Published
05/05/2026, 09:20FinanceCreditBank has increased its authorized capital by implementing its previously approved profit distribution strategy through the issuance of additional shares. The relevant transactions are reflected in the trading statistics of the Kyrgyz Stock Exchange (BTS).
This refers to the capitalization of profits for 2025, which “Akchabar” previously reported on. As a reminder, on March 25, the bank’s board of directors approved a net profit of 43.77 million KGS, nearly all of which was allocated to the payment of dividends in the form of shares. The cash portion remained nominal.
As a result, shareholders received dividends not in cash, but through an additional share issue at a rate of 0.050834 KGS per share.
According to the exchange, a total of 12 transactions involving the bank’s shares were conducted on April 22, during which 43,770,369 shares with a par value of 1 KGS were sold. Moreover, 43,769,075 of the bank’s shares were purchased in a single transaction. As a result, FinanceCreditBank raised 43.77 million KGS.
It should be noted that the decision to recapitalize is likely related to stricter regulatory requirements. According to a resolution of the National Bank of the Kyrgyz Republic, starting July 1, 2026, the minimum authorized capital for commercial banks must be at least 1 billion KGS.
As of the end of March, FinanceCreditBank’s capital was estimated at 861 million KGS. Following the current share placement, it will increase to approximately 905 million KGS, which remains below the established threshold. This means that before the new requirements take effect, the bank will likely need to conduct an additional share issue to bring its capital up to the regulatory level.
