According to this resolution, claims on loans may amount to:
- up to 70% of the total collateral volume — when lending to commercial banks through standard auctions of the NBKR;
- up to 80% — for loans provided to banks for the purpose of refinancing non-bank financial institutions.
This decision has been made in accordance with Articles 5, 9, and 64 of the constitutional law "On the National Bank of the Kyrgyz Republic" and is aimed at improving the stability of the refinancing system, as well as more effective management of the collateral portfolio risks.
The resolution comes into force from the moment of its official publication. Within three working days, the National Bank informs commercial banks, microfinance organizations, and professional associations of the financial sector about the measures taken.
