OJSC “GUARANTEE FUND” AND OJSC “OPTIMA BANK” A CONCLUDED COOPERATION AGREEMENT ON JULY 15

New partner bank.

     On July 15, in the office of OJSC “Optima Bank”, a Cooperation Agreement was signed between OJSC “Guarantee Fund” and OJSC “Optima Bank”. The document was signed by the Chairman of the Management Board of the OJSC “Guarantee Fund” Malik Abakirov and the Chairman of the Management Board of OJSC “Optima Bank” Beibut Kapyshev.

 Now Guarantee Fund has 12 partner banks: Aiyl Bank, RSK Bank, Kyrgyzstan CB, Bank of Asia, FINKA Bank, Companion Bank, Demir Kyrgyz International Bank, KICB, Halyk Bank Kyrgyzstan, BTA Bank, Bakai Bank and Optima Bank.

Thanks to cooperation with banks, as of July 15, 2019, GF issued 902 guarantees to entrepreneurs in the amount of KGS 1.169 billion. Under these guarantees, partner banks approved loans in the total amount of 3.992 billion.

The share of 11 partner banks in the banking system (BS) was very significant. For example, as of June 1, 2019, their share in BS assets was 67.7%, in capital – 61.3, in the loan portfolio – 68.3, in profit – 122.2, in the branch network – 72.4%.

With the Optima Bank, these shares have increased significantly: the share of assets of 12 partner banks of BS assets now amounts to 82.7%, of capital – 73.3, of the loan portfolio – 85.1, of profit – 151.2, from BS branches – 78.6%.

Information: Optima Bank has been on the market since 1992. It is one of the three leaders in the banking system of Kyrgyzstan. At the end of 2018, it took first place among banks in terms of assets, customer deposit base, and net profit. It has 52 branches in different regions of the republic.

Repeatedly recognized as a leader in the nominations “Best Bank of Kyrgyzstan”, “Best Listing Bank” and “Issuer of the Year”.