Provisional administration regime extended at Eurasian Savings Bank
The Board of the National Bank of Kyrgyzstan decided to extend the special regime of provisional administration at Eurasian Savings Bank OJSC. Website of the bank says.
The regime is extended from December 23 for six months. Ulan Bazarkulov remained the provisional administrator.
The provisional administration regime will continue until the bank brings its authorized capital to the minimum legal requirement of 600 million soms.
Eurasian Savings Bank OJSC is former KyrgyzCreditBank.
It was renamed in April 2016. The conservation regime has been in effect since January 31, 2011 in connection with the initiation of a criminal case against shareholders and officials. After that, shareholders were changed, and the Prosecutor General’s Office confirmed absence of charges against them.
In May 2022, the control block of shares of the bank was transferred from the State Property Management Fund to the Ministry of Digital Development. By the way, it was planned to hand over Alfa Telecom CJSC to the same department, but in the autumn of this year it was decided to privatize the company.
This week it was reported about changes in the list of holders of securities of Eurasian Savings Bank OJSC. Alfa Telecom CJSC (Mega trademark) acquired 1.4 million shares. The company now holds 9.42 percent of the bank’s authorized capital. The cost of shares is 28,269.6 million soms.
