Kompanion Bank Kyrgyzstan

Key details

• Launch: 2004

Overview

Kompanion Bank Kyrgyzstan is Kyrgyz microfinance + commercial bank + Mercy Corps US international NGO parent ~100%+ controlling + one of Kyrgyzstan's largest microfinance + commercial banks by rural branch network + founded 2004 in Bishkek Kyrgyzstan as Mercy Corps Kompanion microfinance organisation then 2014 Kompanion Bank full commercial banking license [1, kg-cro].

History

2004 — Mercy Corps Kompanion microfinance organisation founded in Bishkek Kyrgyzstan by Mercy Corps US international NGO parent as rural microcredit pilot for Kyrgyz smallholder farmers.

2014 — Kompanion Bank full National Bank of the Kyrgyz Republic NBKR commercial banking license consolidating Mercy Corps Kompanion microfinance brand into commercial banking.

Ownership & operator

Operating entity: Kompanion Bank CJSC (Kyrgyz microfinance + commercial bank).

Major shareholders: Mercy Corps (US international NGO parent) ~100%+ controlling.

Regulators: National Bank of the Kyrgyz Republic NBKR.

Technical integration

Kompanion Mobile app (iOS + Android) + kompanion.kg online + Kompanion Bank branch + microfinance branch network across Kyrgyzstan + Kompanion Visa + Mastercard + Elcart cards (Kyrgyz national card scheme); Elcart national card scheme + EMVCo QRCPS QR payments + Kyrgyz Som KGS domestic transfers.

Implementations & partners

Parent group: [[mercy-corps]] (Mercy Corps; US international NGO; Portland Oregon US; global humanitarian + development non-profit).

Major Kyrgyz banking + payments competitors: [[mbank-kg]] (MBank Kyrgyzstan; ~2M+ MBank users) + [[optima-bank-kg]] (Optima Bank Kyrgyzstan; Halyk parent) + [[demir-bank-kg]] (Demir Kyrgyz International Bank) + [[kicb-kg]] (KICB Kyrgyz Investment and Credit Bank) + [[bakai-bank]] (Bakai Bank) + [[halyk-bank-kg]] (Halyk Bank Kyrgyzstan) + [[rsk-bank-kg]] (RSK Bank Kyrgyzstan).

Regulators: National Bank of the Kyrgyz Republic NBKR.

Status

Active, Kyrgyz microfinance + commercial bank + Mercy Corps US international NGO parent ~100%+ controlling + one of Kyrgyzstan's largest microfinance + commercial banks by rural branch network + founded 2004 in Bishkek Kyrgyzstan as Mercy Corps Kompanion microfinance organisation then 2014 Kompanion Bank full commercial banking license [1, 2].

Sources

• 1 Kompanion — official
• 2 Kompanion — Wikipedia
• kg-cro In-corpus: reports/countries/KG-kyrgyzstan.md

Source

Biography extracted from kompanion-bank.md. See matrix.md for standards-support matrix if present.