Kyrgyzstan's National Bank Proposes New Rules for Banks, Cardholders, and Borrowers

Kyrgyzstan's National Bank is proposing changes to lending, account opening, and payment card issuance rules. Banks may soon access state information systems directly for loan applications, reducing borrower paperwork. Procedures for assessing guarantors and early loan repayment will be improved. Rules for collateral and card validity periods are also being updated.

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