National Bank: The banks' loan portfolio has grown to 460 billion soms, the share of deposits in national currency continues to increase

Ирина Орлонская Banknotes
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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 national currency.

The process of dedollarization continues: in 2022, the share of loans in dollars was 22%, and today it has decreased to 18%. The share of dollars in deposits over the same period fell from more than 45% to 34%.

"Of the 804 billion soms in deposits, only 34% are in dollars. This is a positive trend that indicates the growing trust of citizens in the national currency and the banking system," noted the representative of the National Bank.
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