According to data from the National Bank of the Kyrgyz Republic, the banking sector directed 95.7 million som to the needs of the telecommunications industry during the first nine months of 2026. For comparison, during the same period in 2025, the total amount issued was only 9 million som. Furthermore, all loans in both periods were issued exclusively in the national currency.

Lending dynamics and fund distribution

The bulk of the sector's banking financing was concentrated during the spring period. March and April 2026 accounted for 78.0% of the total industry lending volume over the nine months.

Lending volumes by month

47.7 millionissued in March
27 millionissued in April
95.7 milliontotal for 9 months

Despite the manifold growth in the telecommunications segment, this industry's share of the total volume of new bank loans over the nine months remains insignificant, amounting to 0.022%.

Context

NBKR is the National Bank of the Kyrgyz Republic, a state body that regulates the country's banking system.