About Bank

Our mission - To become a good friend to our client, to be more than just a partner.

Our vision is a universal and dynamically developing Bank.

We provide banking services to individuals, small and medium-sized businesses, corporate clients, and also are actively developing the Private Banking sector.

For 25 years of its operations Bakai Bank has grown from a small private bank to a major player in the financial market of Kyrgyzstan.


A significant achievement in 2018 was the opening of the Islamic Finance Center of Bakai Bank. The Bank became the first conventional financial institution to also be licensed to operate according to Islamic principles. Moreover, Bank Bakai was the first in the CIS to become the leader of this promising direction in the entire post-Soviet space. Islamic Financial Center of Bakai Bank offers a full range of financial services based on Islamic principles of banking. The center operates in accordance with international Shariah standards. This means that such a concept as usury is completely excluded. As a result, the products of the Islamic Finance Center of Bank Bakai have become more profitable for customers. It is important to note that anyone can use the services of the center, regardless of religion.

"Islamic Financial Center" is the first Islamic window in Kyrgyzstan and in the CIS, established under OJSC "Bakai Bank" and providing financial services on Islamic principles. The IFC has received a license from the NBKR, which allows to carry out financing according to Islamic principles of financing. The IFC carries out its activities in accordance with the Law of the Kyrgyz Republic "On the National Bank of the Kyrgyz Republic, Banks and Banking", regulations of the NBKR and Shariah standards of the Accounting and Auditing Organization of Islamic Financial Institutions (AAOIFI).
The purpose of "Islamic Financial Center" is to make a significant contribution to the development of the Islamic financial system of the country. The IFC will offer individuals and legal entities the most complete line of Islamic finance products.


The year 2020 was a favorable stage in the development of Bakai Bank, despite the events that took place in the world. At the beginning of the year the Bank was reorganized by merging BTA Bank CJSC. This allowed the Bank to take the 4th place in terms of authorized capital in the banking sector.

Reorganization took place in the form of a merger, which meant the termination of operations of the merged bank - BTA Bank CJSC with transfer of its rights (assets) and obligations (liabilities) in accordance with the transfer act to the merging bank - Bakai Bank OJSC.

  • March 2019: Shareholders of BTA Bank CJSC and Bakai Bank OJSC decided to merge the two banks by selling shares of BTA Bank CJSC to Bakai Bank OJSC.
  • June 2019: The National Bank of the Kyrgyz Republic authorized Bakai Bank OJSC to acquire shares of BTA Bank CJSC.
  • October 2019: The National Bank of the Kyrgyz Republic issued the authorization to Bakai Bank OJSC to merge with BTA Bank CJSC.
  • January 2020: The final stage of reorganization - re-registration of "Bakai Bank" OJSC by the Ministry of Justice.

Customers of both banks became Bakai Bank's customers. All previously concluded agreements continue to be in force until their expiration date. Cards, accounts, deposits and other products and services received by the customers of BTA Bank all continued to be received on the same terms and conditions after completion of the reorganization.

Also in 2020, Moody's assigned a rating to Bakai Bank, making it the only bank in Kyrgyzstan with an international credit rating. In 2022, despite the agency's downgrade of the country rating, the Bank's underlying credit assessment remained at B3.

Operations with bullion of precious metals issued by other than the NBKR

By the decision of the Board of the National Bank of the Kyrgyz Republic dated November 18, 2020, "Bakai Bank" was granted the right to conduct operations with precious metals in the form of refined standard and measured bars of other issuers and coins of the bank. silver, gold and platinum of high sample in cash. Previously, the bank could conduct operations only with cash precious metals issued by the NBKR.