Bailyk Finance Microcredit Company Llc

Bailyk Finance Microcredit Company Llc

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Last update: Dec 6, 2024 Last update: Dec 6, 2024
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Details

Legal residence:Kyrgyzstan
Organization type:Financial service provider
Funding agencies:Other
Other
Sectors:Micro-finance
Micro-finance
Sanctions:Check now
Status:
Active

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About

The history of our company began in 2011. The most significant events occurred in 2013, when the Company revised its views and made a number of changes, starting with an increase in the amount of capital, up to the attraction of professional Management.

In just 10 years of operation, LLC “MCC” “Bailyk Finance” became one of the three largest microcredit companies in the country. To date, LLC “MC “Bailyk Finance” is trusted by more than 35,000 Kyrgyz people and this figure is constantly growing.

Bailyk Finance is currently the third largest micro-finance institution in Kyrgyzstan. As of end-March 2021 BF reported net loans of USD 22.9m, total assets of USD 27.1m, equity of USD 5.2m (under IFRS) and regulatory CAR of 18%.

 

 

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