Sadyr Japarov opened a new building of the National Bank in Bishkek
In his speech at the ceremony, the president noted that the opening of the new building marks the beginning of a new chapter in the financial history of Kyrgyzstan. He emphasized the importance of the National Bank as a symbol of statehood, which played a key role in forming the monetary and credit system after gaining sovereignty in 1991.
Sadyr Japarov pointed out that May 10, 1993, was a landmark moment: it was on this day that the national currency, the som, was introduced, marking the beginning of the country's economic sovereignty. "The stability of the som is the main task for the National Bank, and the trust of citizens in it is the most important indicator of the state's stability," he said.
The president also noted that the National Bank has managed to overcome many challenges throughout its history, including inflation, financial crises, and the pandemic, and now the som is recognized as one of the most stable currencies in Central Asia. This is the result of the work of professionals and veterans who have dedicated their lives to the development of the country's financial system.
Sadyr Japarov emphasized that in a rapidly changing technological world, the banking sector needs innovation. He urged the National Bank to intensify its efforts in the field of digitalization and the implementation of new financial technologies, such as online payments and cryptocurrencies. An important step in this direction is the "Digital Som" project.
Additionally, the president announced the creation of a new modern gold storage facility that meets international standards and can accommodate up to a thousand tons of gold. This will allow the country to securely store its reserves and provide services to foreign partners.
The head of state added that it is important to maintain a balance between international standards and national interests. "The strength of the state is determined not only by material resources but also by the trust of the people and the ability to ensure a decent life," he noted.
Sadyr Japarov expressed gratitude to the bank employees for their dedication and significant contribution to the development of the country. He concluded his speech with a wish that the new building would serve as a solid foundation for the future economy and a symbol of the stability of the national currency.
Read also:
Today, the som is one of the most stable currencies in the CA – Sadyr Japarov
At the opening ceremony of the new building of the National Bank in Bishkek, the President of...
Sadyr Japarov: The new National Bank storage facility can hold up to 1000 tons of gold
On October 28, President Sadyr Japarov inaugurated the new building of the National Bank of the...
Sadyr Japarov opened a new building of the National Bank with an area of 22,000 sq m
- Sadyr Japarov opened the new building of the National Bank of the Kyrgyz Republic on October 28....
The new National Bank building has a seismic resistance level of up to 12 points, - Deputy Head Attokurov
On October 28, a ceremonial opening of the new building of the National Bank of the Kyrgyz Republic...
The President supported the increase in salaries for National Bank employees
At the opening ceremony of the new building of the National Bank in Bishkek, the President of...
A new building of the National Bank opened in Bishkek
Today, October 28, a ceremony was held in Bishkek to inaugurate the new building of the National...
Today, the som is one of the most stable currencies in Central Asia – Sadyr Japarov
During the opening of the new building of the National Bank in Bishkek, the President of...
Kyrgyzstan will be able to store up to 1000 tons of gold in the new National Bank storage facility
The grand opening of the new building of the National Bank took place in Bishkek, attended by...
Kyrgyzstan ranks 19th in the global cryptocurrency adoption index - Sadyr Japarov
On October 24, a meeting of the National Council for the Development of Virtual Assets and...
President Sadyr Japarov opened the training center of the State Committee for National Security in Jalal-Abad Region
The President of Kyrgyzstan, Sadyr Japarov, visited the Jalal-Abad region on October 27, where a...
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...
Financial Record: The Central Bank Accumulates $7.5 Billion in Reserves
The official opening of the new building of the National Bank of the Kyrgyz Republic took place in...
The President instructed to launch the KGST stablecoin and begin testing the digital som.
A meeting of the National Council for the Development of Virtual Assets and Blockchain Technologies...
In the National Bank of Kyrgyzstan's storage, there are over 55 tons of gold
During the opening ceremony of the new building of the National Bank of the Kyrgyz Republic, the...
A New Training Center for the "Alpha" Special Forces Unit Opened in the Jalal-Abad Region
On October 27, President Sadyr Japarov opened a new training center for the special unit...
In Bishkek, the development of virtual assets is being discussed with the participation of Sadyr Japarov.
Today, October 24, in Bishkek at the "Yntymak Ordo" venue, a meeting of the National...
Sadyr Japarov urges not to complain about power outages: Endure for another 2.5 years
Addressing the people on October 27 during his working trip to the Jalal-Abad region, Zaparov...
President Sadyr Japarov inaugurated the "Kara-Kul" Hydroelectric Power Station worth $25 million
The hydroelectric power station is located in the lower reaches of the Kara-Suu River, where it...
Sadyr Japarov called to dedicate 23 minutes on October 23 in honor of the snow leopard
In his address dedicated to the International Snow Leopard Day, President Sadyr Japarov noted that...
The new building of the National Bank of Kyrgyzstan was opened in Bishkek
The grand opening of the new building of the National Bank of the Kyrgyz Republic took place in...
A national stablecoin has been launched in Kyrgyzstan, and Binance is available in Kyrgyz language
The national stablecoin has been officially launched in Kyrgyzstan. This news was announced by...
Sadyr Japarov launched the "Kara-Kul" Hydroelectric Power Station
According to information from the president's press service, the hydropower plant was built...
Electricity Shortage in Winter: President Urges Citizens to Endure for Another 2.5 Years
“God willing, in 2.5 years we will no longer import electricity in winter” At the official launch...
Chanpen Zhao announced the launch of a national stablecoin and digital som in Kyrgyzstan
Changpeng Zhao, the founder and former CEO of the cryptocurrency exchange Binance, shared...
President: Kyrgyzstan ranks 19th in the global cryptocurrency adoption index and leads in Central Asia
“Investment in knowledge and training of personnel for work in new conditions is necessary”...
In Kyrgyzstan, it is planned to allow banks to work with virtual assets in a pilot mode.
At the moment, there is no legal framework in Kyrgyzstan that allows banks to effectively work with...
Find the teachers, it's your job. Sadyr Japarov reprimanded the mayor of Kara-Kul.
During his visit to the Jalal-Abad region, President Sadyr Japarov participated in the opening of...
The holiday initiated by Kyrgyzstan is celebrated at the UN for the first time
Today, October 23, the International Snow Leopard Day is celebrated for the first time on a global...
Tashiev: Power Outages Must Not Be Allowed in Winter
The Deputy Prime Minister of the Kyrgyz Republic and head of the State National Security...
S. Japarov Invites Investors to Kyrgyzstan
S. Japarov invited the Japanese company Japan DX to invest in Kyrgyzstan The President of the...
The National Bank of Kyrgyzstan has raised the discount rate to 10%
On October 27, 2025, the Board of the National Bank of Kyrgyzstan decided to increase the key...
Sadyr Japarov to Participate in the "C5+1" Summit in the USA at Trump's Invitation
The preparation for the visit of the President of the Kyrgyz Republic to the USA is in full swing...
Sadyr Japarov opened the training and educational center of the special unit "Alpha"
During his working trip to the Jalal-Abad region, President Sadyr Japarov participated in the...
One of the Board Members at the National Bank Has Changed
President Sadyr Japarov signed a decree stating that Ulan Jamalidinov has been relieved of his...
The National Bank of Kyrgyzstan Signed an Agreement for the Implementation of the Digital Som
The National Bank of Kyrgyzstan has presented a demo version of the digital som, developed on a...
The National Bank of the Kyrgyz Republic commented on the sanctions against "Eurasian Savings Bank" and "Tolubaya"
On October 23, the countries of the European Union officially approved a new package of sanctions,...
Appointment of the Deputy Chairman and a Member of the Board of the National Bank of the Kyrgyz Republic
On September 16, 2014, the President of the Kyrgyz Republic, Almazbek Atambayev, signed decrees...
The President signed a decree awarding the Jussup Balasagyn National University with the Order of "Manas" III degree.
On October 25, the Chairman of the Cabinet of Ministers, Adylbek Kasymaliev, participated in a...
Electronic Delivery of Fines for Traffic Violations. The President Signed Amendments to the Code of Offenses
The President of the Kyrgyz Republic, Sadyr Japarov, has signed a law concerning amendments to the...
Sadyr Japarov stated that Kyrgyzstan can realistically become a regional hub for virtual assets.
The President continued that more and more countries are making strategic decisions regarding the...
Kamchybek Tashiev spoke about the risks of introducing cryptocurrencies in Kyrgyzstan
At the meeting of the National Council on Virtual Assets and Blockchain Technologies held on...