BISHKEK, Kyrgyzstan, February 26. The total loan portfolio of Kyrgyzstan's banking sector reached 340.7 billion soms ($3.8 billion) in 2024, which is a 32.2 percent increase compared to 2023, Trend reports.
According to the National Bank of Kyrgyzstan, the breakdown of loans by sector is as follows:
- Loans to industry: 14 billion soms ($160 million) - up 4.7 percent year-on-year.
- Loans to agriculture: 47.4 billion soms ($542 million) - up 12.4 percent.
- Loans to trade: 89.9 billion soms ($1.028 billion) - up 21.5 percent.
- Loans for construction: 13.6 billion soms ($155 million) - up 14.4 percent.
- Mortgage loans: 39.2 billion soms ($448 million) - up 30.5 percent.
- Consumer loans: 99.2 billion soms ($1.1 billion) - up 77.8 percent.
- Other loans: 37.4 billion soms ($427 million) - up 22.7 percent.
As of December 31, 2024, there were 21 commercial banks and 304 branches operating in Kyrgyzstan. Five commercial banks provided services in accordance with Islamic banking principles, offering financing in both national and foreign currencies.
