The National Bank of the Kyrgyz Republic’s board adopted two resolutions on 13 May 2026, one setting a minimum working capital requirement for exchange bureaus to support development of the sector and improve operating requirements, and another amending its rules on licensing exchange bureaus and microfinance organizations to strengthen requirements for supervised entities in line with international standards including Financial Action Task Force recommendations, while revising deadlines for microcredit companies, microcredit agencies and credit unions to convert into microfinance companies and the conditions for removing restrictions in microfinance company licenses to accept term deposits.
National Bank of the Kyrgyz Republic2026-05-20
National Bank of the Kyrgyz Republic sets minimum working capital for exchange bureaus and tightens licensing rules for exchange bureaus and microfinance organizations
The National Bank of the Kyrgyz Republic adopted a resolution setting a minimum working capital requirement for exchange bureaus to support sector development and strengthen operating requirements. A second resolution amends licensing rules for exchange bureaus and microfinance organizations to align with international standards, revise conversion timelines for microcredit entities and credit unions, and adjust conditions for lifting restrictions on microfinance companies’ term deposit licenses.