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Bank mission

Together we create
a better future

We create conditions for financial stability for our customers, expand access to banking services and strive to provide first-class service.

Bank History

1997 year -

Mercy Corps started to implement the first-ever microlending program in Kyrgyzstan.

1998 year -

Mercy Corps launched its own program for lending to small and medium-sized businesses. At the time, Mercy Corps was the first organization in Kyrgyzstan that offered loans for small and medium-sized businesses to individual entrepreneurs.

2003 year -

Mercy Corps and its five microcredit agencies made a landmark decision to consolidate assets throughout Kyrgyzstan for the purposes of establishing a national community development financial institution―Kompanion. In February the program was registered as the local microcredit agency, and Mercy Corps became its founder.

2004 year -

In October, Kompanion was registered with the National Bank of the Kyrgyz Republic.

2005 year -

Kompanion and Mercy Corps launched a joint project "Yabloko", which framework included trainings on the proper care of the fruitery gardens, held for the communities of Tosor and Tamga villages in the Issyk-Kul region

2006 year -

Kompanion began holding annual apple festivals. The reason behind the first festival was the desire of Kompanion employees to help rural communities in the Issyk-Kul region to develop horticulture and strengthen market ties between sellers and buyers of agricultural products.

2007 year -

The project "Gardens and Plastic" was launched aiming at reducing the harmful effects of plastic waste on the environment of the Issyk-Kul region. Campaigns to collect plastic were held in many areas of the region. The project participants received press machines for plastic waste as a gift from Kompanion, as well as assistance in selling the collected plastic for its further processing. More than 200 tons of plastic waste were removed from the territory of the region.

2009 year -

"The "Ecology and Gardens" project was launched, which is dedicated to the management of agricultural waste and the further development of horticulture in the country. Within the framework of this project, 30 communities from all regions of Issyk-Kul oblast and Kochkor region of Naryn oblast. 3,000 project participants were trained in seasonal agro-technical gardening, and also convinced of the need for proper management of agricultural waste. Community residents began to understand the importance of using organics in the preparation of fertilizers for the soil."

2010 year -

A community technical support department has been created, which includes 32 highly qualified specialists in the field of agronomy and veterinary. " This year, as part of the "Waste Management" and "Eco San" projects, construction works for composting facilities and sanitary landfills were launched.

2013 year -

The initiatives 'EcoGarden' and 'Livestock Management' have been launched, aiming to actively educate the population on the use of organic fertilizers. Additionally, in remote high-altitude communities this year, the 'Suitcase Garden' and 'Greenhouse' projects have commenced, with the goal of enhancing food security in the country.

2014 year -

Project “Smart Investments and Smart Savings”. Every year Bank Кompanion develops a package of materials for rural residents with examples of “smart investments” and “smart savings”. Materials were developed on the following topics: “Intensive fattening of bulls” and “Culling of livestock”, which are aimed at reducing the pressure on pastures, strengthening livestock breeding and increasing incomes of the population.

2015 year -

The Asyl Mal project has been launched, which aims to educate the population on the proper maintenance of dairy cows and the efficient use of pastures. With this aim, Bank Кompanion began to educate the population of remote regions of the country, developing a training course on “Pasture and Livestock Management”. Also, as part of the project, the bank developed and implemented preferential credit facilities.

2016 year -

Bank Кompanion received a banking license. In the same year, within the framework of the "Bekkari Utilization Pits" project, Bank Кompanion provided financial and consulting support to two communities in the Ak-Suu district of the Issyk-Kul region for the construction of a Bekkari pit. The implementation of this project enabled the proper disposal of livestock carcasses and animal husbandry waste through biothermal disinfection, contributing to the reduction of contamination and the preservation of pastures.

2017 year -

Project “Protection of pastures from plastic waste”. Bank Кompanion also conducted trainings on the dangers of plastic waste for pastures, several times initiated environmental campaigns to clean up pastures from plastic waste.

2018 year -

Bank Кompanion participates in organizing financial literacy trainings for the population.

2020 year -

Training modules are being developed to educate different segments of the population, such as migrant families, migrants, students and schoolchildren and others, on financial literacy. Every year Bank Кompanion conducts more than 1,000 trainings for 10,000 participants.

2023 year -

Bank Кompanion received an award in "Bank of the Year for promoting QR-code payments" nomination class from the Interbank Processing Center.

2023 year -

Bank Кompanion was the first in the Kyrgyz Republic to join the Global Association of Banking Values (GABV)

Bank Achievements

Gold Certificate from CERISE+SPTF

Kompanion Bank received the Gold Certificate of Compliance with Client Protection Principles from CERISE+SPTF.

Bank Кompanion - the best employer according to "Cheksiz"

Bank Кompanion has earned the title of the best company for creating conditions and infrastructure for individuals with disabilities, as well as being recognized as the 'Best Regional Employer' in the 'Cheksiz' competition.

Bank Кompanion join the global alliance for banking on values (GABV)

CJSC Bank Кompanion is the first in the Kyrgyz Republic to join the Global Alliance for Banking on Values (GAVB). This decision was announced at the Alliance's annual meeting on April 18 in New York.

The Bank of the Year for Advancing QR Code Payments

In 2021, Bank Кompanion was awarded the title of 'Bank of the Year for Advancing QR Code Payments' by the Interbank Processing Center.

EUROPEAN MICROFINANCE AWARD

In November 2014, Bank Кompanion became the first organization in Central Asia to have the honor of winning the 5th European Microfinance Award. The Award is granted to financial institutions for their innovative ideas with a view to promote best practices.

CLIENT PROTECTION PRINCIPLES

In April 2017, the Kompanion Bank successfully passed the independent certification of the rating agency MicroFinanza Rating, once again confirming the implementation of the principles of protecting customers globally promoted by Smart Campaign.

"Α-" rating

In April 2014, Bank Кompanion received an "α-" rating from international rating agency M-CRIL (Micro-Credit Ratings International Limited). This high insitutional rating signifies that Kompanion is a sustainable and financially sound organization focused on building long-term relationships with clients.

Bank of the Year for Promoting QR Code Payments

In 2023, Bank Кompanion was recognized as the "Bank of the Year for Elcart Contactless Card Issuance."