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ATF Kyrgyzstan

Sector: Commercial • Location: Kyrgyz Republic

Source: International Finance Corporation (IFC)

Project
Completed

The proposed transaction is a loan of up to $15 million to ATFBank-Kyrgyzstan (the “Bank”) to support the Bank’s lending to small and medium-sized enterprises (SMEs) by replacing funding which is being withdrawn. The Bank was established in 1992 as Energobank and renamed as ATFBank-Kyrgyzstan in 2006 after ATF Bank of Kazakhstan became the Bank’s major shareholder.As of end-2008, ATF Kyrgyzstan wa

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Project Information

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The project “ATF Kyrgyzstan” is an infrastructure initiative in the Commercial sector, located in Kyrgyz Republic. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Description

Description

The proposed transaction is a loan of up to $15 million to ATFBank-Kyrgyzstan (the “Bank”) to support the Bank’s lending to small and medium-sized enterprises (SMEs) by replacing funding which is being withdrawn. The Bank was established in 1992 as Energobank and renamed as ATFBank-Kyrgyzstan in 2006 after ATF Bank of Kazakhstan became the Bank’s major shareholder.As of end-2008, ATF Kyrgyzstan was the second largest bank in the country with total assets of $156 million. The Bank had the largest loan portfolio among the banks in the country with a share of 18% in total bank credits. Its loan portfolio consisted of 22% corporate, 29% retail, 49% SME exposure.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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