In Kyrgyzstan, Financial Market Regulation revoked the licenses of four pawnshops

From February 9 to 13, the Financial Market Regulation and Supervision Service made a number of decisions regarding participants in the pawn market.

In particular, four companies had their licenses to conduct pawn activities revoked. Namely:

• OsDO Lombard “Umut”;
• OsDO Lombard Altyn Garant;
• OsDO Lombard Extra;
• OsDO Lombard Three Sevens KJ.

In addition, OsDO Lombard “Micro Capital” closed its representative office “Bishkek No. 1.”

The reasons for the revocation of licenses are not specified in the regulator's statement. After the decision was made, the companies lost the right to conduct pawnbroking activities in the republic.