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  • Awarding Certificate of Appreciation

    Awarding Certificate of Appreciation

    On June 15, the Chairman of OJSC “Guarantee Fund” Malik Abakirov awarded the Chairman of OJSC “Aiyl Bank” Murat Akimov a Certificate of Appreciation of OJSC “Guarantee Fund” for the contribution to the Guarantee System Development in Kyrgyzstan.

    The Chairman of OJSC “GF” highlighted successful work of OJSC “Aiyl Bank”, who is a leader of the banking system of the KR in the field of agriculture loans and leasing and expressed hope for the further mutually beneficial cooperation.

    Murat Akimov, in turn, assured that cooperation will continue as it opens up loan market development prospects and is aimed at SME support and contributes to the economy growth of the Kyrgyz Republic.

    Stages of cooperation:

    On December 27, 2016 OJSC “Aiyl Bank” and OJSC “Guarantee Fund” concluded cooperation agreement.

    On January 31, 2017 OJSC “Aiyl Bank” and OJSC “Guarantee Fund” concluded Memorandum on cooperation, according to which during issuing guarantees to SMEs the following projects will be considered as a matter of priority:

    • directed to creation and modernization of production with reliable market, sustainable raw material supply and components;
    • using financial leasing of fixed assets;
    • directed to creation of new import-substituting productions as well as modernization and reconstruction of existing ones;
    • forming a chain of technologically related productions with high added value and promising from position of entering world markets (export-oriented productions);
    • projects of women entrepreneurs.

    As of June 15, 2017, 33 guarantees out of total 69 guarantees are issued by OJSC “GF” in OJSC “Aiyl Bank”.

    Chairman of the Board of OJSC “Aiyl Bank” Murat Akimov was awarded with Certificate of Appreciation of OJSC “Guarantee Fund”

    Chairman of the Board of OJSC “Aiyl Bank” Murat Akimov was awarded with Certificate of Appreciation of OJSC “Guarantee Fund”

    On June 15, 2017 the Chairman of the Board of OJSC “Guarantee Fund” Malik Abakirov awarded the Chairman of the Board of OJSC “Aiyl Bank” Murat Akimov a Certificate of Appreciation for the contribution to the Guarantee System Development of the Kyrgyz Republic.

    As of June 30, “Aiyl Bank” issued 39 loans to SMEs secured by guarantees of OJSC “GF” in the total amount of KGS 45,5 million. The amount of guarantees constituted KGS 17 million.

    During awarding, the Chairman of OJSC “GF” highlighted successful work of OJSC “Aiyl Bank”, who is a leader of the banking system of the KR in the field of agriculture loans and leasing and expressed hope for the further mutually beneficial cooperation.

    Murat Akimov, in turn, assured that cooperation will continue as it is aimed at SME support and contributes to the economy growth of the Kyrgyz Republic.

    It should be noted that cooperation between OJSC “GF” and “Aiyl Bank” started on December 27, 2016 from the moment of signing Cooperation agreement. January 31, 2017 was the day of signing Memorandum on cooperation according to which the priority sectors for loans to SME projects were determined.

    Among them are projects directed to the creation and modernization of product manufacture with steady market, supply of components and raw materials; creation of new import-substituting productions, modernization and reconstruction of existing ones; export-oriented products manufacture; projects of women entrepreneurs as well.

    For reference:

    Murat Kudaibergenovich Akimov graduated from Management Institute under Irkutsk State University in 1998 (Accounting and Audit) and obtained a master degree at the Academy of Management under the President of the Kyrgyz Republic (Management) in 2000. In “Aiyl Bank” he has been working since 2002: he started his activity from the positions of a credit, leading then senior specialist of various branches of the bank. Since 2008, he worked as a manager, then as a head of Credit Management Analysis and Regional Coordination Department. In 2013-2017 – Deputy Chairman of the Board of OJSC “Aiyl Bank”, and from March 2017 to present – Chairman of the Board of OJSC “Aiyl Bank”.

    For your information!

    The partner banks of OJSC “GF” are OJSC “Aiyl Bank”, OJSC “RSK Bank”, OJSC CB “Kyrgyzstan”, CJSC “Bank of Asia”, CJSC “Finca Bank”, CJSC “Bank Kompanion” and CJSC “Demir Bank”.

    These banks have in total 180 branches; it is 56% of the branch network of commercial banks of Kyrgyzstan. As of September 1 more than 50% of the partner banks branches issue loans to SMEs, partially secured by OJSC “GF” guarantees.