Banks of Kyrgyzstan made a profit of almost 18 billion soms in the first seven months of 2024. The National Bank of the Kyrgyz Republic provided the data.
According to the bank, the net profit of commercial banks as of the end of July amounted to 17,979.2 billion soms.
Total assets of the banking sector increased by 21.6 percent, amounting to 746.7 billion soms for the reporting period.
The volume of the loan portfolio of clients of the banking sector was recorded at 286.9 billion soms, having increased by 11.3 percent since the beginning of the year.
There are 21 commercial banks and 305 their branches operating in the Kyrgyz Republic.