"AYIL Bank" Officially Renamed

Сергей Мацера Economy
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The National Bank of Kyrgyzstan officially replaced the licenses of the open joint-stock company "Aiyl Bank" on March 12, confirming the new name of the institution as "ABank." As part of this change, both the full and abbreviated names were adjusted:

The decision to change the name was made at an extraordinary shareholders' meeting held on February 2.

The history of "Aiyl Bank" began in 1996 when the government of Kyrgyzstan established it with the support of the World Bank as the "Kyrgyz Agricultural Finance Corporation" (KAFC) with the aim of financing private farmers and rural producers. Later, on December 27, 2006, this corporation was transformed into OJSC "Aiyl Bank."
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