Published
06/02/2026, 15:32On 2 June, Kyrgyzstan’s President Sadyr Japarov took part in an event marking the 100th anniversary of the savings sector in the country and the opening of Eldik Bank’s new head office in Bishkek.
Speaking at the ceremony, the head of state noted that the history of the savings sector in Kyrgyzstan began in 1925 with the opening of the first state savings banks in Frunze and Osh. According to him, over the past century, the system has evolved from accepting deposits and money transfers into a modern financial institution that plays a vital role in the country’s economy.
The President paid particular attention to the bank’s plans to finance major projects. According to Zaparov, Eldik Bank intends to channel credit resources towards the construction of the Upper Naryn Hydropower Cascade, the development of transport infrastructure and the aviation sector, as well as support for educational and medical institutions.
The Head of State also noted that this year the bank entered the international capital market for the first time, successfully placing Eurobonds worth $500 million on the London Stock Exchange. Furthermore, the bank has been accredited by the Green Climate Fund, which opens up access to international climate finance for Kyrgyzstan.
According to the President, Eldik Bank is now one of the country’s largest financial institutions, with capital exceeding 80 billion KGS. The bank’s new headquarters in Bishkek features modern customer areas, workspaces for staff and facilities adapted for people with disabilities.
