On July 25, 2023 Bakai Bank management met with the IsDB expert mission where all current issues of the Islamic banking development in the Kyrgyz Republic were discussed.
Work aspects of the Islamic Financial Center and opportunities for cooperation were discussed. Special attention was paid to the launch of investment instruments, advanced training and traineeship of employees in foreign banks working on Islamic principles of financing.
"Cooperation with the world leaders in the field of banking will help further development of the IFC and the expansion of the product line", - said the Chairman of the Management Board of Bakai Bank Nurgul Satarova.
In turn, the IsDB representatives spoke positively about the development of Islamic banking in the country and expressed the intention of further cooperation.
BAKAI Begins Issuing Elcard+ Trade Union Cards, with Kyrgyz Pochtasy Employees the First to Receive Them16 October 2026
Read more
Moody’s Upgrades BAKAI’s Rating to B2, Reflecting Stronger Creditworthiness Across Key Measures9 October 2026
Read more
BAKAI scored 71 points in the S&P Global CSA ESG assessment and ranked among the top 9% of the global banking sector8 October 2026
Read more