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Kompanion participated in the Bishkek International Financial Forum

25 May 2015

On May 22of 2015 the Bishkek International Financial Forum BIFF2015 took place, which is an annual international event with the participation of financial and credit institutions, leasing companies, international organizations, suppliers of technical decisions for  financial and credit structures and etc.

 

Forum BIFF2015, which is conducted by the Union of Banks of Kyrgyzstan is an ideal platform to discuss the last trends and perspectives of further development of the country’s financial sector.

Within the frames of this event, the participants of the forum discussed the wide range of hot topics: leasing and contract financing, new banking technologies, products and mobile payments, financial literacy and corporate management, principles of Islamic finance.

The Deputy Chairman of the Executive Management of Kompanion Financial Group MFI CJSC Marlis Duishegulov did a presentation on a topic of “Complexity, challenges and opportunities of the principles of microfinance in the Kyrgyz Republic.” He told about the structure, main products and achievements of the microcredit company Kompanion Invest, which harmonizes its activities with the principles of Islamic microfinance. Duishegulov also shared the information about the challenges that the company faced during the initial period of development and answered the questions of the forum participants.

Background: Kompanion Invest – subsidiary microcredit company of Kompanion Financial Group, established in November of 2011. The organization functions in the South of Kyrgyzstan and offers for the people financial products and services, which follow the Islamic law.

 

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