Published
04/16/2026, 14:03Bakai Bank has approved the distribution of profits for 2025. As a result, the state’s share will be monetized, while the remaining shareholders will receive dividends in the form of shares.
According to the shareholders’ decision, dividends to the state—represented by the State Agency for State Property Management—will be paid in cash. This will be possible following approval by the National Bank of the Republic and subject to compliance with capital requirements.
At the same time, the bank is launching a major recapitalization, under which the authorized capital will be increased to 13 billion KGS. This will be done through an additional share issue worth 3 billion KGS. The placement will take place in a closed format among existing shareholders in proportion to their stakes. Thus, those who agree will receive dividends in the form of shares.
Consequently, their stakes will not be diluted by the additional share issuance, unlike in the case of the state’s stake. At the same time, the authorities had previously intended to sell their stake in the bank, so 1.2612% of the stake was included in the list of assets slated for privatization by 2028.
Additionally, the dividend amount has been set at 14.17 KGS per share, and the list of shareholders eligible for payment was finalized as of March 1.
