BISHKEK, Kyrgyzstan, September 29. The flood of money transfers pouring into Kyrgyzstan skyrocketed by 62 percent year-on-year in the second quarter of 2025, a leap largely fueled by a whopping 60 percent uptick in ruble remittances, according to a National Bank report cited by Trend.
The aggregate monetary flow of remittances facilitated via
global transfer mechanisms amounted to 82 billion som ($944.3
million) during the second quarter, specifically from April to
June. This expansion was predominantly driven by transactions
denominated in Russian rubles, totaling $659.5 million.
The pronounced escalation in the volume of Russian currency
remittances starkly diverged from the comparatively subdued
expansion observed in alternative currencies. The inflow metrics in
USD exhibited a nominal uptick of 2 percent, aggregating to $115
million, whereas euro remittances experienced a robust growth
trajectory of 5.6 percent, culminating at $8.8 million.
Russian remittance frameworks sustained their preeminence in the financial ecosystem. Astrasend emerged as the preeminent service in Q2, facilitating a transaction volume of $493.3 million. Subsequently, Zolotaya Korona (Golden Crown) reported a robust financial influx of $186.4 million, while Unistream showcased a commendable $130 million. Quickpay, on the other hand, recorded a notable $48.5 million in revenue.
