This material is dedicated to the mandatory deposit insurance system in the Kyrgyz Republic, which has been operating since 2008 under the supervision of a specialized state agency.

In the event of a financial institution’s bankruptcy, the state guarantees depositors the repayment of their funds, including accrued interest, within the legally established limit. Currently, the maximum compensation amount is 200,000 KGS. At the same time, discussions are underway to double this limit in order to strengthen public confidence in the banking system.

The Deposit Protection Fund is formed through government contributions as well as regular payments from commercial banks, microfinance institutions, and housing savings companies. Participation in this system is mandatory for all financial institutions licensed to accept deposits from individuals.

Experts emphasize that the stability of the banking sector helps reduce financial risks and contributes to the country’s long-term economic growth.