News about Kyrgyzstan, tourism, attractions, Kyrgyz cuisine, history, traditions, and customs
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The NBKR Tightens Accounting for QR Payments: System Participants Will Report Monthly According to Established Codes

- On October 29, 2025, the Board of the National Bank of Kyrgyzstan issued resolution No. 2025-П-14/57-2-(ПС), which updates the rules for conducting payments and transfers using QR codes, aimed at promoting cashless transactions. According to the specified document, participants in payment systems are now required to submit electronic reports to the NBKR no later than the 5th of the month following the reporting period:

13.11.2025, 08:00
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Bank Profit Ranking: Who Earned the Most?

- As a result of the analysis of the third quarter results of 2025, "Aiyl Bank," "Mbank," and "Eldik Bank" became the leaders in profitability in the banking sector of Kyrgyzstan. In total, the ranking includes 21 banks operating in the country's financial market as of the end of the III quarter of 2025.

10.11.2025, 16:31
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The average consumer loan rate in Kyrgyzstan for 8 months was 21.5%, - EDB

In Kyrgyzstan, there is a continuing increase in the volume of lending by commercial banks, according to information provided by the Eurasian Development Bank (EADB) in November 2025. From January to September 2025, lending increased by 43% year-on-year, exceeding the 35% growth in the same period last year. The greatest impact on this trend came from consumer loans, which contributed 30.7 percentage points. In January-August, the average interest rate on consumer loans was 21.5%, which is 2

10.11.2025, 13:53
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Adylbek Kasymaliev participated in a scientific and practical conference dedicated to the 80th anniversary of the birth of Kemelbek Nanaev.

- The scientific-practical conference "Financial Independence and Economic Security of the Kyrgyz Republic: Lessons from K.K. Nanaev," dedicated to the 80th anniversary of Kemelbek Nanaev, the first chairman of the National Bank, attracted the attention of many, including Adylbek Kasymaliev, the chairman of the Cabinet of Ministers and head of the president's administration. In his speech, Kasymaliev noted that Kemelbek Nanaev's contribution was key to forming the financial

07.11.2025, 15:12
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Most cases of fraud in Kyrgyzstan occur due to the gullibility of citizens, - Union of Banks

- On the air, Rustam Sarybaev, head of the Academy of Sustainable Development at the Union of Banks, discussed common methods of fraud and recommendations for preventing them. According to the expert, the main schemes of fraud today include phishing (both SMS and internet scams), social engineering, and manipulation through phone calls. The increase in cashless payments and online transactions in the country contributes to the rise of such crimes.

07.11.2025, 14:51
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The National Bank Warned About Widespread Financial Fraud Schemes

- In a live broadcast, Anara Sabyrbek kyzy, the chief specialist of the financial literacy group at the National Bank, shared information about the most common schemes of financial fraud that citizens face. She noted that fraudsters typically do not resort to physical violence but act through psychological manipulation and technical tricks. Among the most frequently encountered schemes, she highlighted:

06.11.2025, 16:06
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The National Bank has changed the rules for regulating microfinance organizations

The changes made affect subparagraph 2 of paragraph 7.8.2, which pertains to the regulation of microcredit companies and microcredit agencies. According to the new provisions, microloans and leasing exceeding the established maximum amount may be granted to a single borrower or a group of related parties in an amount not exceeding 2% of the capital of the microcredit agency (MCA). This is possible in the following cases:

04.11.2025, 10:55
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Sadyr Japarov explained his son's involvement in the new "Berekett Bank"

- The head of state, Sadyr Japarov, gave an interview to the "Kabar" agency, in which he explained that the new "Berekett Bank" was founded by his younger son Nurdöölöt Nurgözhoev and former speaker of the Jogorku Kenesh Marat Sultanov. According to Japarov, the bank will be completely private and will have no relation to state structures, expecting multi-billion dollar investments thanks to cooperation with Changpeng Zhao, the founder of Binance.

02.11.2025, 12:14
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Almost 264 billion soms in Kyrgyzstan are outside the banking system

As of October 1, 2025, the total amount of money in circulation reached 290 billion 191.1 million soms, according to data provided by the National Bank. Of this amount, 26 billion 648.6 million soms are held in the cash reserves of commercial banks, while the remaining 263 billion 542.5 million soms are located outside the banking system.

01.11.2025, 15:49
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The self-ban on credit can only be lifted after 12 hours, - Minister Zhamangulov

- The self-ban on credit can only be lifted after 12 hours. This statement was made by the Minister of Digital Development and Innovative Technologies of Kyrgyzstan, Azamat Jamangulov, during a press conference held at the National Bank of the Kyrgyz Republic. According to him, this 12-hour time frame serves as a kind of "cooling-off period," which is also aimed at protecting against fraudulent actions.

30.10.2025, 15:18
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Commercial banks have responded positively to the introduction of a self-imposed credit ban for citizens, - Deputy Chairman of the NBKR Aliyev

On October 30, in Bishkek, during a press conference, Deputy Chairman of the Board of the NBKR Bektur Aliyev announced the support of commercial banks for the introduction of a self-ban mechanism on obtaining loans for citizens. According to Aliyev, this step is aimed at providing additional protection against risks, including financial ones, that may arise as a result of fraudulent actions. He noted that in the past there have been cases where loans were issued to individuals who were unable

30.10.2025, 15:02
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Starting November 1, citizens will be able to impose a self-ban on credit.

Starting from November 1, 2025, citizens will be able to use the self-restriction function on obtaining loans. This was announced at a press conference on October 30 by the Deputy Chairman of the National Bank of the Kyrgyz Republic, Bektur Aliev. The activation of this self-restriction will be carried out through the Tunduk application, and its removal will only be possible 12 hours after activation.

30.10.2025, 14:17
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Inflation dynamics in Kyrgyzstan will depend on external factors, - National Bank

At a press conference on October 29, Deputy Chairman of the National Bank Azat Kozubekov stated that in the coming months, inflation in Kyrgyzstan will be influenced by external factors. Kozubekov emphasized that the current state of the global economy remains uncertain, especially considering fluctuations in energy resource prices, including fuels and lubricants, as well as food prices.

30.10.2025, 07:40
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The National Bank is considering simplifying the sales procedure, - Deputy Head of the NBKR Kozubekov

- During a press conference held on October 29, 2025, in Bishkek, the Deputy Chairman of the National Bank, Azat Kozubekov, announced that the possibility of simplifying the sales process is being considered. He noted that, despite this, when carrying out financial operations, the central bank must adhere to mandatory requirements in the area of AML/CFT. (anti-money laundering and counter-terrorism financing, as well as the conduct of operations that have signs of suspicious activities -

29.10.2025, 13:05
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In Kyrgyzstan, bank lending has increased by more than a third, - National Bank

- As of the end of August 2025, the volume of bank lending in Kyrgyzstan exceeded 447 billion soms, which represents an increase of more than 30%. This information was announced on October 29, 2025, by the Deputy Chairman of the National Bank, Azat Kozubekov, at a press conference in Bishkek. Kozubekov also noted that the deposit base of banks increased by more than 25% during the same period, reaching 741 billion soms.

29.10.2025, 12:26
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The National Bank will start issuing banknotes in denominations of 20 and 50 soms in November.

- During his visit to the numismatic museum of the new administrative building of the National Bank of the Kyrgyz Republic, President Sadyr Japarov was informed that the issuance of new banknotes in denominations of 20 and 50 soms will begin on November 17. In addition, the National Bank plans to introduce banknotes in denominations ranging from 100 to 5000 soms in the first half of 2026. The President participated in the ceremonial opening of the new building of the National Bank in Bishkek,

28.10.2025, 19:48
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The cost of construction and the location of the new NBKR building's storage facilities are not disclosed, - Deputy Chairman Attokurov

On October 28, the solemn opening of the new building of the National Bank of the Kyrgyz Republic took place in Bishkek, attended by President Sadyr Japarov. Now the National Bank is located at: Kalyk Akiev Street, 89. The construction of the building took two years, and its area is 22,240 square meters. The complex consists of ten different blocks and is designed to accommodate 300 employees.

28.10.2025, 17:05
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The President visited the numismatic museum in the new building of the National Bank

- During the event, the president symbolically cut the ribbon, after which he familiarized himself with the new infrastructure of the administrative building. The head of state explored various rooms, including offices, an assembly hall, a museum, and other service areas. It is worth noting that the construction of this facility had been halted for nearly 30 years. However, the work on the new building of the National Bank was resumed after President Japarov visited it in 2023.

28.10.2025, 14:52
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The National Bank raised the discount rate to 10%

- On October 27, 2025, the Board of the National Bank decided to increase the discount rate (key rate) by 75 basis points, raising it to 10%. This change will take effect on October 28, 2025. The previous rate was 9.25%.

28.10.2025, 10:21
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Kyrgyzstan is preparing to launch a pilot project for a national blockchain platform, - Head of the Secretariat for the Development of the Virtual Assets Sector

- The Kyrgyz Republic is preparing to launch a pilot project for the creation of a national blockchain platform, which will last for 9 months. This was announced on October 24, 2025, in an interview with journalists by Farhat Iminov, head of the Secretariat for the Development of Virtual Assets and Blockchain Technologies under the President of the Kyrgyz Republic, during a meeting of the National Council for the Development of this sector. According to Iminov, the necessary blockchain

25.10.2025, 13:48
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The Bank of Russia has lowered the key rate to 16.5% per annum

At the meeting held on October 24, 2025, the Board of Directors of the Bank of Russia made the decision to lower the key interest rate, marking the fourth consecutive reduction. The rate now stands at 16.5% per annum, which is 0.5 percentage points lower than the previous level. The key interest rate is the minimum percentage at which the Central Bank provides loans to commercial banks and accepts their funds on deposits. Increasing this rate helps combat inflation: more expensive loans lead

24.10.2025, 16:56
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Amendments Made to the Action Plan for the Implementation of the State Program to Increase the Share of Cashless Payments

- Adjustments have been made to the Action Plan aimed at implementing the State Program for increasing the share of cashless payments in the Kyrgyz Republic for the period from 2023 to 2027. As stated in the resolution signed by the Cabinet of Ministers on October 10, the changes concern the introduction of escrow accounts for real estate transactions and shared construction, the development of infrastructure for cashless payments in trade and services, as well as enhancing the interoperability

24.10.2025, 12:48
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A Green Financing Fund Established with a Charter Capital of 100,000 Som

- Resolution No. 657, adopted by the Cabinet of Ministers on October 10, 2025, became the basis for the establishment of the Open Joint Stock Company "Green Financing Fund of the Kyrgyz Republic." The Ministry of Economy and Commerce of the Kyrgyz Republic acts as the founder and sole shareholder of the new Fund. It has been tasked with:

24.10.2025, 12:36