In Kyrgyzstan, it is preferred to take loans in soms rather than in dollars, - National Bank

Анна Федорова Banknotes
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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:


He also noted that the level of dollarization for both loans and deposits in Kyrgyzstan is one of the lowest in the region, allowing for a comparison with Russia and Kazakhstan.
“At the moment, there is a clear preference for savings in Kyrgyz soms. The real economy of the country more often chooses loans in soms rather than in foreign currency. This is an important indicator of the success of our monetary policy,” Kozubekov added.
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