As of now, the volume of deposits in commercial banks of the Kyrgyz Republic amounts to 880 billion soms, which corresponds to approximately 45% of the country's gross domestic product. This data was presented in the latest macroeconomic review by the Eurasian Development Bank.
Analysts from the EDB report that 64% of the entire deposit base is formed by attracting funds in soms. In terms of the structure of deposits by term, current accounts dominate, accounting for 44%, while demand deposits make up 24%, and term deposits constitute 32% of the total volume.
Experts note that the growth of the deposit base, especially in the national currency, indicates the stability of the som and the resilience of both the financial sector and the economy as a whole. Positive trends in key indicators of Kyrgyzstan's development encourage citizens to willingly invest their savings in banks for growth.
