The mortgage company increased its capital to 87.5 billion soms – president

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During the opening ceremony of the residential complex "Asman Residence-4," held in the Jalal-Abad region, the President of Kyrgyzstan, Sadyr Japarov, announced that over the past nine months of this year, 3,621 citizens who contributed 50% of the apartment's cost through shared construction were able to receive subsidized housing.

According to the head of state, the authorized capital of the State Mortgage Company has increased from 10 million soms in 2015 to 87.5 billion soms today.

Additionally, the digitalization of the housing application process and the launch of the mobile application "Tündük" have contributed to the automation of the queue and the reduction of corruption risks.

Currently, more than 13,000 families have already received apartments, while over 69,000 citizens are waiting for their turn under the state program," the president added.
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