According to Tazabek calculations based on National Bank of the Kyrgyz Republic data, between January and September 2026, the weighted average interest rate for loans with a maturity of over three years was 14.20% per annum.

Interest Rate Dynamics

Compared to the same period last year, the cost of long-term loans has decreased. Meanwhile, the situation for short-term loans shows the opposite trend: interest rates for loans with a term of 1 to 3 years have risen.

Weighted average loan rates

14.20%rates over 3 years in 2026
16.16%rates over 3 years a year earlier
20.59%rates from 1 to 3 years in 2026
20.04%rates from 1 to 3 years a year earlier

rates over 3 years16,16% %14,20% % −2 pp

Context

Data on interest rates in commercial banks of Kyrgyzstan was prepared based on National Bank of the Kyrgyz Republic statistics.