Published
05/30/2025, 11:50During the BIFF forum, Mels Attokurov, Deputy Chairman of the National Bank of the Kyrgyz Republic, outlined the key areas of digital transformation in the country's financial sector. He named the introduction of uniform application programming interface standards (OpenAPI) aimed at simplifying the integration of market participants' information systems as one of the priority projects.
According to Attokurov, the implementation of OpenAPI will accelerate the launch of new products and services, simplify interaction between banks, fintech companies and consumers, and become an important element in supporting open banking initiatives. The project aims to optimise processes, improve the quality of digital services and develop a competitive environment in the financial sector.
He also noted that the National Bank is implementing this project under special regulatory regimes that allow market participants to test technologies, assess risks and coordinate them with the regulator. This model involves a flexible and phased approach to the introduction of innovations, taking into account the requirements of financial system security and stability.
