Despite the overall growth of net profit of the banks of Kyrgyzstan, some financial institutions in January-March of this year showed a decrease, and two banks had losses. Such conclusions can be drawn from the financial statements of the banks.

The most difficult situation in the first quarter was at “Kyrgyzkommertsbank”.  If for January-March last year the loss amounted to 3.5 million KGS, then for the same period of this year it reached 314.36 million KGS.

“Bank of Asia” also finished the first quarter of the current year with a loss of 40.36 million soms, while in January-March last year the bank had a profit of 54.6 million soms.

At the same time, a number of banks recorded a significant decrease in net profit by the results of the first three months. For example, at “O!Bank” it fell from 63.7 million to 19.2 million soms.  At “Dos-Kredobank”: profit decreased from 49 million to 20.7 million soms, at “Commercial Bank KCB” to 18.5 million soms.

Optima Bank” also faced a decrease. Reduction from 599.4 mln to 270.5 mln KGS.

Also “Kapital Bank”, JSCB “Tolubai” and “Demir Bank” showed similar tendency.