Kyrgyzstan's central bank proposes allowing online early repayment of loans

The National Bank of Kyrgyzstan has proposed formally allowing borrowers to repay loans early, in full or in part, through remote service channels. A draft resolution on the proposal has been put out for public discussion.

According to the document, the changes would amend the regulation on minimum requirements for credit risk management in commercial banks and other financial-credit organisations. Borrowers would be able to make early repayments remotely, for example through banking apps, without visiting bank branches. Current rules already allow early repayment at any time without commissions, fines or additional payments.

For full or partial early repayment of consumer loans, banks would still have to recalculate the borrower's obligations and adjust the payment schedule and interest amount to reflect the reduced principal. The justification note says the changes aim to develop digital financial services, simplify banking procedures and improve access to financial services for the public. Comments and proposals are accepted until 6 November 2026. If adopted, the resolution will take effect 15 days after official publication.