BISHKEK, Kyrgyzstan, December 11. The National
Bank of the Kyrgyz Republic has imposed a temporary ban that
prohibits commercial banks and payment institutions from levying
any fees on individuals receiving international money transfers,
provided they do not open a bank account, Trend reports via the bank.


The regulation, which was adopted on December 3, 2025, will come
into effect on January 1, 2026, and will remain in force until
December 31, 2026.


Under the new rule, all commissions related to the receipt of
transfers sent through international money transfer systems will be
prohibited for beneficiaries in Kyrgyzstan, provided they do not
open a bank account. The National Bank clarified that this measure
applies solely to fees charged within Kyrgyzstan, and does not
affect fees imposed on senders abroad.


This decision introduces a standardized approach for all banks
and payment institutions, aiming to reduce costs for households
that rely on remittances.


Although the National Bank of Kyrgyzstan is the exclusive
authority responsible for designating Domestic Systemically
Important Banks (D-SIBs), public reports and historical data
frequently highlight key players in this category.







While the National Bank of Kyrgyzstan's official and up-to-date
list of Domestic Systemically Important Banks (D-SIBs) is typically
published on its website and may be subject to change, previous
reports and banking sector news have consistently indicated that
major banks with substantial market shares are classified as
systemically important."


"One of the banks most frequently cited in this category, and
confirmed in past reports by its parent company, is Optima Bank
(formerly a subsidiary of Kazakhstani Jusan Bank/ATFBank)."


"Other prominent commercial banks in the country, likely
classified under this category due to their size and market
influence, but whose current D-SIB status would require
confirmation from the National Bank’s latest resolution, include:
Commercial Bank KYRGYZSTAN, Demir Kyrgyz International Bank (DKIB),
Kyrgyz Investment and Credit Bank (KICB), Bai-Tushum Bank, and
Halyk Bank Kyrgyzstan (a subsidiary of Kazakhstani Halyk Bank).