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"How the rules for selling bank and microfinance assets on online platforms have changed."

There have been changes to the regulations governing online trading of banking and microfinance assets, as reported by Bizmedia.kz.
"How the rules for selling bank and microfinance assets on online platforms have changed."

The auction notification must now be displayed on the platform at least 10 calendar days before the start, whereas it was previously 15 days.

Additionally, a new condition has been added to the list of reasons for rejecting a registration application – If potential auction participants have affiliated connections, their applications will not be accepted.

One of the significant changes is the adjustment of the reserve price requirements. Now, the seller can set it up to 100% of the estimated market value of the item, whereas the previous limit was 50%.

If the first stage of the auction concludes without a deal, the reserve price for subsequent auctions will be lower: in the second stage, it should not exceed 70% of the market value, and with further attempts at sale, it decreases to 50%.