National Bank conducts largest intervention since beginning of year
The National Bank of Kyrgyzstan conducted its largest intervention since the beginning of the year, selling $222.55 million.
The National Bank of Kyrgyzstan conducted its largest intervention since the beginning of the year, selling $222.55 million.
Following inspections last week, the National Bank of Kyrgyzstan imposed fines on several financial market participants, suspended the license of one exchange bureau, and revoked the registration certificate of a microcredit company.
The next meeting of the National Accreditation Council was held under the chairmanship of Albert Makhmetkulov, Deputy Minister of Education of the Kyrgyz Republic.
The National Bank of the Kyrgyz Republic is maintaining constant contact with commercial banks and monitoring their compliance with sanctions requirements. National Bank Chairman Almaz Baketaev announced during a session of the Zhogorku Kenesh on June 18.
Chairman of the National Bank of the Kyrgyz Republic, Almaz Baketaev, presented the regulator’s annual report to the Zhogorku Kenesh, outlining key economic and financial indicators for the past year.
Chairman of the Cabinet of Ministers of Kyrgyzstan Adylbek Kasymaliev met with Kate Forbes, President of the International Federation of Red Cross and Red Crescent Societies (IFRC), who arrived in Kyrgyzstan on her first official visit.
The National Bank of Kyrgyzstan plans to simplify loan refinancing conditions for the country’s garment industry.
Fraudsters have begun using the logo of the National Bank of the Kyrgyz Republic in a new scheme to deceive citizens, the regulator warns.