Assembly of Kyrgyzstan - Law on Banks and Banking in Kyrgyzstan, as Amended up to May 26, 2009


The Assembly of Kyrgyzstan's "Law on Banks and Banking in Kyrgyzstan" provides for the regulation of banks and banking activities in the country. The law puts forth measures for the formation of a bank and its management, activities and operations. The law regulates the activities of banks for the purposes of maintaining a stable financial system, supporting the reputation of banks, and protecting the interests of creditors and depositors, as well as observing the banking legislation of the country. The law is divided into a several chapters, and covers the following topics:

1. Formation of Banks in Kyrgyzstan
2. Bank Management  
3. Implementation of Banking  
4. Consolidated Supervision of Groups of Banks  
5. Relationships of a Bank with Clients  
6. Accounting and Reporting in Banks

Document Details

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Tuesday, May 26, 2009
Document Authors: 
Assembly of Kyrgyzstan
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