BISHKEK, Kyrgyzstan, September 3. A whopping 37,000 incoming transfers, totaling a hefty 2.678 billion soms ($31.1 million), came rolling into Kyrgyzstan through the MoneyGram system.
Data from the National Bank of Kyrgyzstan, obtained by Trend, show that the
transaction volume experienced a decline of 10.6 percent, whereas
the aggregate value escalated by 31 percent in comparison to the
corresponding timeframe of the previous year.
Outbound remittances through MoneyGram experienced a decline,
recording 1,450 transactions aggregating 187.13 million soms ($2.2
million), reflecting a decrease of 14.7 percent in transaction
volume and 16.8 percent in monetary value, respectively.
Overall, international money transfer systems recorded 2.876 million incoming transactions worth 82 billion soms ($938 million) in the second quarter of 2025, marking a 73.1 percent rise in transactions and a 61.7 percent increase in value year-on-year. Outgoing transfers reached 134,200 transactions totaling 13.6 billion soms ($155 million), up 10 percent in number and 34.6 percent in value compared to the same quarter of 2024.
In the specified timeframe of April to June 2025, the regional analysis indicates that Bishkek dominated the remittance landscape, representing a substantial 34.9 percent of the aggregate incoming transfer volume and an impressive 72.3 percent of the total outgoing transfer metrics.
MoneyGram’s cross-border platform allows consumers worldwide to send money abroad. The system operates through over 440,000 retail locations and 5 billion digital endpoints, forming a widely accessible network for transferring funds.
