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Development trends of the banking sector 

(as of September 30, 20221

Aggregate assets of the banking sector increased by 20.3 percent year-to-date and totaled KGS 434.3 billion (at the end of 2021 KGS 361.1 billion). 

Volume of the credit portfolio2 of clients of the banking sector increased by 6.8 percent year-to-date and amounted to KGS 194.2 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 4.5 percent); 

- loans for agriculture amounted to KGS 37.6 billion (increased by 13.3 percent); 

- loans for commerce amounted to KGS 52.3 billion (increased by 1.9 percent); 

- loans for construction activity amounted to KGS 13.1 billion (decreased by 3.5 percent); 

- loans for mortgage amounted to KGS 22.7 billion (increased by 13.7 percent); 

- consumer loans amounted to KGS 29.9 billion (increased by 34.7 percent); 

- other loans amounted to KGS 25.5 billion (decreased by 8.3 percent). 

The share of non-performing loans in the credit portfolio of the banking system made 12.8 percent or KGS 24.8 billion (at the end of 2021 11.1 percent or KGS 20.2 billion).  

Total liabilities of the banking sector increased by 16.4 percent year-to-date and amounted to KGS 360.2 billion (at the end of 2021 KGS 309.4 billion). 

Aggregate deposit3 base of clients of the banking sector increased by 21.7 percent year-to-date and amounted to KGS 295.7 billion (at the end of 2021 KGS 242.9 billion), including: 

- deposits of the legal entities totaled KGS 122.3 billion (increased by 24.2 percent); 

- deposits of the individuals totaled KGS 114.4 billion (increased by 0.6 percent); 

- deposits of the authorities totaled KGS 25.4 billion (increased by 64.1 percent); 

- deposits of the non-residents totaled KGS 31.5 billion (increased by 134.0 percent); 

- deposits of other financial-credit organizations totaled KGS 2.1 billion (increased by 15.2 percent). 

The net total capital of the banking sector being applied to calculate the prudential standards set by the NBKR increased by 44.3 percent year-to-date and amounted to KGS 75.6 billion (at the end of 2021 KGS 52.4 billion). The share of foreign contribution in capital of the banking system made 24.4 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 25.1 percent (at the end of 2021 22.2 percent) with the standard of 12.0 percent, the leverage ratio of the banking system made 17.5 percent (at the end of 2021 14.5 percent) with the standard of 6.0 percent. 

The liquidity ratio of the banking system made 79.6 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 6.2 percent (at the end of 2021 1.2 percent), and return on equity (ROE) made 43.4 percent (at the end of 2021 7.8 percent).  

The total financial intermediation (assets/GDP) made 52.1 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.