FinanceCreditBank will once again convene a shareholders’ meeting amid a capital shortfall relative to the NBKR requirements

FinanceCreditBank will hold an extraordinary general meeting of shareholders on May 21. One of the key items on the agenda will be another increase in the bank’s authorized capital.

The new share issue may be part of the bank’s preparations for stricter requirements from the National Bank of Kyrgyzstan. As a reminder, starting July 1, 2026, the minimum authorized capital for commercial banks must be at least 1 billion KGS.

FinanceCreditBank has previously increased its capital through the capitalization of profits. Based on the results of 2025, the bank allocated nearly all of its net profit—43.77 million KGS—to pay dividends in the form of additional shares. Following the issuance of these shares, the bank’s capital grew to approximately 905 million KGS.

However, even after this, the figure remains below the National Bank of Kyrgyzstan’s new threshold.

In addition to the capital increase, shareholders will consider amendments to the bank’s charter, the Corporate Governance Code, the regulations governing the board of directors, as well as the extension of the terms of certain board members.