This rating highlights BAKAI's strong position in the financial market of Kyrgyzstan, high capitalization levels, and good liquidity indicators.
As of August 31, 2025, the bank's assets amounted to 107.3 billion soms (approximately 1.23 billion USD), placing it fourth among banks in the country.
BAKAI holds 9.2% of the market in loans and 11.4% in deposits.
The bank actively works with corporate clients, small and medium-sized enterprises, as well as individuals. In recent years, there has been growth in the corporate segment—BAKAI provides comprehensive solutions for SMEs and tailored offerings for large companies.
S&P noted a significant increase in BAKAI's profitability after 2022, attributed to the expansion of foreign currency operations and growth in the client base.
The bank is also actively investing in improving compliance processes and AML systems, ensuring its adherence to international regulatory standards.
S&P analysts expect that over the next 12–18 months, BAKAI will maintain stable asset quality indicators, as well as adequate levels of capital and liquidity.
"The stable outlook demonstrates our confidence that BAKAI will continue to uphold high asset quality and a conservative approach to risk management, remaining an important player in Kyrgyzstan's banking sector," the S&P Global Ratings report states.
BAKAI is one of the largest private banks in Kyrgyzstan and has been operating for over 25 years.
The bank offers a variety of financial solutions for individuals and legal entities, including loans, deposit products, remote services, and international transfers.
