The National Bank of the Kyrgyz Republic has adopted amendments to its temporary framework for regulating commercial banks, creating temporary regulatory conditions to expand the ability of resident banks to conduct cross-border settlements in foreign currency while supporting the stability of the banking system. The Board approved the changes on 27 April 2026 by amending the March 2022 resolution on temporary measures for commercial banks. The resolution has been posted on the central bank’s website, and the normative legal act will also be published there under the banking regulation section.
National Bank of the Kyrgyz Republic 2026-04-30
National Bank of the Kyrgyz Republic amends temporary bank rules to support cross-border foreign currency settlements by resident banks
The National Bank of the Kyrgyz Republic has amended its temporary framework for regulating commercial banks to expand resident banks’ ability to conduct cross-border settlements in foreign currency while supporting banking system stability. The Board approved the changes on 27 April 2026 by revising its March 2022 resolution on temporary measures for commercial banks.