Construction sector received 11.7 billion som in loans in September: a historical high

According to data from the National Bank of the Kyrgyz Republic published on October 30, the volume of new loans for the construction sector in September amounted to 11.7 billion som. This figure is a historical high since the beginning of statistical tracking in January 1996.

Lending Dynamics and Cost

In year-on-year terms, the rate of loan issuance in the industry grew 22 times. At the same time, there is a significant decrease in the cost of borrowed capital: the weighted average interest rate on loans in September was 6.85% per annum, while from January to August it ranged from 11% to 20%.

The September financing volume was twice the total amount of loans received by the construction sector for the entire year 2025.