This mechanism allows for the distribution of financial burden over time and reduces the need for large one-time investments, making it attractive for various categories of businesses and individual entrepreneurs.
The legislative framework for the leasing market is provided by the Law of the Kyrgyz Republic "On Financial Leasing," which has been in effect since 2002. Since then, amendments have been made to the legislation aimed at clarifying concepts and regulating the activities of leasing companies, which has expanded the range of market participants. In 2024, amendments were adopted concerning the licensing of leasing activities and detailing the use of leasing, including the possibility of its application by individuals for certain types of property.
According to data from the State Financial Supervision and calculations by Tazabek, the three largest leasing companies account for over 77% of total contributions in the market. As a result, 21 companies contributed 192.5 million soms to the budget by the end of 2025, indicating the dominance of large players and low competition in the field of large-scale leasing operations.
The public sector also occupies a significant place in this market. The state leasing company and structures associated with banks and development institutions participate in financing key sectors of the economy, such as agriculture and specific infrastructure projects. At the same time, private leasing companies, including those involving foreign capital, are mainly focused on operations with vehicles and commercial machinery.
Information about leasing companies and their contributions to the budget is available by subscription.
