Kyrgyz banking sector is threatened by financial instability

Almaty. May 22. Silkroadnews - difficulties in the payment of foreign currency loans may affect the financial stability of the banking system of Kyrgyzstan. Such opinion was expressed by Deputy Chairman of the National Bank Lada Orozbaeva, transmits KyrTAG.
"Should be noted problems in the banking sector. First of all, it refers to the emerging trend of rising interest rates of commercial banks. Also, the concern is caused by high level of dollarization of deposits. There may be difficulties in the payment of loans in foreign currencies that may affect the financial stability of the banking and non-banking institutions", - said L. Orozbaeva at Bishkek International Financial Forum on Friday.
Another problem that may affect financial stability - a late payment of loans.