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The Banking Market Review is an informational and analytical document dedicated to analyzing the state of the market in the Kyrgyz Republic for the years 2019-2023. The document aims to provide insights across four key areas: country analysis, financial services, current legislation, and taxation of banking operations. 


Socio-economic overview of the Kyrgyz Republic 

Section presents a country analysis of the Kyrgyz Republic, assessing its political, social, cultural, and economic environment as well as its investment climate 

Development of financial and credit organizations 

Section provides an overview of the financial services industry in the Kyrgyz Republic 

Regulatory legal framework for the regulation of financial and credit institutions 

Section outlines key provisions of the current legislation regulating banking activities in the Kyrgyz Republic, including Islamic banking 

Taxation of financial and credit organizations 

Section reviews the existing tax system of the Kyrgyz Republic as it applies to banking operations, including those conducted in accordance with the principles of Islamic banking and finance