Published
02/27/2026, 14:42The Interbank Processing Center has initiated a procedure to assess its market value—specifically, 100% of the company's common shares as of February 1, 2026.
The tender was announced using a simple procurement method, and the deadline for submitting bids was February 3. According to the technical specifications, the valuation must be carried out in accordance with the law, International Valuation Standards, and IFRS.
The contractor will not only have to determine the value of the business, but also calculate the control and minority value of one share, analyze the company's financial stability, its solvency, and its position in the payment services market.
The methodology requires the mandatory use of all three approaches to valuation, followed by the reconciliation of results.
The deadline for completion of the work is 20 working days from the date of conclusion of the contract.
Strict requirements are imposed on participants. At least five years of experience or a minimum of three projects in the valuation of banks and payment organizations, the availability of qualification certificates, the participation of a top-level appraiser, confirmation of independence, and a willingness to defend the report in the event of disputes.
MPC is not just a commercial structure. The company was established in 2004 on the initiative of the National Bank of the Kyrgyz Republic and 11 commercial banks to introduce a cashless payment system and develop the relevant infrastructure in the country. Today, MPC cooperates with all banks and payment organizations, is the sole operator of the Elkart National Payment System, the main operator of ELQR interaction, and also performs the functions of a processing center, including servicing international payment cards.
Thus, we are talking about the valuation of a key element of the national payment infrastructure.
