FINCA Bank is one of the leading banks of Kyrgyzstan

FINCA Bank holds the third place in respect of financial indicators for 2016 among 25 banks of Kyrgyzstan. On June 02, the Tazabek business-edition – a unit of the AKIpress news agency (The LLC “Kyrgyzstan Agency of Commercial Information”) – announced the results of the annual project “The best bank of the year” and presented the awards to the winners.

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Azamat Maksytbekov, the Deputy Chairperson of the Management Board, took the prize on behalf of FINCA Bank.

 

As Alina Saginbaeva, the Director of the AKIpress said during the ceremony, the news agency has been making the rating of banks since 2002, and the Tazabek – since 2011.

 

In the course of rating of financial institutions, five absolute (total assets, owned capital, net profit, net loans (the total loan portfolio of the banks) and the deposit portfolio) and five relative indicators (ratio of net profits to net worth, ratio of net profits to assets, ratio of net loans disbursed to the clients to liabilities, ratio of owned capital to equity capital, and the ration of owned capital to assets) are taken into consideration.

 

FINCA Bank which obtained the banking license two years ago, has become one of the leaders leaving behind some permanent participants of the top three of previous years, which was a surprise for the authors of the rating, Alina Saginbaeva said during the event.

 

You can familiarize yourself with the results at the Tazabek web-site: http://www.tazabek.kg/news:1386212?from=tazabek&place=mainlast

 

Interviews with the representatives of the winning banks are also published here: http://www.tazabek.kg/news:1386839?from=tazabek&place=mainlast