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Kyrgyzstan : CAPITAL of non-bank credit institutions in Kyrgyzstan totaled to 8,317 BILLION SOMS

June 25, 2014

In I quarter of 2014, the capital of non-bank credit institutions in Kyrgyzstan has been totaled to 8,317 billion soms.

Chairman of the National Bank of the KR Tolkunbek Abdygulov stated, "Over the years the coverage of population by international financial organizations' loans increased up to 6-7 percent, the loan portfolio grew by 26 times. Poverty rate declined from 43 percent up to 38 percent .

The Equity capital of non-banking financial institutions has been raised by 846.7 million soms (11.34 percent) as compared with 2013.

The total assets of non-banking financial institutions amounted to 24,391 billion soms. Loan portfolio totaled19.99 billion soms.

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Source: TendersInfo (India)

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