Registration of non-bank financial institutions

Central Bank of the Republic of Kosovo, Department of Licensing and Standardization

Qëllimi: The purpose of this procedure is to establish the minimum conditions that must be met by the interested parties for registration of a Non-Bank Financial Institution. Through this procedure, the process of application evaluation is regulated which makes it possible for only those legal entities that meet the criteria set out in the applicable legislation to be allowed to enter this market.

Përshkrimi: Those interested in licensing as Non-Bank Financial Institution (NBFI) must meet all the requirements under Law no. 04/L-093 on Banks, Microfinance Institutions (MFIs) and Non-Bank Financial Institutions (NBFIs), necessary for the application process. The Central Bank of Kosovo will accept applications only if an introductory meeting is held. The application must be in writing, signed by the founder and submitted to CBK, with physical presence of the representatives of the founding shareholders. The application shall be submitted together with the full documentation required by Law No. 04/L-093 on Banks, Microfinance Institutions and Non Bank Financial Institutions, Registration Regulation, Supervision and Activity of Non-Bank Financial Institutions as well as with CBK's internal acts. The documentation provided must be in one of the two official languages of the Republic of Kosovo, either in the original or in a legalized copy.

Baza ligjore

Vlefshmeria e lejes: Registration is issued for an indefinite period of time

Organi i ankimimit: Competent court

Afati i ankimimit: 15 days

Informatat e kërkuara

  • Parent Financial Institution;
  • Applicant Company/Potential MFI or NBFI Representatives of Applicant Company/Potential MFI or NBFI;
  • Ownership of the applicants Company/Potential IMF or NBFI (only for dependent entities);
  • Organization and Control;
  • Business Objectives;
  • Risks;
  • Equity adequacy;
  • Potential added value for the Financial System in Kosovo;

Koha e parashikuar brenda së cilës duhet të jepet përgjigje për proceduren (në ditë): 90

Dokumentacioni i kërkuar

  • Application Form; (Original)
  • Business Registration Certificate; (Copy)
  • Business plan including banking activity and planned balance sheets for three years (Original)
  • Copies of the policies and procedures of the institution; (Original)
  • List of fees for the provision of scheduled services; (Original)
  • Documentation for the use of information technology operating system; (Original)
  • Statement by the Foreign Supervisor, which approves the establishment of the Institution in Kosovo, if the institution is supervised externally from Kosovo (Original)
  • Information on committed capital and authorized; (NONE)
Lloji i pagesësShuma (në Euro)Mënyra e pagesësNumri i llogarisë
Payment5,000 EUR and for currency exchange office 2,500 EURBanking transfer1000700010000130

Sharko formularët