Published
05/22/2025, 16:19Ayil Bank, which remains wholly owned by the state, has confirmed its status as one of the most profitable state assets. At the end of 2024, the bank allocated its entire net profit of 6 billion 994.1 million KGS to dividend payments. Today, it announced the full repayment of its obligations, with the money being transferred to the state.
The decision on the distribution of profits was made on March 28 at the annual general meeting of shareholders. The payment per ordinary share amounted to 4,247 KGS.
However, not all of the amount was transferred in cash. On March 26, at an extraordinary meeting of shareholders, a decision was approved to transfer three other properties of Ayil Bank to the balance sheet of the State Agency for State Property Management (GAUGI). The value of the transferred assets, 27.5 million KGS, was offset against dividend obligations. The remaining 6.97 billion KGS was paid in cash.
It is worth noting that Ayil Bank is demonstrating steady growth in profitability. While the state received 4.24 billion KGS in 2022 and 5.42 billion in 2023, by the end of 2024, the amount had grown to 6.99 billion KGS. Thus, dividends increased by almost 65% over three years.
