BAKU, Azerbaijan, June 2. President Sadyr
Japarov attended the inauguration of Eldik Bank’s new headquarters
in Bishkek, Trend
reports via the press service of the Kyrgyz president.
The bank occupies six floors of a recently constructed building,
featuring modern customer service areas, dedicated workspaces for
staff, mother-and-child rooms, and specialized facilities for
individuals with disabilities.
In his address at the event, President Japarov underscored that
Kyrgyzstan is progressively establishing a new economic model in
which the financial sector serves as a catalyst for long-term
investment, technological modernization, and sustainable
development.
He stated, “Our country is consistently pursuing a trajectory
toward developing an innovative economy, modernizing the financial
system, enhancing the quality of public services, and expanding
access to contemporary financial services for both individuals and
businesses. By integrating digital solutions, Kyrgyzstan is
constructing a modern financial system grounded in technology,
transparency, inclusivity, and trust. We are actively advancing
cashless payment systems, mobile financial services, electronic
public services, digital identification mechanisms, and
sophisticated banking technologies.”
President Japarov further emphasized that the inauguration of
Eldik Bank’s new headquarters exemplifies the transformative
developments occurring within the country. He highlighted that
Eldik Bank is one of Kyrgyzstan’s largest financial institutions,
with capital exceeding 80 billion soms ($915 million).
He noted that the bank intends to allocate loan capital toward
the construction of one of the country’s largest energy
initiatives—the Verkhne-Naryn Hydropower Cascade, as well as
projects aimed at developing transportation infrastructure and the
aviation sector, in addition to supporting educational and
healthcare institutions throughout the republic.
President Japarov also observed that Eldik Bank, for the first
time in Kyrgyzstan’s history, has accessed international capital
markets. This year, the bank successfully issued Eurobonds totaling
$500 million on the London Stock Exchange.
“This remarkable achievement reflects the high level of
confidence international investors have not only in the bank
itself, but also in Kyrgyzstan and the extensive reforms currently
being implemented in our country,” he concluded.
“Eldik Bank” has successfully been accredited by the Green
Climate Fund. For Kyrgyzstan, this opens direct access to
international climate finance and creates new opportunities for
implementing projects in the “green” economy sector.
In conclusion, President Sadyr Japarov emphasized that behind
all of Eldik Bank’s current successes lies the tremendous hard work
of its employees, but even more ambitious tasks lie ahead. These
include strengthening financial stability, implementing
cutting-edge innovative solutions, and expanding citizens’ access
to financial services.
