Kyrgyzstan’s banking sector roars with record profit growth

TheCyprus


Kyrgyzstan
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1 May 2025 03:30 (UTC +04:00)

Kyrgyzstan’s banking sector roars with record profit growth

Photo: National Bank of Kyrgyzstan


Kyrgyzstan’s banking sector reported a net profit of 6.504 billion soms (around $74 million) in the first quarter of 2025, showing year-on-year growth. Total assets rose by nearly 12 percent, while the loan portfolio increased by 9 percent. As of the end of March, 21 commercial banks and over 300 branches operated nationwide, including several offering Islamic banking services.



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