The government is introducing new requirements for pawnshops
In Kyrgyzstan, a reform in the field of non-bank lending has begun. The decree signed by Prime Minister Adylbek Kasymaliev introduces strict minimum standards for pawnshops.
This document will become an important part of the strategy to improve the financial market and will apply to all licensed operators in the country.
The new rules pertain to organizational processes and require an increase in the level of transparency of legal entities.
Businesses have been given six months to fully adapt their business processes to the new state requirements.
The decree will come into effect at the end of February 2026, and experts suggest that this will lead to the consolidation of the sector and the elimination of unscrupulous small players.
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