Development trends of the banking sector 

(as of July 31, 20261) 

As of July 31, 2026 (hereinafter referred to as the reporting date), 26 commercial banks and 306 branches of the commercial banks operated in the Kyrgyz Republic. Six commercial banks provided services in accordance with the principles of Islamic banking and finance in the national and/or foreign currencies. 

The banking system received net profit in the amount of KGS 20 388.1 million year-to-date2. 

Aggregate assets of the banking sector increased by 21.9 percent year-to-date and totaled KGS 1 476.1 billion (at the end of 2025 – KGS 1 211.2 billion). 

Volume of the credit portfolio3 of clients of the banking sector increased by 22.2 percent year-to-date and amounted to KGS 619.3 billion (at the end of 2025 – KGS 507 billion).  

The volume of financing under the Islamic principles increased by 45.1 percent year-to-date and amounted to KGS 27.9 billion (at the end of 2025 – KGS 19.2 billion).  

The share of non-performing loans in the credit portfolio of the banking system made 11.5 percent or KGS 71 billion (at the end of 2025 – 10.5 percent, or KGS 53 billion). The volume of overdue loans increased by KGS 2.2 billion year-to-date, or 24.8 percent and amounted to KGS 10.9 billion or 1.8 percent of the credit portfolio of the banking system. 

The volume of overdue of financing under the Islamic principles amounted to KGS 0.2 billion, or 0.7 percent of the total financing of the banking system, an decreased by 5.7 percent, since the beginning of the year. 

Total liabilities of the banking sector increased by 19.1 percent year-to-date and amounted to KGS 1 179.5 billion (at the end of 2025 – KGS 990.6 billion). 

Aggregate deposit base of clients of the banking sector4 increased by 3.9 percent year-to-date and amounted to KGS 900.2 billion (at the end of 2025 – KGS 866.2 billion).  

The level of dollarization of the credit portfolio of the banking sector has decreased by 0.5 percentage points since the beginning of 2026 and made 17.8 percent. The level of dollarization of the deposit base of the banking sector decreased by 4.7 percentage points compared to the beginning of 2026 and made 30.1 percent. 

The net total capital of the banking sector being applied to calculate the prudential standards set by the NBKR increased by 34.8 percent year-to-date and amounted to KGS 291.6 billion (at the end of 2025 – KGS 216.4 billion). The share of foreign participation in capital of the banking sector made 14.2 percent or KGS 34.9 billion of the paid-up authorized capital of the banking sector (at the end of 2025 – 16.5 percent or KGS 26.6 billion). 

The total capital adequacy ratio of the banking sector made 31.1 percent (at the end of 2025 – 26.5 percent) with the standard of 12 percent, the leverage ratio of the banking sector made 17.2 percent (at the end of 2025 – 14.1 percent) with the standard of 6 percent. 

The liquidity ratio of the banking system made 89.2 percent (at the end of 2025 – 82.7 percent) with the standard of 45 percent. 

Return on assets of the banking sector (ROA) was 2.4 percent (at the end of 2025 – 3.3 percent) and return on equity (ROE) made 14.8 percent (at the end of 2025 – 22 percent). 

The level of financial intermediation was as follows:  

- (assets / GDP) made 66.2 percent (at the end of 2025 – 61.3 percent); 

- (loans3 / GDP) made 27.8 percent (at the end of 2025 – 25.7 percent); 

- (deposits4 / GDP) made 40.4 percent (at the end of 2025 – 43.8 percent). 

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1 Preliminary data. 

2 For reference: in the same period of 2025, the amount of profit totaled KGS 17 657.5 million. 

3 Excluding loans extended to the banks and other financial-credit organizations. Taking into account financing under the Islamic principles. 

4 Excluding monetary funds of the banks on the deposit and settlement accounts.