Published
07/07/2026, 13:30Average interest rates on foreign currency deposits at commercial banks in Kyrgyzstan remained low in 2025, although certain segments showed significant growth. The most significant increase in returns was recorded for foreign currency deposits held by legal entities.
According to the National Bank, the average interest rate on corporate foreign currency deposits rose from 0.7% in 2024 to 1.4% in 2025.
This growth was driven by fixed-term deposits. The average rate on these rose from 3 per cent to 3.3 per cent. At the same time, yields rose significantly for certain tenors: for business deposits with terms of 1 to 3 months, the rate reached 10 per cent, compared with 2.1 per cent a year earlier. For deposits with terms of up to 1 month, the rate rose from 4.1 per cent to 5.1 per cent.
For retail customers, the changes were less noticeable. The average rate on foreign currency deposits held by individuals stood at 0.3%, compared with 0.2% a year earlier.
Banks offered an average of 3.3% per annum on fixed-term foreign currency deposits held by individuals. The highest rates were recorded for deposits with terms of 1 to 3 months — 4.7%. At the same time, the yield on long-term deposits of over one year fell from 3.4 per cent to 2.9 per cent.
Interest rates on deposits held by non-residents remained virtually unchanged. The average yield on foreign currency deposits in this category remained at 0.1 per cent, whilst the yield on fixed-term deposits stood at 1.8 per cent.
Thus, in 2025, the foreign currency deposit market saw a rise in yields, primarily in the corporate deposit segment. For individuals, the trend in interest rates remains moderate.
