Kyrgystani Som (KGS)
Efforts are underway to improve digital banking in Kyrgyzstan. Interest in FinTech solutions is increasing, particularly among the younger population. MBank, a mobile banking service, offers a variety of financial services through mobile applications. Additionally, Kyrgyzstan has a national payment system, Elcart, which is managed by the Interbank Processing Center of Kyrgyzstan (IPC).
Population
Banked Population:
Main industries
Agriculture, Fishing, Forestry, Mining, and Manufacturing
Main imports
Non-Knit Women’s Coats, Non-Knit Women’s Suits, Non-Knit Men’s Suits, Rubber Footwear, and Refined Petroleum
Main exports
Refined Petroleum, Gold, Precious Metal Ore, Dried Legumes, and Scrap Copper
$1,655.1
per capita (USD)
6.3%
Growth annually
141
World ranking
Total volume of digital payments projected to reach
$5,537.00M (USD)
