. /.WORLD TRADE
ORGANIZATIONS/C/N/228
19 February 2003
(03-1050)
Council for Trade in Services Original:  English
NOTIFICATION PURSUANT TO ARTICLE III:3 OF THE
GENERAL AGREEMENT ON TRADE IN SERVICES
The following notification has been received from the delegation of the Kyrgyz Republic.
____________
1. Member notifying:
Kyrgyz Republic
2. Notification under:
Article III, paragraph 3 of the General Agreement on Trade in Services
3. Date of entry into force:
26 December 2001
Duration:
Indefinite
4. Agency responsible for implementati on and enforcement of the measure:
National Bank
5. Description of the measure:
Banking
Reference is made to the Kyrgyz Republic's Schedule of Specific Commitments on Service in
Sector 7.B, limitations on national treatment column, mode 3.
According to Resolution of the National Bank of the Kyrgyz Republic #48/3 of 26 December
2001 "On Minimum Capital (owners' equity) of Commercial Banks" the following was
established:
From 1 April 2002, the minimum capital (owners' equity) for commercial banks of the
Kyrgyz Republic (including saving companies and branches of foreign banks) shall be
amounted to not less than 2.5 million soms*,
                                                     
* Official exchange rate as established by the National Bank of the Kyrgyz Republic on 18 December
2002 was 1 US$ ~ 46.19 som.S/C/N/228
Page 2
Resolution of the National Bank of the Kyrgyz Republic #48/3 of 26 December 2001 "On
Minimum Capital (owners' equity) of Commercial Banks" shall not change the provisions,
stipulated by Resolution of the National Bank of the Kyrgyz Republic #61/1 of 20 September
1999 "On Minimal Capital for Commercial Banks".
6. Members specifically affected, if any:
None
7. The texts are available from:
Enquiry point
__________