In 2022, revenues of the financial sector of Kyrgyzstan increased by 1.7 times

The total income of organizations in the financial sector of the economy in 2022 amounted to about KGS 106 billion. Such data are provided by the National Statistical Committee.

It is noted that compared to 2021, the figure increased by 1.7 times. This is due to the growth of banks' revenues, which amounted to KGS 92.5 billion and increased 1.7 times compared to 2021.

Expenses of financial sector organizations in 2022 increased by 1.5 times and amounted to KGS 67.1 billion.

At the end of last year, about 39 billion soms of profit were received in the financial sector of the economy, which is almost 2 times more than in 2021.

In 2022, 635 organizations operated in the financial sector of the economy, including the National Bank, 23 commercial banks, 594 non-banking financial and credit organizations, 15 insurance companies and 2 investment funds.