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    Published

    04/18/2025, 17:52

    The National Bank closed the first three months of 2025 with a profit of 7.4 bln KGS

    The National Bank presented a financial report on the results of the first quarter of 2025. According to the document, the regulator completed the first three months of the year with a net profit of 7 billion 378.6 million KGS.

    For comparison, in the same period last year the National Bank recorded a loss of 127.9 million KGS.

    The key factors of positive dynamics were several structural changes. First of all, there was a significant increase in the reserve for revaluation of foreign currency and monetary gold - from 57.4 billion to 106.6 billion KGS. Despite the fact that this indicator does not directly affect the profit, it reflects the increase in the market value of the bank's assets and indicates the strengthening of its capital base and overall financial stability.

    Also, the loss on revaluation of securities at fair value through other comprehensive income decreased significantly from (281 million KGS) a year earlier to (39.2 million KGS) in the current period.

    As a result, total capital of the NBKR increased by 44.5 billion KGS and reached 126.2 billion KGS. Total liabilities and capital at the end of the reporting period amounted to 620.3 billion KGS.

    Separately, it should be noted that in the category “retained earnings” this year there is a dash, while in the same period last year it amounted to 12.4 billion KGS. This is due to the fact that according to the decision of the Cabinet of Ministers, the National Bank for the second year in a row fully transfers all received profit to the state budget. In 2025, a record volume of almost 46 bln KGS was transferred.


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