Published
12/11/2024, 14:16Open Joint Stock Company Microfinance Company ‘ABN’ has attracted investments for more than KGS 300 million since its listing in the category ‘B’ of the Kyrgyz Stock Exchange.
Since listing, ‘ABN’ has conducted three issues of shares and four issues of bonds totalling KGS 315 million. The fifth bond issue has already started and the first tranche of KGS 40 million has been placed. These funds are used to develop lending and improve the company's services.
Mr Ulan Kozhomuratov, Chairman of the Board of ‘ABN’, noted that being listed on the stock exchange has increased investor confidence, making the company more transparent and attractive. Listing also provides advantages, such as the absence of taxation, which favours successful work on the market.
