Published
06/01/2026, 17:26The shareholders of the Eurasian Financial Corporation have decided to voluntarily liquidate the company. The decision was approved at the annual general meeting of shareholders on May 25.
According to published information, Elina Erdarova has been appointed as the company’s liquidator. The company has also been instructed to notify the judicial authorities of the commencement of the liquidation proceedings in accordance with the procedure established by law. Creditors’ claims will be accepted in writing within two months following the publication of the relevant announcement on the Ministry of Justice’s website.
The decision to cease operations was made against the backdrop of the company’s ongoing financial difficulties. Shareholders declined to distribute profits for both 2024 and 2025, citing the company’s unprofitability.
The company’s financial statements show that by the end of 2025, the accumulated uncovered loss exceeded 6 million KGS, while equity amounted to approximately 17.9 million KGS. At the same time, net profit for 2025 was nominal—just 55,600 KGS, following a loss of nearly 3.5 million KGS the previous year.
The company itself was registered in November 2022 and operated in the field of trust companies, investment funds, and similar financial organizations. In June 2023, it underwent re-registration. Apsamat Karashev is listed as the company’s CEO.
Concurrently with the decision to liquidate the company, the shareholders appointed Karashev as CEO for a new term, retaining his right of first signature. A new version of the company’s charter was also approved, and personnel changes were made within the internal control system.
