Anvar Abdraev
President
The Union of Banks of Kyrgyzstan
History of the Union
17 banks of Kyrgyzstan took part at the general meeting of the founders of the Association of Banks was held on September 15, 2005. The main objective of the meeting was to resolve all organizational and legal issues related to the revitalization of the Association of Banks.
As a result of the general meeting, several decisions were made. The withdrawal from the Association and the accession of new members to the Association of Banks, the Renaming of the Association into the Union of Banks of Kyrgyzstan (SBC), the approval of the new version of the Charter, the selection of the Supervisory Board of the Union of Banks, the selection of the Audit Commission of the Union of Banks and the determination of the amount of membership fees.
Coordination of the work of the new Union was entrusted to the Supervisory Board consisting of the first five heads of commercial banks of Kyrgyzstan: OJSC “Settlement-Savings Company”, CJSC “Demir Kyrgyz International Bank”, OJSC “KyrgyzСredit Bank”, OJSC “Bank-Bakai”, OJSC “Energobank”. The Chairman of the Supervisory Board was Anvar Abdraev – Chairman of the Board of OJSC “KyrgyzCreditBank”.
The functions of the President of the Union of Banks of Kyrgyzstan are temporarily assigned to the Chairman of the Supervisory Board, in accordance with paragraph 9.4. of the Statute.
Later, OJSC “AKB Kyrgyzstan”, CJSC “INEXIMBANK”, OJSC “FinanceCreditBank KAB” joined the Union of Banks of Kyrgyzstan.
Thus, for the first time in the history of the banking system, almost all commercial banks were merged, which was a confirmation of the desire of all members of the Union to work in an organized way to solve issues jointly.
Today the members of the Union of Banks are 24 commercial banks, 2 large microfinance companies, 1 leasing company, 3 associate members.
Training Center of The Union
The Bank Training Center was established in 1996 by the decision of the Board of the National Bank of the Kyrgyz Republic (NBKR) within the framework of the expanded FINSAC Program for Restructuring the Financial and Banking Sector of the Kyrgyz Republic, conducted on the initiative and under the auspices of the World Bank. In accordance with the decision of the National Bank the Center has acquired the status of structural subdivision of the NBKR.
Since 2007, the Bank Training Center has been reorganized into the Training Center of the Union of Banks of Kyrgyzstan. License for the right to conduct educational activities of the Ministry of Education and Science of the Kyrgyz Republic “AШ No. 1425”.
The Training Center assists the banking and microfinance sectors of the Kyrgyz Republic by developing and improving the professional and managerial skills of senior and middle-level specialists in banking and financial institutions.
The goal of the Training Center is to organize focused practical training for professionals based on real needs and priorities existing in the banking and financial sector of the Kyrgyz Republic.
The activity of the Training Center is mainly based on the provision of short-term courses and seminars lasting from 2-3 to 5-10 days.
Currently, the Training Center database includes more than 36 local teachers, 20 of them are engaged in active teaching.
The Union Members
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«Demir Kyrgyz International Bank» CJSC
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«Kyrgyz Investment and Credit Bank» CJSC
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«Interbank Processing Center» CJSC
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Microfinance Company “Salym Finance” OJSC
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Microfinance company «M Bulak»
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«Finance Credit Bank KAB» OJSC
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Associate Members
European Bank for Reconstruction and Development
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International Finance Corporation
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International Business Council
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Partner organizations
Agency for the Protection of Deposits of the Kyrgyz Republic
Global Money Week 2018: Kompanion Bank organized events to increase financial literacy
On March 12-18, KompanionBank held a number of events within the framework of Global Money Week 2018, aimed at increasing financial literacy of grade 8-11 schoolchildren from 40 schools, including schools in other oblasts of Kyrgyzstan.
Lectures in schools and open daysat KompanionBank divisions were held for about 700 pupils from different parts of our country: Kadamjay, Kerben, Osh, Talas, Toktogul, Tokmok, Kaindy, Naryn, Kochkor, Balykchy, Karakol and Bishkek.
Schoolchildren learned about the functions of banking institutions, the importance of planning incomes and expenses, as well as ways to save money. In addition, pupils and the bank’sspecialists were engaged in interactive discussionsabout the uniqueness of the national currency, as this year is Kyrgyzstansom’s 25th anniversary.