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Development trends of the banking sector 

(as of March 31, 20221

 

Aggregate assets of the banking sector decreased by 7.7 percent year-to-date and totaled KGS 333.4 billion (at the end of 2021 KGS 361.1 billion). 

Volume of the credit portfolio2 of clients of the banking sector increased by 0.5 percent year-to-date and amounted to KGS 182.7 billion (at the end of 2021 KGS 181.8 billion), including the sectors as follows: 

- loans for industry amounted to KGS 13.2 billion (decreased by 4.6 percent); 

- loans for agriculture amounted to KGS 34.3 billion (increased by 3.3 percent); 

- loans for commerce amounted to KGS 51.9 billion (increased by 1.2 percent); 

- loans for construction activity amounted to KGS 13.2 billion (decreased by 2.0 percent); 

- loans for mortgage amounted to KGS 20.4 billion (increased by 2.4 percent); 

- consumer loans amounted to KGS 22.8 billion (increased by 2.6 percent); 

- other loans amounted to KGS 26.9 billion (decreased by 3.4 percent). 

The share of non-performing loans in the credit portfolio of the banking system made 11.8 percent or KGS 21.5 billion (at the end of 2021 11.1 percent or KGS 20.2 billion).  

Total liabilities of the banking sector decreased by 10.8 percent year-to-date and amounted to KGS 276.0 billion (at the end of 2021 KGS 309.4 billion). 

Aggregate deposit3 base of clients of the banking sector decreased by 12.6 percent year-to-date and amounted to KGS 212.3 billion (at the end of 2021 KGS 242.9 billion), including: 

- deposits of the legal entities totaled KGS 79.3 billion (decreased by 19.4 percent); 

- deposits of the individuals totaled KGS 101.7 billion (decreased by 10.6 percent); 

- deposits of the authorities totaled KGS 15.9 billion (increased by 2.8 percent); 

- deposits of the non-residents totaled KGS 13.2 billion (decreased by 2.4 percent); 

- deposits of other financial-credit organizations totaled KGS 2.2 billion (increased by 20.1 percent). 

The net total capital of the banking sector being applied to calculate the prudential standards set by the NBKR increased by 11.1 percent year-to-date and amounted to KGS 58.2 billion (at the end of 2021 KGS 52.4 billion). The share of foreign contribution in capital of the banking system made 26.0 percent or KGS 10.8 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 25.5 percent (at the end of 2021 22.2 percent) with the standard of 12.0 percent, the leverage ratio of the banking system made 17.6 percent (at the end of 2021 14.5 percent) with the standard of 6.0 percent. 

The liquidity ratio of the banking system made 73.2 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 2.2 percent (at the end of 2021 1.2 percent), and return on equity (ROE) made 15.2 percent (at the end of 2021 7.8 percent).  

The total financial intermediation (assets/GDP) made 44.6 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.