The National Bank of the Kyrgyz Republic has opened a consultation on amendments to minimum charter capital and regulatory capital requirements for commercial banks. The proposal addresses risks arising from Kyrgyz banks’ operations through branches in foreign countries and implements a presidential decree aimed at creating the legal conditions for such activity. The draft continues the National Bank’s broader work on the prudential framework for Kyrgyz banks operating abroad, following consultations on foreign branch regulation and internal capital adequacy assessment procedures.
National Bank of the Kyrgyz Republic consults on minimum capital rules for banks with foreign branches
The National Bank of the Kyrgyz Republic is consulting on changes to minimum charter and regulatory capital requirements for commercial banks with foreign branches. The proposal seeks to mitigate risks from overseas branch activity and implement the legal framework established by a presidential decree.