Regulatory Alerts2026-03-24 | 131079Methodology for Calculating the Weighted Average Interest Rate on Loans/Financing by Financial-Credit Organizations to Implement the Law of the Kyrgyz Republic 'On Limiting Usurious Activities in the Kyrgyz Republic'
The National Bank of the Kyrgyz Republic has issued a methodology to calculate the weighted average interest rate for loans and financing provided by financial-credit organizations, establishing a legal usury cap. The cap is determined by adding 12 basis points to the semi-annually calculated weighted average rate, which is derived from quarter-end data submitted by commercial banks, microfinance organizations, and credit unions. This standardized calculation ensures transparent pricing limits, with the first half-year rate published by November 30 and the second half-year rate by May 31, governing all licensed financial institutions under NBKR supervision.
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