Kapital.kz: The operating mode of banks and MFIs in Nur-Sultan and Almaty

The National Bank and the Agency for Regulation and Development of the Financial Market published a joint order on the operating mode of financial organizations

From May 18 to May 24, 2020, a new work schedule for financial organizations was established in the cities of Nur-Sultan and Almaty, the correspondent of the business information center Kapital.kz reports.

From 9 hours 00 minutes to 18 hours 00 minutes the following will work:

1) second-tier banks;

2) organizations engaged in certain types of banking operations (with the exception of legal entities operating exclusively through exchange offices on the basis of a license of the National Bank of the Republic of Kazakhstan for exchange operations with cash foreign currency);

3) insurance (reinsurance) companies;

4) insurance brokers;

5) organizations engaged in brokerage in the securities market;

6) microfinance organizations, credit partnerships;

7) payment organizations.

Heads of organizations will independently determine the branches and departments for service.

The number of personnel of the entities specified in the appendix to this joint order (taking into account their branches and departments) located at workplaces should not exceed 50% (fifty percent) of the total staffing.

The Kazakhstan Stock Exchange will be open for trading from 9 hours 00 minutes to 15 hours 00 minutes, for settlements - from 9 hours 00 minutes to 17 hours 00 minutes, the Central Securities Depository will also be open from 9 hours 00 minutes to 17 hours 00 minutes.

From May 18 to May 24, 2020, the work schedule of exchangers and pawnshops was established throughout Kazakhstan - from 9 hours 00 minutes to 17 hours 00 minutes.

“To the heads of the entities referred to in the first part of this paragraph, ensure compliance with sanitary protection measures (the presence of medical masks, gloves, sanitizers, room disinfection, etc.),” the text of the joint order says.

Source: https://kapital.kz/finance/87214/ustanovlen-rezhim-raboty-bankov-i-mfo-v-nur-sultane-i-almaty.html


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