> Menu Item

Development trends of the banking sector 

(as of June 30, 20221

 

Aggregate assets of the banking sector increased by 5.7 percent year-to-date and totaled KGS 381.8 billion (at the end of 2021 KGS 361.1 billion). 

Volume of the credit portfolio2 of clients of the banking sector increased by 4.6 percent year-to-date and amounted to KGS 190.1 billion (at the end of 2021 KGS 181.8 billion), including the sectors as follows: 

- loans for industry amounted to KGS 13.6 billion (decreased by 2.0 percent); 

- loans for agriculture amounted to KGS 37.3 billion (increased by 12.5 percent); 

- loans for commerce amounted to KGS 52.3 billion (increased by 2.0 percent); 

- loans for construction activity amounted to KGS 13.2 billion (decreased by 2.5 percent); 

- loans for mortgage amounted to KGS 21.8 billion (increased by 9.1 percent); 

- consumer loans amounted to KGS 26.0 billion (increased by 17.1 percent); 

- other loans amounted to KGS 26.0 billion (decreased by 6.8 percent). 

The share of non-performing loans in the credit portfolio of the banking system made 12.8 percent or KGS 24.3 billion (at the end of 2021 11.1 percent or KGS 20.2 billion).  

Total liabilities of the banking sector increased by 2.9 percent year-to-date and amounted to KGS 318.4 billion (at the end of 2021 KGS 309.4 billion). 

Aggregate deposit3 base of clients of the banking sector increased by 2.7 percent year-to-date and amounted to KGS 249.5 billion (at the end of 2021 KGS 242.9 billion), including: 

- deposits of the legal entities totaled KGS 94.6 billion (decreased by 3.9 percent); 

- deposits of the individuals totaled KGS 112.1 billion (decreased by 1.4 percent); 

- deposits of the authorities totaled KGS 21.5 billion (increased by 38.4 percent); 

- deposits of the non-residents totaled KGS 19.3 billion (increased by 43.3 percent); 

- deposits of other financial-credit organizations totaled KGS 2.1 billion (increased by 14.2 percent). 

The net total capital of the banking sector being applied to calculate the prudential standards set by the NBKR increased by 23.8 percent year-to-date and amounted to KGS 64.8 billion (at the end of 2021 KGS 52.4 billion). The share of foreign contribution in capital of the banking system made 25.9 percent or KGS 10.7 billion of the paid up authorized capital of the banking sector (at the end of 2021 29.2 percent or KGS 10.8 billion). 

The total capital adequacy ratio of the banking system made 25.8 percent (at the end of 2021 22.2 percent) with the standard of 12.0 percent, the leverage ratio of the banking system made 17.0 percent (at the end of 2021 14.5 percent) with the standard of 6.0 percent. 

The liquidity ratio of the banking system made 74.9 percent (at the end of 2021 71.3 percent) with the standard of 45.0 percent.  

Return of assets of the banking sector (ROA) was 4.9 percent (at the end of 2021 1.2 percent), and return on equity (ROE) made 33.3 percent (at the end of 2021 7.8 percent).  

The total financial intermediation (assets/GDP) made 48.9 percent (at the end of 2021 49.9 percent). 


1 Preliminary data. 

2 Excluding loans extended to the banks and other financial-credit organizations. 

3 Excluding deposits of the banks.