Eldik Bank is a delegate of the World Banking Forum
Eldik Bank became a delegate of the prestigious International Banking Forum "World Banking Forum 2025" in Vienna, Austria. The bank presented priority strategic development areas and initiatives relevant to international trends.
Eldik Bank presented the following key indicators and initiatives: the first and only state-owned bank with an international credit rating from Fitch Ratings at level B, a member bank of the World Savings and Retail Banking Institute (WSBI), the first bank to join the UN Global Compact and its rating of the top 3 credit institutions in the country based on financial indicators. It also announced the receipt of a license to carry out depository activities in the securities market and the creation of an international depository.
"Today, Eldik Bank presents a unique GovFinTech case, shaping the perception of the dynamics of the development of the public financial sector of the Kyrgyz Republic," noted Chairman of the Management Board Ulanbek Nogaev, participating in the landmark World Banking event. But also as a reliable partner of the state makes its contribution to the formation of the digital and financial image of Kyrgyzstan on the world stage. Changing the trend from "listener" to "full-fledged participant and speaker" on world platforms. The more the country is represented, the more experienced, the more trust and opportunities for various kinds of partnerships, attracting investments and integrating the interests of Kyrgyzstan into international development agendas.
As a unique case study from Eldik Bank, a single state digital solution was presented to support business within the framework of the tax reform "Ishker24". The organizers of the Forum were attracted by the business case with its trendy smart business model for project implementation. Namely, the collaboration of state-owned companies in different niches - a bank and a telecom operator with the ability to combine potentials, resources, exchange expertise and optimization based on the involvement of existing teams in the companies. Also an effective method of launching a fintech direction in the state banking sector, GR tactics and systemic support from the country's leadership. Advisor to the Chairman of the Board Tatyana Shakhin in her speech noted the uniqueness of the smart solution "Ishker24" in the national market in providing entrepreneurs at a single point through the application of the key range of tax and financial services necessary for an entrepreneur in connection with the implementation of tax reform in the country. The smart solution began to be developed on the initiative of the President of the Kyrgyz Republic S. Japarov in support of business in connection with tax innovations.
The smart application saves time and transfers business interaction with the tax office and the bank to online mode. Completely online, it solves the problem of registering an entrepreneur as an individual entrepreneur, the ability to work online with ESF and ETTN and much more. For small businesses, it also gives the opportunity not to hire an accountant. A social solution with a unique model of monetization and sustainable development.
Deputy Chairman of the Board Medet Tairov in his speech also announced key ESG initiatives, demonstrating a commitment to strategic development not only in terms of digital transformation, but also the global ESG agenda. He presented the debut issue of ESG bonds worth 2.2 million euros, the bank's first in preparing a non-financial report in the field of ESG that meets international standards. He also spoke about plans to build a mini-hydroelectric power station to support renewable energy sources in Kyrgyzstan.
World Banking Forum 2025 brought together about 150 C-level delegates and more than 5,000 online participants from around the world.