Published
05/01/2026, 16:14The largest shareholders of Bakai Bank increased their stakes following a 3 billion KGS additional share issuance. Changes in the ownership structure were recorded as of April 29, according to the disclosure.
The increase in stakes is proportional and reflects the participation of existing shareholders in the recapitalization. As a result, the bank’s ownership structure has not changed significantly.
The largest shareholder and chairman of the board of directors, Sergey Ibragimov, increased his stake from 40.08% to 40.13% (from 85.28 million to 110.99 million shares).
Stella Ibragimova increased her stake from 12.38% to 12.4% (to 34.28 million shares), Batyrbek uulu Alymbek—from 7.34% to 7.34% (to 20.32 million shares), Galina-Victoria Ibragimova—from 7.09% to 7.1% (to 19.63 million shares), and Kira Ibragimova—from 6.2755% to 6.2823% (to 17.38 million shares).
The stake of Bakita Munduzbaeva, Deputy Chair of the Board of Directors, increased from 0.7644% to 0.7652%.
As previously reported by “Akchabar”, on April 28, virtually the entire volume of the additional issue—63.8 million shares worth approximately 3 billion KGS—was listed on the Kyrgyz Stock Exchange. Although the transaction was conducted as a single block, subsequent changes in the shareholder registry indicate that the shares were distributed among existing shareholders in proportion to their stakes.
The additional issue was carried out as part of an increase in the bank’s authorized capital to 13 billion KGS. However, the state did not participate in the share purchase, opting instead for cash dividends, which results in a reduction of its stake in the capital.
