepted as Collateral, approved by the aforementioned resolution:

• supplement paragraph 4 with eighth and ninth paragraphs of the following content:

"- financing of "green" projects;

• financing of women's entrepreneurship.";

• in sub-item 1 of paragraph 5, exclude the words "procurement acts,";

• restate paragraph 8 as follows:

"8. Requirements for the maximum volume of collateral in the form of rights to claims under loans are established by the Board of the National Bank upon the recommendation of the Monetary and Credit Regulation Committee or the Supervision Committee in accordance with the regulatory legal acts of the National Bank and are established as a percentage of the total volume of collateral.";

• supplement paragraph 15 with sub-item 3-1 of the following content:

"3-1) securities of international financial organizations issued and placed on the territory of the Kyrgyz Republic in the presence of the issuer of a long-term sovereign credit rating not lower than the highest (AAA) and the next highest (AA+), which is assigned by rating agencies Moody's Investors Service (USA), Standard & Poors (USA), Fitch IBCA (Great Britain);".

2. To the Legal Department:

• from the date of receipt of the corresponding documents, publish this resolution on the official website of the National Bank of the Kyrgyz Republic within 3 (three) working days;

• after official publication, send this resolution to the Ministry of Justice of the Kyrgyz Republic for inclusion in the State Register of Regulatory Legal Acts of the Kyrgyz Republic.

3. This resolution enters into force after the expiration of fifteen days from the date of official publication.

4. The "Secretariat of the Board" Department, within 3 (three) working days from the date of adoption of this resolution, bring it to the attention of the corresponding structural subdivisions, regional departments, and the Representation of the National Bank of the Kyrgyz Republic in the Batken Region.

5. The Accounting and Reporting Department bring this resolution to the attention of commercial banks of the Kyrgyz Republic, non-bank financial credit organizations attracting deposits.

6. Control over the implementation of this resolution is entrusted to the member of the Board of the National Bank of the Kyrgyz Republic, overseeing the Accounting and Reporting Department.

Acting Chairman		M. Attokurov