According to the document, the minimum charter capital will gradually increase to 5 billion soms by 2030.
Key changes:
For new banks (including branches of foreign credit organizations): the required minimum charter capital will be 5 billion soms from the moment of registration.
For existing banks (in stages):
- from July 1, 2026 — 1 billion soms
- from July 1, 2027 — 2 billion soms
- from July 1, 2028 — 3 billion soms
- from July 1, 2029 — 4 billion soms
- from July 1, 2030 — 5 billion soms
For systemically important banks: the minimum charter capital will be 8 billion soms and must be achieved by July 1, 2026. A bank that receives the status of systemically important is required to increase its capital to 8 billion soms within one year from the notification from the National Bank.
The regulatory capital must meet the established minimum charter capital requirement. For systemically important banks, this requirement must be fulfilled within three months after notification.
Who must comply and what deadlines:
Banks that received permission to establish before the adoption of the new resolution must raise their capital to the level set for existing banks (according to the schedule, starting from 1 billion soms).
New banks registered after the adoption of the resolution must immediately form a charter capital of 5 billion soms.
The purchaser of 100% of the shares of an existing bank is obliged to increase the charter capital to 5 billion soms within one year (or 8 billion if the bank is systemically important).
Currently, among the 22 commercial banks in Kyrgyzstan, only 3–4 largest institutions fully comply with the new requirements at the level of 5 billion soms. The other banks will face serious recapitalization over the next five years.
This draft resolution replaces the existing regulation from 2023, which set the minimum charter capital for new banks at 600 million soms.
