According to the National Bank of the Kyrgyz Republic, the financial institution was fined for non-compliance with established rules for consumer loans.
Nature of the violations
According to the regulator, the commercial bank violated Kyrgyz legislation as well as National Bank regulations governing the consumer lending sector. The name of the organization against which measures were taken was not disclosed in the agency's official statement.
65 000 som fine amount
The amount of the penalty for identified violations in loan operations.
