Finance and Investment

08.04.2021

Banking sector of Kyrgyzstan in good financial condition, but risks remain

The banking sector of Kyrgyzstan is in good financial condition, but risks remain. This is stated in the final statement of the staff of the International Monetary Fund following the 2021 consultations in accordance with Article IV.

"Since nonperforming loans, as a rule, respond to a deteriorating economic situation with a...

The banking sector of Kyrgyzstan is in good financial condition, but risks remain. This is stated in the final statement of the staff of the International Monetary Fund following the 2021 consultations in accordance with Article IV.

"Since nonperforming loans, as a rule, respond to a deteriorating economic situation with a...

08.04.2021

Income of insurance companies in 2020 increases by 6.3%

In 2020, the income of insurance companies increased by 6.3% compared to 2019 and amounted to KGS1.7 billion. This is reported by the National Statistical Committee.

According to the department, 15 insurance companies operated in the financial sector of the republic last year.

The main volume of income, 75% of their total...

In 2020, the income of insurance companies increased by 6.3% compared to 2019 and amounted to KGS1.7 billion. This is reported by the National Statistical Committee.

According to the department, 15 insurance companies operated in the financial sector of the republic last year.

The main volume of income, 75% of their total...

08.04.2021

Net profit of Kyrgyzstan’s Optima Bank amounts to 797 million som

According to the results of activities for 2020, Optima Bank earned 797 million 84 thousand som, such data were announced at the annual general meeting on March 30.

In a general vote, the shareholders decided not to distribute the net income.

“In order to comply with legislative and regulatory requirements, as well...

According to the results of activities for 2020, Optima Bank earned 797 million 84 thousand som, such data were announced at the annual general meeting on March 30.

In a general vote, the shareholders decided not to distribute the net income.

“In order to comply with legislative and regulatory requirements, as well...

08.04.2021

Greenback sticks to lower end on uncertain US monetary outlook

The dollar slipped, hovering near two-week lows on Wednesday, after U.S. bond yields stabilised, while market participants waited for the Federal Reserve’s meeting minutes later in the session to help determine the dollar’s future path.

The previous quarter saw a spike in U.S. Treasury yields and the dollar’s strongest rally in...

The dollar slipped, hovering near two-week lows on Wednesday, after U.S. bond yields stabilised, while market participants waited for the Federal Reserve’s meeting minutes later in the session to help determine the dollar’s future path.

The previous quarter saw a spike in U.S. Treasury yields and the dollar’s strongest rally in...

08.04.2021

Bulls hold grip on stock markets, defying bug concerns

World stocks idled near record highs on Wednesday as an International Monetary Fund forecast of the strongest global growth since the 1970s this year and steady bond and FX markets kept risk appetite buoyant.

While rising global COVID-19 case numbers and geopolitical tensions between China and Taiwan and between Russia and...

World stocks idled near record highs on Wednesday as an International Monetary Fund forecast of the strongest global growth since the 1970s this year and steady bond and FX markets kept risk appetite buoyant.

While rising global COVID-19 case numbers and geopolitical tensions between China and Taiwan and between Russia and...


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