‘Commercial bank KYRGYZSTAN’ OJSC, launched in 1988, is one of the country’s oldest banks. With an extensive network of 80 branches and a diverse portfolio of services, ‘Commercial bank KYRGYZSTAN’ today is the largest bank with private domestic capital in the country.
Muras Rysbekovich Kachkeev, Chairman, explains, “We are a top partner for corporate clients as well as for individual clients, including SMEs, large companies, private entrepreneurs and individuals. Our mission is to provide every customer with banking services of any kind throughout the country.” The bank aims to reach €3.2 million (KGS200 million) in profits in 2012, a significant increase over the 2011 total of €2.2 million (KGS135 million).
Ambitious growth strategies
Under new leadership since 2009, ‘Commercial bank KYRGYZSTAN’ has changed its focus to a more diversified portfolio and has ambitious development strategies for 2012 to 2014. “Over the past three years, we have introduced a state-of-the-art automatic banking system, expanded the range of services and greatly improved our risk management, among other advances,” Muras Kachkeev points out.
As for the future, ‘Commercial bank KYRGYZSTAN’ is open to partnerships with European investors and banking groups. Muras Kachkeev concludes, “Kyrgyzstan’s banking sector offers excellent growth potential and ‘Commercial bank KYRGYZSTAN’ aims to be the number one bank in the country.”
Togolok Moldo st. 54 a – Bishkek
Tel: + 996 312 615 364
[email protected]
www.cbk.kg
