Кыргыз Республикасынын Улуттук банкы

https://www.nbkr.kg/newsout.jsp?&item=31&lang=KGZ&material=132641
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2026-06-23 07:38:25 · rghosh@vixio.com
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TITLE: Kyrgyzstan's National Bank Revokes Microfinance Organization License for Regulatory Violations BODY: On June 18, 2026, the National Bank of the Kyrgyz Republic (NBKR) revoked the license of "Bai-El Credit" microfinance organization (MKO) for breaching regulatory requirements established by the NBKR's normative legal acts. The MKO, which maintained its registered office at 242 Toktogul Street in Bishkek, had held registration number 212 since May 25, 2009. The license revocation became effective on June 18, 2026, and the NBKR formally withdrew the organization's registration certificate on that date. This enforcement action reflects the NBKR's commitment to maintaining compliance within Kyrgyzstan's microfinance sector. Microfinance organizations operating in the jurisdiction must adhere to the central bank's regulatory framework, which establishes operational standards, governance requirements, and consumer protection measures. The revocation of "Bai-El Credit's" license indicates material non-compliance with these mandatory standards. Clients and stakeholders of the affected MKO should contact the NBKR's Consumer Protection Department for guidance regarding outstanding obligations and dispute resolution. The NBKR's Consumer Protection Department can be reached at +996 (312) 66-90-15, extensions 1671 or 1666. The NBKR maintains a database of unreliable counterparties, including organizations that have failed to meet their obligations, which is available for public consultation to support informed decision-making by financial service users and other market participants. REFERENCES: National Bank of the Kyrgyz Republic official website: https://www.nbkr.kg
  • Scraped:2026-06-23 07:38:25
  • Created:2026-06-23 07:38:24
  • By:rghosh@vixio.com (52)