Regulatory Alerts2025-04-30 | 129256On the Minimum Size of the Authorized Capital of Payment Organizations and Payment System Operators
The Board of the National Bank of the Kyrgyz Republic has issued Resolution No. 2025-P-14/20-1-(PS) establishing mandatory minimum authorized capital thresholds for payment organizations and payment system operators based on their service types, operational status, and systemic significance. The regulation sets baseline capital requirements of 20 to 50 million soms for new entities, while mandating phased compliance for existing operators and organizations between October 2025 and October 2027, with capital levels scaling up to 110 million soms for specialized services and reaching 310 million soms for systemically important or critical service providers. Furthermore, the resolution clarifies transitional capital formation rules for pending license applications and entities expanding their operational scope, ensuring a standardized regulatory framework for the national payment ecosystem.