In January–March 2025, the country's financial sector demonstrated steady growth. It comprised 546 organisations, including the National Bank, 21 commercial banks, 507 non-banking institutions, and 17 insurance companies. The total customer base exceeded 17 million accounts, 4.5 million more than a year earlier. The growth is explained by the digitalisation of banking services and the revitalisation of the insurance market.
The financial sector's revenues amounted to KGS46.8 billion, an increase of 40% compared to the first quarter of 2024. Expenses reached KGS30.9 billion, and net profit was almost KGS16 billion, which is twice as much as last year. Banks and insurance companies made the main contribution.
Commercial banks received KGS40.3 billion in income, with expenses of KGS25.7 billion and profits of over KGS14.6 billion. Pawnshops, microfinance organisations, credit unions, and insurers also showed positive dynamics. More than half of the sector's players (57%) operated at a profit, while 16% recorded losses.
Reported by Akchabar (Kyrgyzstan).
Kyrgyzstan took 121st place out of 139 in the Cost of Living Index 2025 by Numbeo.
The world’s largest database on cities and countries has calculated the Cost of Living Index and compiled the corresponding ranking. Experts assessed how expensive it is to live in different countries.
The cost of goods and...
Kyrgyzstan took 121st place out of 139 in the Cost of Living Index 2025 by Numbeo.
The world’s largest database on cities and countries has calculated the Cost of Living Index and compiled the corresponding ranking. Experts assessed how expensive it is to live in different countries.
The cost of goods and...
The General Prosecutor's Office has uncovered large-scale violations in the work of tax authorities: contrary to the law, 322 entrepreneurs were fined between 5,000 and 13,000 KGS. Although the current legislation provides only a warning in such cases, the total amount of illegal sanctions could have amounted to more than...
The General Prosecutor's Office has uncovered large-scale violations in the work of tax authorities: contrary to the law, 322 entrepreneurs were fined between 5,000 and 13,000 KGS. Although the current legislation provides only a warning in such cases, the total amount of illegal sanctions could have amounted to more than...
The Ministry of Finance is preparing a new bill aimed at reforming the public procurement system. One of the key areas of focus is strengthening anti-corruption mechanisms and eliminating conflicts of interest. The initiative proposes introducing the principle of zero tolerance for corruption, restricting companies with a criminal past from...
The Ministry of Finance is preparing a new bill aimed at reforming the public procurement system. One of the key areas of focus is strengthening anti-corruption mechanisms and eliminating conflicts of interest. The initiative proposes introducing the principle of zero tolerance for corruption, restricting companies with a criminal past from...
Amendments to the Law on Public Procurement provide for simplifying the procurement procedure for purchases of up to 200,000 KGS per year for each expenditure item. This was announced by Bakyt Dzunushov.
Under the current version of the law, purchasing organisations were required to make purchases only through an electronic catalogue....
Amendments to the Law on Public Procurement provide for simplifying the procurement procedure for purchases of up to 200,000 KGS per year for each expenditure item. This was announced by Bakyt Dzunushov.
Under the current version of the law, purchasing organisations were required to make purchases only through an electronic catalogue....
A bilateral meeting of representatives of Kyrgyzstan and the People's Republic of China was held in Beijing as part of the meeting of finance ministers and chairmen of central (national) banks of the member states of the Shanghai Cooperation Organisation (SCO).
According to the Ministry of Finance, the Kyrgyz side was...
A bilateral meeting of representatives of Kyrgyzstan and the People's Republic of China was held in Beijing as part of the meeting of finance ministers and chairmen of central (national) banks of the member states of the Shanghai Cooperation Organisation (SCO).
According to the Ministry of Finance, the Kyrgyz side was...
On June 3, 2025, stock trading in Kyrgyzstan showed a sharp increase in activity on the secondary market. The total volume of transactions amounted to KGS1.34 million, which is 60.9% more than in the previous trading session.
The main driver of the day was the secondary market, which reached KGS1.03 million,...
On June 3, 2025, stock trading in Kyrgyzstan showed a sharp increase in activity on the secondary market. The total volume of transactions amounted to KGS1.34 million, which is 60.9% more than in the previous trading session.
The main driver of the day was the secondary market, which reached KGS1.03 million,...
The foundation for the first wind power plant in the country has been laid in Kyrgyzstan. The press service of the Ministry of Water Resources, Agriculture and Processing Industry reported.
"This day symbolizes the beginning of real change. For the first time, Kyrgyzstan is moving from words to action in developing...
The foundation for the first wind power plant in the country has been laid in Kyrgyzstan. The press service of the Ministry of Water Resources, Agriculture and Processing Industry reported.
"This day symbolizes the beginning of real change. For the first time, Kyrgyzstan is moving from words to action in developing...
The share of agricultural products in mutual trade between Kazakhstan and Kyrgyzstan is 20 percent and is actively growing. For the first quarter of 2025, trade turnover of agricultural products between the two countries increased by 40.7 percent. The Ministry of National Economy of Kazakhstan reported.
The ministry also informed that...
The share of agricultural products in mutual trade between Kazakhstan and Kyrgyzstan is 20 percent and is actively growing. For the first quarter of 2025, trade turnover of agricultural products between the two countries increased by 40.7 percent. The Ministry of National Economy of Kazakhstan reported.
The ministry also informed that...
The Guarantee Fund continues to support entrepreneurs across the country, covering all sectors of the economy. Particular attention is paid to priority sectors such as agriculture, industry, and tourism.
In the first five months of this year, the fund provided business development guarantees worth over KGS923.8 million, of which more than...
The Guarantee Fund continues to support entrepreneurs across the country, covering all sectors of the economy. Particular attention is paid to priority sectors such as agriculture, industry, and tourism.
In the first five months of this year, the fund provided business development guarantees worth over KGS923.8 million, of which more than...
Until the end of June, Kyrgyz entrepreneurs can import seed potatoes without paying customs duty. This measure is envisaged within the framework of foreign economic policy. The press service of the Ministry of Agriculture of Kyrgyzstan reported.
In addition, in accordance with the decision of the Cabinet of Ministers of March...
Until the end of June, Kyrgyz entrepreneurs can import seed potatoes without paying customs duty. This measure is envisaged within the framework of foreign economic policy. The press service of the Ministry of Agriculture of Kyrgyzstan reported.
In addition, in accordance with the decision of the Cabinet of Ministers of March...
A pilot project for round-the-clock customs clearance has been launched at Irkeshtam border checkpoint, located between Kyrgyzstan and China. Customs services at the checkpoint are now provided 24/7 without breaks or days off, Xinhua news agency reports.
This is the second checkpoint in the Xinjiang region to implement such a system,...
A pilot project for round-the-clock customs clearance has been launched at Irkeshtam border checkpoint, located between Kyrgyzstan and China. Customs services at the checkpoint are now provided 24/7 without breaks or days off, Xinhua news agency reports.
This is the second checkpoint in the Xinjiang region to implement such a system,...
In an effort to maintain the quality of surfaced roads and prevent damage, a temporary restriction will be enforced from May 19 to September 1, 2025. This restriction applies when daytime air temperatures reach 28ºC or higher, prohibiting the movement of certain heavy freight vehicles on public roads approximately from...
In an effort to maintain the quality of surfaced roads and prevent damage, a temporary restriction will be enforced from May 19 to September 1, 2025. This restriction applies when daytime air temperatures reach 28ºC or higher, prohibiting the movement of certain heavy freight vehicles on public roads approximately from...
The Cabinet of Ministers has approved regulations on human organ and tissue transplantation. According to the decree dated May 30, 2025, the sale of organs is officially prohibited, and only relatives of the patient may act as donors.
Not only commercial transactions are prohibited, but also any form of coercion to...
The Cabinet of Ministers has approved regulations on human organ and tissue transplantation. According to the decree dated May 30, 2025, the sale of organs is officially prohibited, and only relatives of the patient may act as donors.
Not only commercial transactions are prohibited, but also any form of coercion to...
