Published
04/24/2026, 13:40The Guarantee Fund decided to pay dividends and updated the composition of its board of directors following the annual general meeting of shareholders on April 22. This was reported by the Kyrgyz Stock Exchange.
According to the disclosed information, the dividend amount will be 5.62 KGS per share. Payments to shareholders will be made in non-cash form from May through July 2026. Shareholders listed in the registry as of April 22 are entitled to receive dividends.
At the same time, there is no significant intrigue regarding the distribution of payments, given the fund’s unchanged ownership structure. As before, the bulk of the dividends will go to key shareholders. Among them, the National Bank of the Republic remains the largest shareholder with a 91.22% stake (or 60.5 million shares), while another 8.78% (or 5.82 million shares) belongs to the State Agency for State Property Management. In effect, dividend payments will be distributed between the two state shareholders.
Based on the approved dividend amount and the number of shares held by the shareholders, the National Bank will receive 339.88 million KGS from the Guarantee Fund, and the State Agency for State Property Management will receive 32.7 million KGS.
However, the declared dividend turned out to be lower than in previous years. For comparison, the payout for 2024 was 6 KGS per share, in 2023—6.3 KGS, and in 2022—6.2 KGS. Thus, the current dividend is approximately 6.4% lower than last year’s.
According to the financial statements, the Guarantee Fund’s net profit for 2025 amounted to 429.9 million KGS. This is lower than the 2024 figure of 440.9 million KGS (-2.5%). Meanwhile, basic earnings per share rose from 6.7 to 7.1 KGS.
At the same time, shareholders approved changes to the board of directors. The terms of board members Ulan Toyaliev and Tolonbek Abdyrov were terminated. Orozbek Kenzhetaev and Aibek Kadyraliev were elected to replace them.
