> Menu Item

Trends of the development of the banking system 

(as of March 31, 20181

As of March 31, 2018, 25 commercial banks (including the Bishkek branch of National Bank of Pakistan) and 318 branches of commercial banks operated on the territory of the Kyrgyz Republic. 

As of March 31, 2018, the total assets of the banking system have increased since the beginning of the year by 4.7% to 207.3 billion soms. 

The total deposit base2 of the banking system constituted 128.9 billion soms, having increased since the beginning of the year by 6.0%, including: 

· deposits of the enterprises totaled 47.0 billion soms, having increased by 9.0% since the beginning of the year; 

· deposits of the population totaled 65.3 billion soms, having increased by 2.1% since the beginning of the year; 

· deposits of authorities totaled 5.4 billion soms, having decreased by 14.1% since the beginning of the year; 

· deposits of non-residents totaled 9.8 billion soms, having increased by 38.6% since the beginning of the year; 

· deposits of other FCI totaled 1.5 billion soms, having increased by 17.7% since the beginning of the year. 

The volume of loans to customers3 (loan balance) of the banking system by the end of the first quarter of 2018 amounted to 110.6 billion soms, having increased since the beginning of the year by 2.1% (end of 2017 108.3 billion soms). 

The share of nonperforming loans in the loan portfolio of the banking system constituted 7.9% or 8.7 billion soms (at the end of 2017 7.6% or 8.2 billion soms). 

The net total capital of the banking system in general, used to calculate the economic standards set by the NBKR, as of March 31, 2018, amounted to 34.0 billion soms, having increased by 1.3% since the beginning of the year (NTC constituted 33.6 billion soms at the end of 2017). 

The overall net total capital adequacy of the banking system amounted to 24.2% (end of 2017 24.2%) with the 12% standard. 

As of March 31, 2018, the weight of foreign contribution in the capital of banking system amounted to 49.9% of paid up assessed capital or 11.0 billion soms. 

As of March 31, 2018, the liquidity ratio of the banking system amounted to 69.0% (end of 2017 65.1%) with the 45% standard. 

Return on assets of the banking system (ROA) constituted 1.1% (at the end of 2017 ROA 1.2%) and return on equity (ROE) 7.1% (at the end of 2017 ROE 7.6%). 

As of March 31, 2018, the general level of financial intermediation (assets/GDP) constituted 39.2%. 

1 Preliminary data taking into account adjustments introduced by the banks for the previous periods. 

2 Without deposits of banks. 

3 Without loans given to banks and other FCI.