New Licensing and Operational Rules for FCKS and Credit Unions Introduced in the KR
The National Bank of the Kyrgyz Republic has announced the adoption of a resolution "On Amendments to Certain Regulatory Legal Acts," which addresses issues related to the licensing and regulation of the activities of the Financial Company of Credit Unions and credit unions. This decision aims to expand the capabilities of the Financial Company of Credit Unions, allowing it to provide loans to both legal entities and individuals.
