"AYIL Bank" has officially been renamed

Елена Краснова Economy
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On March 12, the National Bank of Kyrgyzstan conducted a license replacement for the joint-stock company "Aiyl Bank," which is associated with the change of its full and abbreviated name:

At an extraordinary general meeting of shareholders held on February 2, a decision was made to rename.

The OJSC "Aiyl Bank" was established by the government of Kyrgyzstan in 1996 with the support of the World Bank as a financial and credit institution "Kyrgyz Agricultural Finance Corporation" (KAFС). The main goal of KAFС was to provide loans to private farmers and rural producers. On December 27, 2006, a decision was made to transform OJSC "Kyrgyz Agricultural Finance Corporation" into OJSC "Aiyl Bank."
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