Assalamu Aleykum to All,
My name is Azamat Kaybaliev, I am a specialist of Investment Attraction Department of Local BANK of Kyrgyzstan.
The main function of our Department is to seek and attract investors to our country, Kyrgyzstan (Central Asia).
We offer business plans and projects of local companies and businessmen to potential investors. Where our Bank by providing all the guarantees for investors,and also takes the responsibility before both sides (investor and investment recievers) for realization of the project. (including effective use of financial resources, etc).
We would like to present to your attention the information on our bank, as about the potential partner on investments into Kyrgyzstan.
Joint Stock Investment Bank "Issyk Kul" has been created on May 6, 1993 as the first regional bank, in center of Issyk-Kul region, Karakol. More than ten years our bank actively functions in the financial market of Kyrgyzstan, for this time the Investbank "Issyk Kul" has achieved significant results in bank business. In 1996, the bank moved to Bishkek, created six branches in three areas of Kyrgyz Republic, the plans are to expand incidence in all areas of the Kyrgyz Republic. The bank has legal firm "Ferz" where known lawyers and jurists work.
The founder and the head of Investbank "Issy-Kul" is Mr. Baykojoev Bolot Mukashevich, the experienced economist of the Kyrgyz Republic and the State Adviser of 2-nd class, the deputy of Jogorku Kenesh (Parliament) of the Kyrgyz Republic of two convocations (1995-2000, 2000-2005), the highly professional expert having a huge operational experience in the field of economy and the finance. The Investbank "Issyk-Kul" carries out practically all kinds of operations in foreign and national currency, actively works in the internal interbank markets: currency, credit and a securities market.
From the date of formation of bank, authorized capital has increased 35 times and now equals to 35 million som (the national currency of Kyrgyz Republic 41som equals to 1$).
Investbank "Issyk Kul" has gained reputation of fair and responsible bank, among its clients and partner banks. It fulfills its obligations on time, and characterized as stable and profitable bank.
The main orientations of activities of bank are investment to rural economy of Issyk-Kul region, tourism, small-scale and average business.
Now our bank has determined the strategic purposes such investment in process industry and construction, further development of tourism, sports and rest in water area of "Issyk Kul" lake. Thus according to our researches and forecasts after ten years of stagnation in Kyrgyzstan, the tendency of steady growth of economy is being outlined in 2003. Positive shifts are traced almost in all spheres of economy.
In our opinion, especially perspective such branches, as construction of habitation, boarding houses, rest houses (due to development of the mortgage, sale and purchase of the land), the light and processing industries (introduction of leasing). At the same time, these branches are already retrograded and demand big capital investments that domestic banks cannot provide. This is also deterrent in development of these branches.
We are ready to realize cooperation with you and in your person; we would like to get the business-like and reliable partner for mutually beneficial cooperation. Forms and conditions of investments can be various, within the framework of global experience and economic practice. The main thing we offer is cooperation based on reliability, openness, integrity with the partner, flexibility, efficiency and sagacity on the financial market.
Please, let us know what sector are you interested in, what other information you need. We will be glad to provide you with any kind of data.
Those who are interested and who needs more detailed info, please, contact Us via mail or send me a message.
Best Regards, Azamat Kaybaliev (kaybaliev@hotmail.com).
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