- On December 8, 2025, the Naryn Regional Office of the National Bank officially revoked license No. 468, issued on September 30, 2004, for the credit union "Adybay-Ata". This decision was the result of a voluntary choice made by the members of the union, which took place on December 4, 2025.
- During the auction held on December 9, 2025, it was established that the weighted average yield of the 7-day notes was 5.86%. This data was published on the official website of the regulator. Auction details:
- The National Bank has presented for public discussion a draft resolution that introduces new, stricter capital requirements for commercial banks. According to the document, the minimum charter capital will gradually increase to 5 billion soms by 2030.
- On December 5, 2025, the National Bank decided to impose a fine of 21 million 600 thousand soms on one of the commercial banks. This was reported by the regulator's press service. The fine was due to serious violations of the legislation of the Kyrgyz Republic concerning the fight against the financing of terrorism and the legalization (laundering) of income, as well as non-compliance with internal control requirements.
- According to a statement from the press service, the State Service for Financial Intelligence of the Kyrgyz Republic has taken measures against two commercial banks that violated laws related to combating the financing of criminal activities and the legalization (laundering) of criminal proceeds (CFT/AML). The total amount of fines imposed was 293,000 soms.
- As reported by the National Bank, on December 3, 2025, the board made the decision to license JSC "Berekett Bank," allowing it to conduct banking operations in both national and foreign currencies. According to the Ministry of Justice of the Kyrgyz Republic, Sagyndykov Jarkynbek Jumabaevich holds the position of head of "Berekett Bank." The founders of the bank are Nurgoyoev Nurdöölöt Sadyrovich and Sultanov Marat Abdyrazakovich. The bank was registered on October 20, 2025.
- From January to October 2025, the volume of loans issued for the transport sector increased by 84% compared to the same period in 2024, according to information from the NBKR. From the beginning of the year until the end of October 2025, banks provided 10.0 billion soms in the form of loans for the transport sector, whereas in the corresponding period last year, the loan amount did not exceed 5.4 billion soms.
- There have been personnel changes in the executive body of OJSC "FinansCreditBank". As reported by the Kyrgyz Stock Exchange, Matkabylova Nurkyz Attokurovna has left her position as a member of the board.
As of October 1, 2025, the banks' loan portfolio reached 460 billion soms, which is a 35% increase since the beginning of the year. This was reported by Aida Karabaeva, the official representative of the National Bank of the Kyrgyz Republic, on the air of Radio 4 on December 4. In addition, the banks' deposit base also increased by 35%, amounting to 804 billion soms. Karabaeva emphasized that a significant part of this growth is related to the increase in loans and deposits in the
- In the third quarter of 2025, the NBKR registered 641 cases of unauthorized transactions related to cards issued by commercial banks. These data are presented in the report on banking reporting regulation (RBO) for card payment transactions.
- In the third quarter of 2025, 105 incidents related to the operation of payment systems were recorded in Kyrgyzstan. This information is presented in the analysis of reports from payment system operators operating in the country. The National Bank notes that the largest share of incidents was due to failures on the part of service providers — 44.75% of the total cases. Power supply issues accounted for 30.48%. Additionally, 14.29% of incidents were related to malfunctions of hardware-software
- In October 2025, the weighted average interest rate on foreign currency loans in commercial banks reached its lowest level in the last four years, according to information from the NBKR. Currently, the rate stands at 5.98%. The last time such a low level was observed was in December 2021, when the rate was 5.23%.
- According to data provided by the National Bank, in the third quarter of 2025, the total volume of transactions in the Gross system amounted to 13 trillion 178.05 billion soms, reflecting a decrease of 8.8% compared to the previous reporting period. The turnover ratio showed a decrease of 53.37%, while the liquidity ratio doubled.
- In October of this year, the weighted average interest rate on new consumer loans issued by commercial banks of the Kyrgyz Republic fell to its lowest level in three years, as reported by the NBKR. This rate applies exclusively to new loans issued during the month, rather than to the overall loan portfolio.
- Starting from December 1, 2025, in Kyrgyzstan, when receiving money transfers in Russian rubles, the payout points will be able to charge recipients a commission of up to 1.5% of the transfer amount. This information was published on the website of the international payment system AstraSend (Russia). In the official statement from the company, it is noted:
- Today, December 2, 2025, auctions will be held for the placement of National Bank notes with maturities of 7 and 182 days. The total amount allocated for the two issuances is 21 billion soms (in equivalent of the specified data).
- As part of the project "Preferential Financing-3 for the Gasification of the City of Bishkek and Chui Region," which was approved by the Cabinet of Ministers' decree on April 28, 2025, No. 349-r, 14.38 million soms were allocated in the form of preferential loans for 115 borrowers across the country as of November 13, 2025. Main parameters of the project:
- The National Bank of the Kyrgyz Republic is proposing for discussion a draft of amendments to regulatory acts concerning the licensing and regulation of the activities of the JSC "Financial Company of Credit Unions" and credit unions. The purpose of this document is to expand the capabilities of the FCCU and revise the minimum requirements for the executive officers of credit unions, including the following key changes:
- According to data from the National Bank of the Kyrgyz Republic, on November 28, 2025, the price of one gram of gold bullion was as follows: Purchase: 13,045.50 soms Sale: 13,111.00 soms Over the past week, there has been a steady increase in gold prices:
- At a press conference, the Deputy Chairman of the National Bank, Azat Kozubekov, reported that in 2020 this figure was just under 181 billion soms, and by the end of October 2025, it is expected to exceed 800 billion soms. “This is approximately 1 billion dollars in equivalent. All measures taken, including the guaranteed portion of deposits and monetary policy, have allowed commercial banks to keep deposit rates above the inflation level. Moderate inflation and the preservation of the
The Deputy Chairman of the National Bank, Azat Kozubekov, shared statistics on money transfers in Kyrgyzstan during a press conference for the period from January to September 2025. According to him, the total volume of transfers received from individuals reached 2 billion dollars, which is 21.7% higher than in the same period of 2024. In addition, the volume of outgoing money transfers increased by 16.14%, amounting to 2.66 billion dollars. The largest share of incoming transfers—92.9%—comes
The Deputy Chairman of the National Bank, Azat Kozubekov, emphasized during a press conference held on November 25 that in 2022, amid an external economic and geopolitical crisis, the interest rate was raised to 14%, and this level was maintained for almost the entire year. Kozubekov noted that this decision turned out to be quite successful, as it allowed Kyrgyzstan to maintain one of the most stable som exchange rates in the region, as well as to support a sufficient volume of international
- According to the information from the Deputy Chairman of the National Bank, Azat Kozubekov, by the end of September 2025, the weighted average rate on the active loan portfolio of banks was slightly below 16.5%, while loans issued in September had a rate just above 18%. In Kozubekov's opinion, such rate values are considered quite moderate.
- During a press conference on November 25, 2025, the Deputy Chairman of the National Bank, Azat Kozubekov, commented on the current state of the money supply in soms and its impact on the interest rate. Kozubekov emphasized that the money supply is a key factor determining the level of inflation. The National Bank has a wide range of tools to regulate this supply, including overnight deposits and various operations.
The Deputy Chairman of the National Bank, Azat Kozubekov, at a press conference held on November 25, 2025, conducted an analysis of the National Bank of Kyrgyzstan's interest rate, which stands at 11%. He compared this rate with the indicators of neighboring countries such as Russia, Kazakhstan, and Uzbekistan. Kozubekov emphasized that the rates in these countries remain significantly higher than in Kyrgyzstan. In particular, he provided the following data: Russia — 16.5%; Kazakhstan —
- At the auctions held on November 25, 2025, the weighted average yield on 7-day and 91-day notes was 3.50% and 4.25%, respectively. This data was published on the official website of the regulator. Auction Data:
At first glance, it may seem that the corruption scandal in Ukraine and the sanctions against "Keremet Bank" in Kyrgyzstan have nothing in common. Ukraine is at the center of a military conflict and is experiencing political tension, while Kyrgyzstan is a small country in Central Asia trying to maintain a balance between Russia, China, and the West.
- Deputy Chairman of the National Bank Azat Kozubekov stated on November 25, 2025, that the monetary conditions are aimed at bringing inflation back to the medium-term target level of 5-7% during a press conference at the National Bank. He noted that the interbank benchmark interest rate BIR is at a level close to the lower boundary of the National Bank's interest rate corridor, indicating a high level of liquidity in the banking system.
- The banking sector maintains its stability and demonstrates a high level of liquidity. This was reported on November 25, 2025, by the Deputy Chairman of the National Bank, Azat Kozubekov, at a press conference held at the National Bank building. According to data at the end of the third quarter of 2025, the volume of the banks' loan portfolio increased by 35.2%, while the deposit base grew by 35.7%.
- This message was announced by the Deputy Chairman of the National Bank, Azat Kozubekov, during a press conference held at the institution. The new rate will come into effect on November 25, 2025.
- From November 22 to December 6, 2025, inclusive, the action of license No. 6524, issued on May 4, 2023, for the exchange office of LLC "Dimayk," located at: Bishkek, Ibraimova St., 115/2, TC "Dordoy-Plaza 2," is temporarily suspended. The reason is a violation of the norms of the legislation of the Kyrgyz Republic and the instructions of the National Bank.
According to the National Bank of the Kyrgyz Republic, as of the end of September 2025, the total volume of the banks' deposit base amounted to 804.1 billion soms. This clearly demonstrates growth since the beginning of the year, when this figure was at 611.3 billion soms, which is equivalent to an increase of more than 21%. Depositors actively increased their investments both in the national currency and in foreign currencies. The volume of deposits in soms reached 522.4 billion soms,
- As of September 30 of this year, the total volume of deposits from clients in the banking sector amounted to 804.1 billion soms (as of the end of 2024 — 592.4 billion; an increase of 35.7%). This data was published by the National Bank. Analysis of the structure and dynamics shows the following:
compared to the end of 2024, having increased by 7.5 billion soms. This data was published by the National Bank. The structure of the Islamic financing portfolio is as follows:
- The total credit portfolio as of September 30 amounted to 460.6 billion soms, which is 35.2% higher compared to 340.7 billion soms at the end of 2024. This data was provided by the National Bank. Analysis of the structure and dynamics by main categories:
- From January to June 2025, the government allocated 98.8 billion soms for loans, with 34.5 billion of this amount going to women entrepreneurs, according to information from the National Statistical Committee. Analysis of previous years also shows a steady growth in the volume of government support:
- Starting from November 1, a self-restriction mechanism for obtaining loans has been implemented in Kyrgyzstan, providing citizens the opportunity to protect themselves from financial fraud. This service is available through the "Tündük" application. When the restriction is activated, if a user attempts to apply for a loan at a bank or online service, the system checks their data with credit bureaus and automatically blocks the issuance of the loan.
As of the end of the third quarter of 2025, data on the banking sector of Kyrgyzstan shows an impressive growth in the total volume of the deposit portfolio of commercial banks. Over the year, it increased by more than 50% and exceeded 800 billion soms. Leading banks in the country
- The National Bank of Kyrgyzstan is initiating a public discussion on a draft resolution that includes changes to regulatory acts concerning: the rules for regulating microfinance organizations, including those operating based on Islamic financial principles; the forms of periodic reporting for microfinance organizations (MFOs); the rules regarding the activities of guarantee funds. Key changes:
- As of September 30, 2025, the banking system of the country recorded a net profit of 23 billion 146.8 million soms. This data was provided by the National Bank. Comparison with the figures from August shows that the net profit increased by 14%.
- As of September 30, 2025, the total assets of the banking sector increased by 38%, reaching 1 trillion 125.8 billion soms, according to the National Bank. At the end of 2024, the assets amounted to 815.6 billion soms.
- In September 2025, more than half of the volume of bank loans in Kyrgyzstan was issued for a term exceeding 3 years, according to data from the National Bank of the Kyrgyz Republic. The share of loans with terms exceeding 3 years reached 52.5% of the total lending volume, while last year this figure was less than 30%.
According to information provided by the NBKR, in September 2025, the volume of consumer loans issued by commercial banks reached a record 22.3 billion soms. This figure became a new historical maximum, surpassing the previous record set in April when the amount was 21 billion soms. For the first nine months of the current year, the total volume of issued consumer loans amounts to 170.7 billion soms, reflecting an impressive growth of 91.1% compared to the same period last year.
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The National Bank of Kyrgyzstan, at its meeting on October 31, decided to approve the Regulation concerning the minimum requirements for fraud prevention systems in payment organizations and payment system operators. This document defines key processes and control mechanisms aimed at preventing fraudulent activities in the payment sector. The new rules will come into effect 15 days after their official publication, except for certain provisions that will take effect on March 1, 2026. The Legal
From November 3 to 7, 2025, the Financial Supervision Authority registered the following issues of securities: The fourth issue of ordinary registered shares was registered for OJSC "Kyrgyz Agroholding"; The twelfth issue of ordinary registered shares was registered for OJSC "National Electric Network of Kyrgyzstan"; JSC "Central Depository" successfully registered the tenth issue of ordinary registered shares; LLC "Alpha Oil" registered a report on the
- In the first ten months of 2025, the investment portfolio of the Deposit Protection Agency increased by 1.7267 billion soms, which corresponds to a growth of 25.3%, reaching 8.544 billion soms, according to information provided by the agency's press service. Investment activities were conducted in accordance with the established Investment Policy, taking into account all limits and coefficients.
- In an effort to strengthen the fight against fraudulent activities in the payment system, the National Bank issued a decree that was approved on October 31, 2025. This document establishes minimum requirements for anti-fraud systems for payment organizations and payment system operators of the Kyrgyz Republic, as reported by the regulator. The basis for the development of the document were Articles 5, 9, and 64 of the Constitutional Law "On the National Bank," as well as Article 26
