Kyrgyz Finance Ministry became largest shareholder of KSE

Bishkek, Sept 23, 2025. /Kabar/. This year has been a landmark year for t Kyrgyz stock market. Acting President of Kyrgyz Stock Exchange (KSE), Aida Chodulova, announced this at a press conference at the Kabar news agency.

According to her, historic events have taken place on KSE platform, opening a new stage in the development of the national financial system and creating a solid foundation for strengthening the country's economy.

She noted that on September 15 of this year, the Ministry of Finance of the Kyrgyz Republic became the largest shareholder of Kyrgyz Stock Exchange. The state now owns 62.17% of the exchange's shares.

On September 17 and 19, the first cash auctions were held to place funds from the easing account into commercial bank deposits totaling 24 billion soms, which were successfully fully placed through the KSE platform, she said.

Aida Chodulova added that this year, the Kyrgyz Stock Exchange (KSE) also began a large-scale technical upgrade.

With the help of a grant from the Eurasian Development Bank, we purchased modern server equipment and implemented the QUIK trading system, which will allow investors to work online from computers and mobile apps. Commercial launch is scheduled for the second half of October 2025. Furthermore, in September, the private placement of sustainable development bonds by CJSC KICB, which were acquired by the International Finance Corporation (IFC), began. The total issue volume was 1.35 billion soms at a rate of 12.5%. This step was an important signal in the development of a 'green' segment in the Kyrgyz stock market, Chodulova stated.