Bank of Asia to increase authorised capital to KGS 1.3 billion

On 26 March 2025, the annual general meeting of shareholders of Bank of Asia CJSC was held in Bishkek, where important decisions were made concerning further development of the bank and financial indicators for 2024.

One of the key decisions was to increase the authorised capital of the bank. At the meeting it was decided to increase the number of circulating common shares of the bank by 100 thousand copies, with nominal value of KGS 1 thousand each, which will lead to increase of the authorised capital by KGS 100 million. Thus, the total amount of the bank's authorised capital will make KGS 1.3 bln.

Besides, the meeting approved the report on Bank Asia CJSC activity for 2024, as well as balance sheet and profit and loss statement. The shareholders also voted in favour of dividend payment by the results of 2024.

During the meeting, the business plan and financial plan for 2025-2027 were approved, as well as a new composition of the Bank's Board of Directors for a term of 4 years was elected. It includes: Nazira Beishenalieva, Lee Jong Baek, Nurlan Aldayarov, Jamilya Koichumanova, Ermek Niyazov and Aibek Kurenkeev.

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