• Механизм «самозапрета на кредит» впервые запущен в КР

The program for target financing of business

kartinkaCJSC “Kyrgyz Investment and Credit Bank” became the participant of the program for target financing of business from the Russian-Kyrgyz Fund of Development.

On February 5, 2016 the agreement between CJSC “Kyrgyz Investment and Credit Bank ” and Russian-Kyrgyz Fund of Development on granting to KICB the credit line in the amount KGS 350 million on financing of investment projects in business was signed. The credits will be issued in the national currency by preferential rate 12% per annum for term from 3-60 months.

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– The National Bank approved the Provisional Regulation “On the procedure of swap operations”

On February 8, 2016, the Board of the National Bank approved the Provisional Regulation “On the procedure of swap operations (non-deliverable) between the National Bank of the Kyrgyz Republic and commercial banks” and the Provisional Regulation “On credit granting by the National Bank of the Kyrgyz Republic to commercial banks in case of conversion of credits in the foreign currency into the national one”. These regulatory acts are aimed at practical implementation of the resolution of the Government of the Kyrgyz Republic as of February 1, 2016 No. 33-р on conversion of credits to individuals for housing purchase, denominated in the foreign currency into the national one.

The President of the Union of Banks of Kyrgyzstan, Anvar Abdraev, met the leaders of the Association of Japanese bankers in Tokyo

20160205042203Within the program Japan International Cooperation Agency (JICA), “Strengthening business associations”, President of the Association of the Union of Banks of Kyrgyzstan, Mr. Anvar Abdraev, met the leaders of the Association of Japanese banks led by, Director of the Association Mr. Hideharu Iwamoto.

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Money transfers system “Bizdin Companion” – has passed the registration procedure in the National Bank

The JSC Bank Companion the operator of the money transfers system Bizdin Companion has passed the registration procedure in the National Bank of the Kyrgyz Republic. 

In compliance with the Rules of making Money Transfers in the Kyrgyz Republic (the NBKR Board Resolution No. 59/6 dated 09.30.2015), the JSC Bank Companion the operator of the money transfers system Bizdin Companion was registered in the register of Operators rendering Services via Money Transfer Systems in the Kyrgyz Republic under the registration number 1038210116 on January 21, 2016. 

Official Statement of the National Bank of the Kyrgyz Republic, January 13, 2016

1017674496Due to the information appeared in certain mass media about imposing of restrictions on foreign-currency sale by commercial banks and exchange offices, the National Bank of the Kyrgyz Republic reports the following.  

1. The National Bank did not impose any restrictions on exchange operations for commercial banks and exchange offices. There is currently adequate volume of currency assets in the banking system of the country: the balance of US dollars in commercial banks amounts to USD 408.7 million as of January 11, 2016, US dollars 51.5 million of which are cash and US dollars 357.2 million non-cash.  

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