Eldik Bank Opens New Head Office, Marking 100 Years of Savings in Kyrgyzstan

Bishkek celebrated the opening of Eldik Bank's new head office, an event coinciding with the 100th anniversary of savings institutions in Kyrgyzstan. The ceremony was attended by President Sadyr Japarov, National Bank Chairman Almaz Baketaev, and other banking officials, who hailed the development as a new era for the nation's financial system.

President Japarov traced the history of savings institutions back to 1925, noting their evolution from simple deposit and transfer services to the complex, digitalized financial system of today. He emphasized that the bank's century-long journey represents the hard work of generations, the trust of millions, and the strengthening of Kyrgyzstan's statehood. Japarov described the country as being in a phase of a "new financial model," where banks should actively drive long-term investments and development, not just hold money.

He also highlighted Eldik Bank's significant role, identifying it as one of the largest banks with a capital exceeding 80 billion som. The bank is already involved in major infrastructure, energy, and social projects, including hydroelectric power stations and support for education and healthcare. "This is not just a new building – it is a symbol that we are confidently moving forward," Japarov stated.

National Bank Chairman Almaz Baketaev underscored the bank's historical continuity and its systemic importance. He referred to Eldik Bank, meaning "People's Bank," as more than just a financial institution, but a structure with a century of history and deep roots. Baketaev noted the bank's role in implementing large state and social projects, stressing that its stability is crucial for the entire economy. Plans for international market expansion were also mentioned.

Beksultan Tokonov, head of the State Agency for Management of State Property, spoke emotionally about the bank as a "living institution of trust," representing a century of stability and service to the people.