Kyrgyzstan sanctions: state banks stop servicing over 240 accounts

Bakyt Sydykov, the president's special representative for special assignments, met heads of foreign diplomatic missions in Bishkek on 21 October 2026. According to the Ministry of Economy, the meeting covered work done to reduce Kyrgyzstan's sanctions risks and strengthen financial control.

Sydykov stressed that the country's financial system may not be used to circumvent international sanctions and that the issue is under the personal control of the country's leadership. As part of the work carried out, the activities of 52 legal entities have been stopped, forced liquidation procedures have begun against 57 legal entities, and 25 are under review.

State banks have stopped servicing more than 240 accounts. The international consulting firm Kroll has been engaged to assess the sanctions system. Sydykov said he plans regular meetings and will continue to provide information on the work being done.