The National Bank of Kyrgyzstan, the main financial regulator, is actively working to eliminate fraudulent schemes. Let’s take a look at what changes have occurred and why this is important for everyone who uses bank cards, phones, and the internet.
In 2025, the National Bank of the Kyrgyz Republic implemented a number of new regulatory and supervisory measures, achieving significant success in combating fraud in the financial sector.
Transferring your card to others is your responsibility
Since the third quarter of 2025, the National Bank has required commercial banks to include a mandatory condition in public offers and contracts by August 1 of the same year, prohibiting the transfer or sale of bank cards, logins, and passwords to third parties, as well as electronic wallets.Now banks must clearly state this rule in their contracts. If a client transfers their data to another person, they will be held responsible under the law.
Don't forget to also pay attention to the videos released by the National Bank regarding fraud. These materials are posted on the regulator's social media pages and are also broadcast by commercial banks on their websites and in customer service areas.
Mandatory anti-fraud systems
In 2025, the necessity of implementing anti-fraud systems for banks, microfinance, and payment organizations was established in Kyrgyzstan.This is not just a formality; it involves real automated systems that:
- track suspicious transactions;
- assess risk;
- block fraudulent actions before funds are withdrawn.
Additionally, to enhance the security of banking operations and protect clients' rights, the National Bank approved a number of new documents, including:
- Regulation "On Minimum Requirements for the Fraud Prevention System in Microfinance Organizations" dated September 15, 2025;
- amendments to the rules for managing operational risks in commercial banks;
- Regulation "On Minimum Requirements for the Fraud Prevention System in Payment Organizations" dated October 31, 2025.
Joint efforts to combat fraud
In September 2024, an interdepartmental working group was established, which includes the National Bank, the Ministry of Internal Affairs, the State Committee for National Security, relevant state bodies, commercial banks, payment services, and internet providers.The group of specialists is working on creating a centralized anti-fraud platform where it will be difficult for scammers to operate, limiting the opportunities to deceive the public.
Self-ban on loans as protection
In 2024, 15,000 Kyrgyz citizens became victims of fraud, losing 2 billion soms. The issue of banking data security was actively discussed in the Jogorku Kenesh, leading to the initiative to introduce a self-ban on lending, signed by President Sadyr Japarov.The Law "On Banks and Banking Activities" now includes a clause mandatory for those providing banking services:
- to request information from credit bureaus about the existence of a client's self-ban;
- to refuse to enter into a loan agreement if there is an active self-ban.
Loan agreements concluded in violation of these requirements are deemed invalid.As of November 1, 2025, a self-ban on lending came into effect in Kyrgyzstan — a simple way to protect yourself from unwanted loans. No one can take out a loan in your name without your consent.
As of February 20, 2026, more than 192,000 citizens have used this service, providing them protection from fraud and unnecessary expenses.
Financial literacy training
In December 2025, the National Bank organized a round table to discuss issues of fraud prevention technologies and cybersecurity in the financial sector. The event focused on creating mechanisms for joint interaction and improving the digital literacy of the population.
The issue of internet fraud is actively discussed in government structures, law enforcement agencies, and the financial sector, as well as among active citizens.
Measures for cybersecurity, monitoring anti-fraud systems in banks, and incorporating the fundamentals of financial security into educational programs for schools are being discussed.
It is important to keep an eye on the situation with cyber fraud, as scammers continue to invent new ways to deceive, using WhatsApp, Telegram, and fake links. Users need to be aware of the available tools to protect against such threats.
Additional measures by the National Bank
The regulator constantly analyzes new laws and regulations related to combating fraud in the financial sector.On January 21, 2026, the National Bank issued a special resolution No. 2026-P-39/3-2-(NPA), amending the rules that banks must comply with.
It is prohibited to transfer or sell your banking logins, passwords, and access to online banking. Criminal liability is provided for violations of these rules.
