Commercial banks attracted 9.6 billion soms at the deposit auction
Economy / Exclusive

Commercial banks attracted 9.6 billion soms at the deposit auction

As a result of the deposit auction held on January 19, 2026, commercial banks were able to attract 9.6 billion soms. According to information from the Kyrgyz Stock Exchange, the auction was conducted with an offer of deposits for a term of 12 months. The total placement volume amounted to 20 billion soms, while the total demand from financial institutions reached 11 billion 950 million soms. As a result, 9.6 billion soms were placed during the auction.

20.01.2026, 13:37
By 2027, the authorized capital of pawnshops in Kyrgyzstan will be increased to 20 million soms
Economy / Exclusive

By 2027, the authorized capital of pawnshops in Kyrgyzstan will be increased to 20 million soms

By 2027, it is planned to increase the charter capital of pawnshops in Kyrgyzstan to 20 million soms. This was reported by Suyorkul Ashimjan uulu, the chief specialist of the forecasting, control, and monitoring department of the financial market, during the program "Elden Sobol" on the Kabar agency. According to him, the capital size will be increased in stages. At the last stage, which concluded in 2022, the capital amounted to 1 million soms. Starting from January 1, 2025, the

20.01.2026, 13:03
Electricity Generation is Growing, but Consumption is Increasing Faster
Economy

Electricity Generation is Growing, but Consumption is Increasing Faster

The Ministry of Energy proposes to allow settlements with investors in foreign currency to attract investments in the energy sector In the Kyrgyz Republic, there is a trend of increasing electricity production, however, the growth rate of consumption significantly outpaces it. This information was presented by Deputy Minister of Energy Altynbek Rysbekov at a meeting of the committee of the Jogorku Kenesh, which deals with issues of industrial policy, transport, and the energy complex.

20.01.2026, 13:03
Economy

Academician of the National Academy of Sciences called for the development of organic farming for food security in Kyrgyzstan

Doctor of Agricultural Sciences and Academician of the National Academy of Sciences of the Kyrgyz Republic, Jamin Akimaliev, emphasized in his speech on the radio that Kyrgyzstan should actively engage in the development of organic agriculture and the processing of agricultural products to ensure the country's food security. According to him, a significant portion of the vegetables and fruits offered on the market today is imported and inferior in quality and taste characteristics to local

20.01.2026, 12:32
Economy

The state financial holding approved the guarantee for the loan for the construction of the small hydropower plant "Djeruy"

The State Financial Holding (Gosfinholding) has given the green light for a guarantee on a loan of $25 million for the construction project of the small hydroelectric power station "Dzheryui." As reported by the Kyrgyz Stock Exchange, this decision was made at the general meeting of shareholders. It is important to note that a significant deal has been approved, under which Gosfinholding will provide a guarantee for the loan obligations of LLC "Alliance Hydro" to the

20.01.2026, 12:29
Why Are Merchants Afraid of QR Payments? - Interview with the Deputy Head of the State Tax Service
Economy

Why Are Merchants Afraid of QR Payments? - Interview with the Deputy Head of the State Tax Service

In the context of active discussions on social media and in the media regarding merchants' preference for cash transactions in markets and their refusal to use QR payments, the State Tax Service (STS) clarified that the main reason for such behavior lies in the fear of liability for using QR codes registered to individuals in commercial activities. It is important to note that the tax service does not have direct access to citizens' wallets, and control is primarily exercised through

20.01.2026, 12:24
In 2025, about 1.5 million soms in fines imposed on pawnshops in Kyrgyzstan
Economy / Exclusive

In 2025, about 1.5 million soms in fines imposed on pawnshops in Kyrgyzstan

According to information provided by Suyorkul Ashimzhan uulu, the chief specialist for forecasting, control, and monitoring of the financial market at the Financial Market Regulation and Supervision Service, the total amount of fines imposed on pawnshops in Kyrgyzstan in 2025 was approximately 1.5 million soms. This data was announced during a live broadcast of the program "Elden Sobol" on the Kabar agency. Ashimzhan uulu noted that new rules were introduced on May 23, 2024, which

20.01.2026, 12:19
The head of the Cabinet of Ministers of the Kyrgyz Republic familiarized himself with investment projects in Bishkek
Economy

The head of the Cabinet of Ministers of the Kyrgyz Republic familiarized himself with investment projects in Bishkek

The first site they visited was a modern office center located at the corner of N. Issanova Street and Chuy Avenue. Here, they familiarized themselves with the conditions created in the business center after its reconstruction, as well as with the innovative solutions implemented for organizing modern office spaces. Chan Anh Tuan, Chairman of the Board of Directors of the Vietnamese company "Rox Group," presented details about the functionality of the center and its significance for

20.01.2026, 12:12
In 2025, small hydropower plants with a total capacity of about 120 MW were put into operation in the KR - Ministry of Energy
Economy / Exclusive

In 2025, small hydropower plants with a total capacity of about 120 MW were put into operation in the KR - Ministry of Energy

During a meeting of the Committee of the Jogorku Kenesh on industrial policy, transport, fuel and energy complex, architecture, and construction, Deputy Minister of Energy Altynbek Rysbekov reported that small hydropower plants with a total capacity of about 120 MW will be put into operation in Kyrgyzstan in 2025. He noted that the last station launched was the Kara-Kul HPP, which has a capacity of 18 megawatts, and its opening was attended by President Sadyr Japarov. In addition, small

20.01.2026, 11:47
"Stores 'Eurasia' Can Become a Bridge Between the Village and the City"
Economy

"Stores 'Eurasia' Can Become a Bridge Between the Village and the City"

Currently, the price of potatoes in the regions fluctuates between 20–30 soms. Despite the availability of the product and demand, the connection between the producer and the consumer remains quite fragile. Former head of the ayil okmotu Akylbek Dononbaev believes that the state should take a more active role in this process rather than staying on the sidelines. He emphasizes that the main task of a farmer is to work in the field, not to wait endlessly in the market to sell their harvest.

20.01.2026, 11:44
Economy / World

A new deputy chairman of the board has been appointed at "Keremet Bank"

The Board of Directors of OJSC "Keremet Bank" decided at a meeting on January 14 to make changes to the composition of the management board. Zhenishbek Muratbekov, who held the position of Deputy Chairman of the Management Board since April 1, 2025, left his position due to his election to the bank's Board of Directors. This information was published by the Kyrgyz Stock Exchange. As of January 15 of this year, his position is taken by Farhad Artykov.

20.01.2026, 11:26
Regional business received 85% guarantees from the "Guarantee Fund"
Economy / Exclusive

Regional business received 85% guarantees from the "Guarantee Fund"

At a press conference at the "Kabar" agency, the chairman of the board, Malik-Aidar Abakirov, reported that 85% of guarantees were issued to local entrepreneurs. According to him, 66% of the fund's resources are directed towards supporting key sectors of the economy, such as agriculture, processing, industry, tourism, and mortgage lending. “We pay special attention to supporting women's and youth entrepreneurship. These initiatives account for 40% of the total number of

20.01.2026, 11:24
Exchange rates in commercial banks of Kyrgyzstan as of January 20
Economy

Exchange rates in commercial banks of Kyrgyzstan as of January 20

Information was collected from various commercial banks' websites. If you have any questions regarding the provided data, it is recommended to contact the banks directly. The data is current as of the time of publication. The indicated rates are intended for cash exchange and may vary throughout the day. The official rates of the National Bank of the Kyrgyz Republic, as well as the exchange rates in Bishkek's exchange offices, can be found here.

20.01.2026, 11:23
Exchange rates in commercial banks on January 20
Economy

Exchange rates in commercial banks on January 20

The National Bank of Kyrgyzstan presented the following exchange rates for foreign currencies as of January 20: The dollar rate remained at the same level, while the euro and the ruble began to strengthen against the som.

20.01.2026, 10:41
The storage period for negative credit history in Kyrgyzstan will be reduced to three years
Economy / Exclusive

The storage period for negative credit history in Kyrgyzstan will be reduced to three years

In Kyrgyzstan, individuals listed in the "blacklist" of banks will be able to apply for loans again after a three-year period. This decision became possible due to the approval of the bill by the Committee of the Jogorku Kenesh on Finance, Budget, Entrepreneurship, and Competition Development in its first reading. This document aims to simplify citizens' access to credit resources and promote financial inclusion. In particular, it is proposed to reduce the retention period of

20.01.2026, 10:41
The Guarantee Fund issued guarantees worth 4.1 billion soms in 2025
Economy / Exclusive

The Guarantee Fund issued guarantees worth 4.1 billion soms in 2025

During a press conference at the "Kabar" agency, Malik-Aidar Abakirov, the chairman of the board of OJSC "Guarantee Fund," announced amendments to the legislation that allow both citizens and entrepreneurs to receive guarantees. He noted that two years ago, the fund began providing guarantees for individuals to assist them in obtaining mortgage loans. “Many citizens face the problem of finding a down payment. To address this issue, they can contact the fund through banks

20.01.2026, 10:34
Economy

The construction company Business House KG was issued a warning to rectify violations at the site in Osh.

- Inspections of construction sites continue in the country, as reported by the Ministry of Construction, Architecture, and Housing and Communal Services. Inspectors from the Osh Regional Department of the State Architectural and Construction Control conducted an inspection at the construction of a 12-story residential building located in the village of Datka in the Kara-Suu district.

20.01.2026, 10:31
Exchange rates at the Moscow City Council on January 20
Economy

Exchange rates at the Moscow City Council on January 20

On the morning of January 20, the exchange rates at the Moskovsky Council look as follows: US Dollar 87.50 87.85 Euro 101.5-102.1 102.3-103.0 Ruble 1.11-1.12 1.12-1.13 Tenge 0.16-0.17 0.17 The dollar rate remains unchanged: purchase at 87.5 soms, and sale at 87.85.

20.01.2026, 10:29
Economy

In the Kara-Suu District, the contractor "Zeromax" was fined for improper storage of construction materials.

- On January 19, raid activities were conducted at construction sites in Kyrgyzstan, as reported by the Ministry of Construction, Architecture, and Housing and Communal Services. During the inspection carried out by inspectors from the Osh Regional Office of the State Architectural and Construction Control Department, multi-story residential buildings in the Osh region were examined. “During the raid at the construction site of a 12-story residential building located in the village of

20.01.2026, 09:49
87 Enterprises Will Be Relocated from Tashkent for the Sake of Ecology
Economy

87 Enterprises Will Be Relocated from Tashkent for the Sake of Ecology

In Uzbekistan, an important stage begins to improve the environmental situation in Tashkent. The National Committee for Ecology and Climate Change has approved a list of 87 enterprises recognized as energy-intensive and environmentally unsafe. These facilities will gradually be relocated outside the capital. The process involves not only physical relocation but also complete technological modernization in accordance with international standards of the green economy.

20.01.2026, 09:45