250 bankruptcies have been recorded in Kyrgyzstan, almost all of which involve state-owned companies

There are 250 debtors currently undergoing bankruptcy proceedings in Kyrgyzstan. Almost a third of all cases are concentrated in Bishkek.

As of 7 May, 250 debtors in Kyrgyzstan are under the administration of the Department of Bankruptcy Affairs. Cases have been recorded in all regions of the country:

• Bishkek — 68 debtors (27.2%);
• Jalal-Abad — 48 debtors (19.2%);
• Batken — 40 debtors (16%);
• Osh — 38 debtors (15.2%);
• Chui — 20 debtors (8%);
• Issyk-Kul — 16 debtors (6.4%);
• Naryn — 13 debtors (5.2%);
• Talas — 7 debtors (2.8%).

The majority of proceedings relate to liquidation — 195 cases. A further 27 cases relate to the bankruptcy of sole traders, 6 to restructuring, and 22 are subject to other procedures. In terms of types of proceedings, special administration predominates — 246 cases out of 250, whilst rehabilitation is applied in only 4 cases. No reorganisation or amicable settlement proceedings have been recorded to date.

Almost all cases involve legal entities with state ownership — 242 cases, whilst the remaining 8 relate to the private sector.

From the start of 2026 to 7 May, five debtors were declared bankrupt in the country, one procedure was completed, and a total of six completed and new decisions were recorded. The statistics indicate that the main burden of bankruptcies falls on state-owned enterprises and liquidation procedures.