The international rating agency S&P Global Ratings has assigned BAKAI long-term and short-term issuer credit ratings of “B/B” with a Stable Outlook.

The rating reflects BAKAI’s solid position in the Kyrgyz financial market, an adequate level of capitalization, and strong liquidity indicators.

As of August 31, 2025, BAKAI’s assets totaled KGS 107.3 billion (approximately USD 1.23 billion), ranking it fourth among the country’s banks. The bank’s market share stands at 9.2% in loans and 11.4% in deposits.

BAKAI serves corporate clients, small and medium-sized enterprises (SMEs), and individual customers. In recent years, the corporate segment has shown steady growth - the bank now offers comprehensive packages for SMEs and customized products for large enterprises.

S&P highlighted the significant improvement in BAKAI’s profitability since 2022, driven by the expansion of foreign currency operations and a growing client base.

BAKAI continues to invest actively in compliance and AML systems, ensuring transparency and alignment with international regulatory standards.

S&P analysts anticipate that over the next 12-18 months, BAKAI will retain stable asset quality, a sufficient capital buffer, and robust liquidity levels.

“The stable outlook reflects our confidence that BAKAI will continue to demonstrate resilient asset quality and conservative risk management while maintaining its role as a key player in the banking sector of the Kyrgyz Republic,” S&P Global Ratings stated in its report.

BAKAI is one of the largest private banks in Kyrgyzstan, operating for over 25 years.

The bank provides a full range of financial services for individuals and businesses, including lending, deposit products, remote banking, and international transfers.