Kyrgyz banks increased their revenues through interest on loans and commissions

The revenues of commercial banks in Kyrgyzstan grew by 20.9% compared to the same period in 2024 and reached 105.4 billion KGS in the first nine months of 2025. Interest income on loans and commission income were the main contributors to this growth.

According to the regulator's data, interest income from lending to customers increased by 15.1 billion KGS, and commission income by another 5 billion KGS. These two sources were the key drivers of growth in bank revenues amid active lending and the expansion of the range of paid services.

At the same time, income from foreign currency transactions, on the contrary, decreased by 3.2 billion  KGS. This partially offset the overall financial result of the sector.

Bank expenses grew even faster—by more than a third, or 20.1 billion KGS, to 80.1 billion KGS.

Of the 21 commercial banks operating at that time, 19 ended January-September 2025 with a profit, while two banks reported losses. As a result, the net financial result (banking sector profit minus losses) amounted to 25.4 billion KGS. This is 6.4% less than a year earlier.

Thus, banks continue to earn primarily from lending and commissions. However, the growth in operating expenses is holding back the increase in their net profit.