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Kyrgyz microfinance sector’s income decreases by 22 percent

Business Materials 29 November 2012 18:05 (UTC +04:00)

Azerbaijan, Baku, Nov. 29 / Trend V. Zhavoronkova/

The net income of the Kyrgyz microfinance sector decreased by 22 percent, KyrTAG reported on Thursday with reference to the country's first vice Prime Minister Djoomart Otorbayev.

He said this tendency means that the competition in the country increased.

Otorbayev mentioned that the bank sector of the country intensively develops.

"The deposit base in the country actively grows and now it is amounted to 87.5 million soms increasing by 56 percent compared to a similar period of last year," he added.

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