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    Kyrgyzstan’s banking sector seeing deposits pick up

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    By Azergold Cjsc

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    Kyrgyzstan’s banking sector seeing deposits pick up

    BISHKEK, Kyrgyzstan, September 16. The total
    customer deposit base in Kyrgyzstan’s banking sector amounted to
    717.6 billion soms (approximately $8.2 billion) as of July 31,
    2025, which is a 21.1 percent increase from 592.4 billion soms
    ($6.78 billion) at the end of 2024, Trend reports via the National Bank of
    Kyrgyzstan.

    Deposits of legal entities reached 304.9 billion soms ($3.5
    billion), rising by 23.8 percent since the beginning of the year,
    while household deposits totaled 247.6 billion soms ($2.84
    billion), up by 19.2 percent.

    Deposits of government bodies stood at 62.5 billion soms ($714
    million, +20.8 percent), non-resident deposits at 90.7 billion soms
    ($1.04 billion, +20.3 percent), and deposits of other
    financial-credit organizations at 12 billion soms ($137 million,
    +5.4 percent).

    The dollarization of the banking sector’s credit portfolio
    amounted to 17.8 percent, declining by 2.2 percentage points since
    the start of 2025. Meanwhile, the dollarization of the deposit base
    stood at 37.8 percent, down by 5.1 points.

    As of the reporting date, 21 commercial banks operated across
    Kyrgyzstan, with 303 branches.

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