At the press conference, the head of the banking supervision department of the NBKR, Elizama Japarova, announced amendments to the legislation, including a new law on consumer lending that was adopted in the fall of 2025.
She emphasized that consumer lending occupies a significant share of the credit portfolio.
“We closely monitor interest rates; however, it should be noted that they depend on the resources that financial institutions attract, including from international organizations and donors in foreign currency, which also affects their formation,” Japarova added.
She also reported that work is currently underway to amend regulatory acts related to antimonopoly regulation and pricing as part of the adopted law.
“Our supervisory function at the National Bank is focused on monitoring the pricing policy of all financial institutions, and we are actively working in this direction. We are already observing certain trends towards a decrease in rates for some types of loans,” she stated.
