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State Financial Holding to hold auction for placing funds in banks

Published

02/11/2026, 08:55

State Financial Holding to hold auction for placing funds in banks

On 13 February 2026, State Financial Holding announced an auction for placing funds in deposits with state and commercial banks in Kyrgyzstan.

The funds will be placed in accordance with the established parameters within the framework of the holding's financial management strategy. The aim is to select the most favourable conditions for placing temporarily available resources.

The procedure and timing of the auction will be determined by internal regulations. State and commercial banks engaged in deposit activities will be allowed to participate.

Previously, the Ministry of Finance of the Kyrgyz Republic began to use a similar mechanism through the Kyrgyz Stock Exchange. Later, the Russian-Kyrgyz Development Fund joined the practice of placing funds on market terms. Gosfinholding became the third structure to use this instrument for liquidity management.

Thus, the practice of placing state funds through exchange mechanisms is gradually expanding, forming a more transparent and competitive model of interaction with the banking sector.


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