Authors

Мария Индина

Главный редактор

Reshuffle in the top: the banking sector of Kyrgyzstan is on the threshold of new leaders
Eight months of work were successful for the banking sector of Kyrgyzstan. According to their results, commercial banks did not just earn good money, some of them managed to improve their financial position in relation to the same period of 2023. This affected the balance of power among the largest banks in the country.
10/3/2024, 11:19:02 AM
Is the Russian market abandoning Kyrgyz clothing?
Supply of Made in KG clothes abroad has fallen sharply. Of the 23 items analysed by the Akchabar editorial board, 17 demonstrated a decrease. This is explained as the main buyer of clothing items from Kyrgyzstan - Russia - has started to buy much less from us.
10/1/2024, 1:55:43 AM
Thefts from bank cards are on the rise: Kyrgyz citizens have lost more than 15 million KGS in six months
In the first half of 2024, more than 15 million KGS ($177.6 thousand) were debited from Kyrgyz bank card holders without their consent. This figure is only one million KGS less than the total amount lost due to unauthorised transactions in 2023. Meanwhile, most of this money was stolen from cards in the second quarter of this year. This is a new record for total losses suffered by customers within
9/30/2024, 5:18:57 AM
“Cooling-off period”: online credit must be waited from three hours to a day
The National Bank of Kyrgyzstan submitted for public discussion amendments to some regulatory legal acts related to credit risk management in commercial banks, microfinance organizations and Islamic banks. These changes are aimed at strengthening the protection of clients using remote channels for obtaining credits and reducing fraud risks.
9/26/2024, 4:33:54 PM
Suspended but not denounced: the authorities are requested to cancel the bio laboratory agreement with Canada
Representatives of civil society organizations have called on the authorities to officially denounce the agreement on a biological laboratory construction in Bishkek, signed in 2008 between the Kyrgyz and Canadian governments. The appeal addressed to the Head of State and the Chairman of the Cabinet of Ministers has been sent to the Presidential Administration.
9/20/2024, 12:30:58 PM
Kyrgyzstan has reduced its debt to 14 external creditors since the beginning of the year
Since the beginning of 2024, Kyrgyzstan has reduced its external debt by more than $60 million, which became possible due to payments to 14 international creditors, including the IMF and Chinese Eximbank.
9/20/2024, 3:29:28 AM
Despite difficulties in the first half of the year, the National Bank ended August with a profit
According to the results of August 2024, the regulator showed a profit of 1.8 billion KGS. This is lower than the indicators of the same period last year. Nevertheless, given that for most of the year the National Bank worked with losses, this result can be considered as a significant achievement.
9/18/2024, 10:03:34 AM
Ministry of Finance expects annual growth of budget revenues by 43 bln soms
The Ministry of Finance presented a forecast on the growth of budget revenues until 2027. The data was published as part of the draft law on the national budget for 2025.
9/17/2024, 3:50:20 AM

Latest News

The dollar decreased in price at currency trades

Daily trading statistics demonstrate commercial banks purchased $8 million in interbank currency trading on September 16.

The dollar and the euro have again dropped significantly against the ruble. Central Bank rates

The Bank of Russia has published the official rates of foreign currency to the Russian ruble for September 4.

Som strengthened against all major currencies

The National Bank of Kyrgyzstan published daily official exchange rates for August 30.

Construction of a fish processing plant started in Chui oblast

In the village of Ak-Jol, Sokuluk district, Chui region, a capsule was laid for the construction of a plant for processing fish and fish products of Wilby LLC. To implement this project, the Russian-Kyrgyz Development Fund (RKDF) allocated 134 million 250 thousand soms to the company.

Pay your taxes without queues and commissions with BakAi!

Have you already paid your taxes? There is not much time left till September 1, and if you don't want to waste your precious time on queues, BakAi Bank has a great solution for you! Now you can deal with your taxes quickly and cost-effectively.

Excise revenues from alcohol increased by 292 mln soms