Akchabarsearch
The State Development Bank raised over 200 million KGS through the stock exchange BTS
Image source: www

Published

09/10/2025, 08:59

The State Development Bank raised over 200 million KGS through the stock exchange BTS

The State Development Bank of the Kyrgyz Republic successfully placed ordinary shares on the Kyrgyz Stock ExchangeBTS. The transaction took place on 3 September.

As part of the transaction, 213,401 shares were placed at a price of 1,000 KGS per share. In total, the bank received 213.4 million KGS for its shares.

The decision to increase the authorised capital was made by the general meeting of shareholders of the State Development Bank on 31 July this year. In particular, it was about increasing capital through a non-monetary contribution, namely a land plot with a two-storey building.

Details of the parameters of the issue, the procedure and conditions for placing the issued shares are not disclosed.

We would like to add that at the end of the second quarter of 2025, the share capital of the State Development Bank amounted to 19.7 billion KGS, and after the additional placement, it increased to 21 billion 413.4 million KGS.


Read Similar