Kyrgyzstan President Opens Eldik Bank Head Office on Savings System's 100th Anniversary

Kyrgyzstan's President Sadyr Japarov inaugurated the new head office of Eldik Bank OJSC in Bishkek, an event that also marked the 100th anniversary of the nation's savings system. The President highlighted the dual significance of the occasion, emphasizing its historical and symbolic importance for the country's entire banking sector.

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Today is a special day for the entire banking system of Kyrgyzstan. We are celebrating the 100th anniversary of savings system and simultaneously opening the new head office of Eldik Bank. These two events have symbolic and historical significance.

Japarov recalled the origins of Kyrgyzstan's banking system, which began with the establishment of state savings offices in 1925. He noted the system's evolution from these early institutions into the modern financial landscape of today. Eldik Bank, he stated, stands as one of the country's largest banks, contributing significantly to the implementation of state strategic goals.

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This is a financial institution with capital exceeding 80 billion soms, which ensures the availability of financial services and strengthens citizens’ trust in the banking system.

With capital exceeding 80 billion soms, Eldik Bank is crucial for ensuring access to financial services and bolstering public confidence in the banking system. President Japarov outlined Kyrgyzstan's commitment to a new phase of banking development, prioritizing digitalization, innovation, and enhanced public service quality. Digital transformation, including cashless payments and electronic government services, is a key state policy.

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Digital transformation is one of the priorities of state policy. We are consistently developing cashless payments, electronic government services, digital identification systems, and modern banking technologies.

The President also pointed to Eldik Bank's international achievements, such as its $500 million Eurobond issuance on the London Stock Exchange and accreditation with the Green Climate Fund. These accomplishments, he noted, signal international investor confidence not only in the bank but also in the ongoing reforms within Kyrgyzstan. He concluded by congratulating the bank's staff and citizens, expressing hope that the new headquarters would symbolize continued success and prosperity.

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May the development of the savings system continue, and may the new head office of Eldik Bank become a symbol of success and prosperity.