In Kyrgyzstan, "Post Bank" Will Appear: The National Bank is Considering the Application

Елена Краснова Economy
VK X OK WhatsApp Telegram


The National Bank of Kyrgyzstan has begun reviewing documents related to the establishment of a new commercial institution — "Post Bank." This project will be implemented based on the infrastructure of JSC "Kyrgyz Post," which will serve as an agent for providing banking services throughout the country.

The new bank will offer basic banking services through the branches of the national postal operator. The regulator will make a decision on issuing a license only after a thorough review of the documents for compliance with capital requirements, the reputation of shareholders, and the risk management system.

It should be noted that the idea of creating "Post Bank" has been discussed at the state level since 2018. During this time, "Kyrgyz Post" has undergone significant changes: in 2022, the state enterprise was transformed into a joint-stock company with full state ownership, accounting was centralized, and a unified network of branches was created.

The emergence of a new financial institution occurs against the backdrop of the active expansion of the country's financial sector — in 2025 alone, the National Bank issued licenses for the opening of six new commercial banks. Experts believe that utilizing a wide network of post offices will significantly enhance the accessibility of banking services, especially in the remote regions of Kyrgyzstan.
VK X OK WhatsApp Telegram

Read also: