Eldik Bank made its debut placement of ESG bonds

“Eldik Bank” is proud to announce the successful placement of its debut Sustainable Development Bonds (ESG bonds) on the Kyrgyz Stock Exchange platform.

The total issuance volume amounted to 200 million KGS, with a maturity period of 36 months and an annual interest rate of 11%. It is worth noting that 100% of the ESG bond issuance was acquired by the State Accumulation Pension Fund under the Social Fund of the Kyrgyz Republic.

This bond issuance marks a significant step in the bank’s strategy to attract funding for sustainable development projects, as well as to promote greater social responsibility and environmental sustainability in Kyrgyzstan. Through the issuance of these bonds, “Eldik Bank” has demonstrated its commitment to global ESG standards and its dedication to supporting environmentally friendly and socially impactful projects in the country.

— This is an important milestone for our bank and the market as a whole. We are confident that the successful placement of sustainable development bonds will open new opportunities for investors interested in projects that positively impact society and the environment. We will continue to enhance the sustainability of our financial solutions and attract additional resources to implement important initiatives, — noted Ulanbek Nogayev, Chairman of the Management Board of “Eldik Bank” OJSC.