Eldik Bank - 28 years with the people!
On July 25, “Eldik Bank” - one of the largest financial institutions in Kyrgyzstan - celebrates 28 years of successful and fruitful work.
The year 2024 has become a landmark year for the bank. Due to the implementation of social programs strategically important for the country, in June of this year, on the initiative of the President of the Kyrgyz Republic Sadyr Zhaparov, the bank was renamed “Eldik Bank”.
Today “Eldik Bank” is thousands of private and corporate clients who trust the bank, a large and cohesive team, a wide range of financial services and government programs aimed at the development of the republic.
Over the years, the company has gained the status of a reliable and stable bank, which is confirmed by its high position in the ratings. “Eldik Bank” is among the top-3 credit organizations of the country by financial indicators: assets, authorized capital, loans and deposits.
In addition, “Eldik Bank” became the first and the only state-owned bank of the Kyrgyz Republic to receive a credit rating from the international rating agency Fitch Ratings at the level of B- with a stable outlook, confirming its stability at the international level.
The Bank continues to follow the path of full digital transformation. The global objective is to provide the Bank's customers with remote services and to create favorable conditions for the population to receive the Bank's services and facilities.
The Bank's serious steps in the direction of digitalization are evidenced by the high-tech company ElTech, established at the beginning of the year, which develops innovative digital products and services. It should be noted that the presentation of a completely new mobile application is planned for this fall, in which users will be able to find the widest range of services.
In addition, “Eldik Bank” is working hard to ensure food security, increase the availability of housing and support small and medium-sized businesses. The Bank is one of the largest participants of state programs (FSH, CAPC, LFBO, etc.), within the framework of which it provides soft loans for agricultural development, housing purchase and SME support, including loans at 0% under the project of repayment of Refundable Financial Aid “Emergency Support to MSMEs”.
One of the most important projects of this year was the social program “Accumulative Mortgage” developed by the Bank together with the State Mortgage Company for citizens of the Kyrgyz Republic living in the country and working abroad. Today the first stage of the program has already been launched.
As one of the largest financial institutions of the country, Eldik Bank integrates the principles of sustainable development into its activities, which provide for a number of priority areas. These include financing “green” and climate projects aimed at minimizing CO2, improving the environmental situation (preferential gasification of the population), construction of renewable energy sources (small hydroelectric power plants, wind farms), support for women's entrepreneurship (loan product “Ishker Ayim”) and others.
“Eldik Bank” is rapidly scaling up, while remaining a stable and reliable financial institution, whose indicators are growing year after year.
Eldik Bank - 28 years with the people!
