Deposits in Kyrgyz commercial banks continue to grow

Since the beginning of 2025, total deposits in Kyrgyz commercial banks have increased by KGS 76.6 billion and reached almost KGS 688 billion at the end of April. Compared to January, the growth amounted to 12.5%, according to data from the National Bank.

Deposits in national currency made the main contribution to growth. Their volume increased by 70.6 billion KGS and amounted to 427.7 billion. This is almost 62% of the total portfolio. The average interest rate on deposits in KGS decreased from 5.64% in January to 5.48% in April.

Deposits in foreign currency, on the contrary, showed less confident dynamics. Over four months, their volume grew by only KGS 6 billion to KGS 260.2 billion. The average yield on them remains significantly lower, at about 0.88% per annum, which makes such investments less attractive to depositors.