Published
06/09/2025, 12:03In the first four months of 2025, commercial banks in Kyrgyzstan accepted 2.2 trillion KGS in new deposits, which is 80% more than in the same period last year. This was reported by analysts at the Eurasian Development Bank.
The main growth was provided by deposits in the national currency, which increased 2.1 times.
Foreign currency deposits also grew, but more moderately, by 11.8% year-on-year.
Against this backdrop, the share of foreign currency deposits in total deposits continued to decline, reaching 15.5% in January–April 2025, compared with 25.2% a year ago.
About 96% of all new deposits are demand deposits, i.e., funds that depositors can withdraw at any time. This structure indicates a preference for the most flexible and accessible financial instruments, especially in the context of economic recovery.
As of April 2025, the weighted average interest rate on deposits was 1.41%, virtually unchanged from December 2024 (1.42%).
