Bishkek, Dec. 2, 2025. /Kabar/. Kyrgyz Stock Exchange (KSE) is expanding its range of services and holding auctions for deposits with commercial banks and microfinance companies on its trading platform.
According to the ministry, KSE held working meeting with representatives of development funds, private pension funds, state-owned companies, and insurance companies. Participants were given detailed explanation of the deposit auction mechanism, the participation procedure, and the opportunities for initiating an auction to place their own funds through the Exchange's electronic platform. According to Aida Chodulova, KSE Acting General Director, the Exchange already has successful experience conducting such placements.
"The Ministry of Finance previously placed 24 billion soms with commercial banks through the KSE's electronic platform." The auction consisted of three lots with terms ranging from 12 to 36 months and attracted the participation of 12 banks across the country. The auction initiator independently determines the interest rate and selects the bank offering the most favorable terms. Therefore, this instrument is an effective mechanism for quickly placing funds and attracting deposits at attractive rates," noted Chodulova.
Organizations willing to participate must:
- hold a valid license from the National Bank of the Kyrgyz Republic;
- have been operating profitably for at least two years;
- have an external audit report;
- have no tax arrears or other obligations to the state.
Holding such auctions allows for the expansion of the range of investment instruments and contributes to the development of the country's financial market.