The National Bank of the Kyrgyz Republic imposed penalties on foreign exchange service providers and an individual in Bishkek for breaches of Kyrgyz legislation and the National Bank’s regulations. Five exchange offices in Bishkek were each fined KGS 55,000 for violating legal and regulatory requirements. Separately, a Kyrgyz citizen (U.A.U.) was fined KGS 17,500 for conducting cash foreign currency exchange transactions in Bishkek without a National Bank licence.
National Bank of the Kyrgyz Republic 2026-03-18
National Bank of the Kyrgyz Republic fines five Bishkek exchange offices and an unlicensed individual for currency exchange violations
The National Bank of the Kyrgyz Republic fined five exchange offices in Bishkek KGS 55,000 each for breaching legal and regulatory requirements. Additionally, a Kyrgyz citizen was fined KGS 17,500 for unlicensed cash foreign currency exchange transactions.