The National Bank of the Kyrgyz Republic imposed fines totaling KGS 370,000 on six commercial banks for breaches of national legislation and central bank regulations on consumer lending and usury, with four banks fined KGS 65,000 each and two fined KGS 55,000 each.
National Bank of the Kyrgyz Republic fines six commercial banks KGS 370,000 for consumer lending and usury violations
The National Bank of the Kyrgyz Republic fined six commercial banks a combined KGS 370,000 for violating consumer lending and usury requirements, imposing KGS 65,000 each on four banks and KGS 55,000 each on two.