Aiyl Bank
Aiyl Bank (ABank) is a Kyrgyz commercial bank founded in 1996, offering retail and corporate banking, government-subsidized agricultural loans, Islamic finance, and money transfer services across Kyrgyzstan, holding National Bank License No. 048.
- Company typePrivate
- Founded1999
- HeadquartersBishkek, Kyrgyzstan
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Aiyl Bank does
Aiyl Bank (also branded as ABank) is a Kyrgyz commercial bank founded in 1996 (or 1999 per some records) headquartered in Bishkek, Kyrgyzstan, operating under National Bank of the Kyrgyz Republic License No. 048. The bank offers a comprehensive suite of retail and corporate banking services, including deposits (up to 14% on som deposits), consumer and business loans, mortgages, agricultural credits, leasing, trade finance (bank guarantees and letters of credit), merchant acquiring, and QR payments. It maintains a specialized agricultural lending program (Program 14) offering government-subsidized loans at 6% annual rates for livestock development, crop cultivation, and water-saving technologies, alongside a Sharia-compliant Islamic finance window supervised by a three-member Shariah Council. The bank distributes products through a physical branch network across Kyrgyzstan, supplemented by digital channels including the ABank Mobile Application (iOS/Android), AB24 mobile banking, and InterBank RS internet banking for legal entities. Revenue is generated primarily through interest income on loans, deposit gathering, money transfer fees (BEREKE, Sendy, SWIFT, MoneyGram, Western Union, Zolotaya Korona, UPT, Astrasend), precious metals trading, and trade finance operations. The bank reported net profit of 7.8 billion KGS over 11 months in 2025, announced by Chairman of the Board Tilek Alimjanov, indicating strong operational profitability within Kyrgyzstan's banking sector.
Aiyl Bank firmographics
Firmographics- Name
- Aiyl Bank
- Legal name
- OJSC "Aiyl Bank" (ОАО "Айыл Банк")
- Website
- https://ab.kg
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Aiyl Bank (ABank) is a Kyrgyz commercial bank founded in 1996, offering retail and corporate banking, government-subsidized agricultural loans, Islamic finance, and money transfer services across Kyrgyzstan, holding National Bank License No. 048.
- Ownership category
- akta.pro rank
Aiyl Bank industry classification
Industry- Product category
- Commercial Banking
- NAICS
- Commercial Banking (52211)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Islamic Transaction Banking (Cash Management & Treasury Services) (FSABAGAF)
- akta.pro secondary industries
- Islamic Corporate Banking (FSABAGAC), Correspondent Banking (Nostro/Vostro & Agent Services) (FSABAJAA)
Keywords
Where Aiyl Bank is headquartered
LocationHeadquarters
- HQ city
- Bishkek
- HQ country
- Kyrgyzstan
- HQ region
- Asia
Offices2 records
Markets served
Aiyl Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Interest Income from Lending: The bank generates revenue primarily through interest income on various loan products including consumer loans, business/agro loans, mortgages, and government program loans. Agricultural lending is a notable specialty, with rates as low as 6% annual for government-supported programs.
- Deposit Interest: The bank accepts deposits from individuals and legal entities, offering various deposit products with rates up to 14% for som deposits.
- Money Transfer Services: Fees from domestic and international money transfers via multiple systems including BEREKE, SWIFT, Zolotaya Korona, UPT, MoneyGram, Western Union, Astrasend, and Sendy.
- Government Program Agricultural Financing: Specialized agricultural credit programs at subsidized rates (6% annual) supported by government programs, targeting livestock development, crop cultivation, and water-saving technologies.
- Payment Card Services: Revenue from payment card operations, merchant acquiring (торговый эквайринг), and QR payments.
- Precious Metals Trading: Sale and purchase of precious metal bars (gold, silver, platinum) and unallocated metal accounts.
- Islamic Finance Window: Sharia-compliant financing, deposits, and partnership products under Islamic finance principles, overseen by a Shariah Council.
- Leasing Services: Leasing services for legal entities.
- Documentary Operations and Trade Finance: Bank guarantees and letters of credit for corporate clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Agricultural Financing Program 14 - loans from 50,000 to 3,000,000 som at 6% annual |
| Subscription | Monthly | Deposits up to 14% |
| Transaction based/ take rate | Monthly | Business Credits from 9% for up to 7 years |
| Transaction based/ take rate | Monthly | Agro Credits from 300,000 som for up to 5 years |
| Transaction based/ take rate | Pay-as-you-go | Currency exchange rates and cash commissions |
| Unit Pricing | Pay-as-you-go | Precious metals trading |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Aiyl Bank product offering
Product offeringCore offering
Aiyl Bank (ABank, OJSC) is a Kyrgyz commercial bank providing retail and corporate banking services, including deposits, consumer and business loans, government-subsidized agricultural financing, mortgages, payment cards, money transfers, Islamic (Sharia-compliant) banking, precious metals trading, leasing, documentary trade finance, merchant acquiring, and safe deposit boxes. Services are delivered through a physical branch and sub-branch network across Kyrgyzstan, supplemented by multilingual internet banking portals for individuals and legal entities, the ABank mobile application on iOS/Android, and the AB24 mobile banking platform. The bank is licensed by the National Bank of the Kyrgyz Republic under license No. 048 and operates its own BEREKE domestic money transfer system alongside integrations with major international remittance networks.
Product overview
Aiyl Bank (ABank, Айыл Банк) is a Kyrgyz commercial bank offering a comprehensive suite of financial services through a platform-plus-products architecture. The core digital channels are the ABank Mobile Application (iOS/Android) and separate Internet Banking portals for individuals (24.ab.kg) and legal entities (ib.ab.kg). The product portfolio spans retail banking (deposits, consumer and agricultural loans, mortgages, payment cards), corporate banking (business loans, project financing, leasing, documentary operations, trade finance, bank guarantees, letters of credit), Islamic banking (Islamic Window with Shariah Council oversight), precious metals (gold measured bars, unallocated metal accounts), money transfers (proprietary BEREKE system plus integrations with Sendy, MoneyGram, Western Union, Zolotaya Korona, UPT, Astrasend, SWIFT), merchant acquiring (POS-terminals, QR payments), and self-service facilities (safe deposit boxes, numismatic coins, pension services). The bank also operates an online lending product accessible via mobile.
Differentiator
Problem solved
Functional benefit
Brands
- ABank: Primary commercial banking brand of the bank offering retail and corporate banking services
- Bereke
- Bereke 2.0
- Islamic Window (Ислам терезеси)
Products and services
- Retail Deposit Products Suite of deposit products for individuals including Araketke-Bereket (savings), Kench (term), Ardager (pension), Keremet (savings), Altyn (interest-bearing disbursement), Nariste (children), On-Demand, and Ardager+ deposits, with returns up to 14% on som balances.
- Government-Subsidized Agricultural Financing Program (Program 14) Government co-financed agricultural loans for livestock development, crop cultivation, and water-saving technologies ranging from 50,000 to 3,000,000 som at 6% annual with terms up to 36 months, a 6-month principal grace period, and a 3-month interest grace period (effective rate from 6.16%).
- Business Credits for Legal Entities Business loan products for corporate clients priced from 9% annual with terms up to 7 years, including dedicated agro credits starting from 300,000 som with terms up to 5 years.
- Mortgage Products Mortgage lending products for individuals and legal entities.
- Payment Cards Payment card products including virtual and physical cards offering 24/7 access to funds for individuals and businesses.
- Documentary Operations and Trade Finance Trade finance services for corporate clients including bank guarantees and letters of credit supporting domestic and international transactions.
- Leasing Services Leasing services offered to legal entities for asset financing.
- Bereke 2.0 Corporate Banking Program Dedicated corporate banking program for legal entities offering specialized financial services.
- Project Financing Project financing services for corporate clients.
- Bank Contractual Support Services Contract bank accompaniment and BSK GAUGI contract support services for corporate clients.
- BEREKE Domestic Money Transfer System Proprietary internal money transfer system of Aiyl Bank enabling fast domestic transfers within Kyrgyzstan.
- International Money Transfer Services Outbound and inbound international remittances via SWIFT, Zolotaya Korona, UPT, MoneyGram, Western Union, Astrasend, and Sendy systems across the branch and mobile banking channels.
- POS-Terminals (Merchant Acquiring) Point-of-sale terminal deployment and merchant acquiring services for businesses enabling card-based payment acceptance.
- QR Payments QR code-based payment solution for individuals and legal entities enabling fast contactless transactions.
- Islamic Window (Sharia-Compliant Banking) Shariah-compliant banking window offering Islamic financing, deposits, and partnership products supervised by a dedicated three-member Shariah Council.
- Gold Measured Bars Investment product offering gold measured bars for purchase and sale with quoted buy/sell prices per gram.
- Unallocated Metal Accounts Unallocated precious metal accounts allowing customers to hold and trade gold, silver, and platinum without taking physical delivery.
- Numismatic Coins Collectible coin sales service available to both individuals and legal entities.
- Safe Deposit Boxes Safe deposit box rental service for secure storage of valuables, available to both individuals and legal entities.
- Pension Account Servicing Pension account servicing for retirees, including pension deposit products.
- ABank Mobile Application Mobile banking application for individuals available on iOS App Store and Android Google Play offering domestic and international transfers, product management, QR and government payments, operation confirmations, promotions, online loans, account and deposit management, and virtual and physical card management.
- AB24 Mobile Banking Legacy mobile banking platform for individuals offering 24/7 account access and transactions.
- Internet Banking for Individuals (24.ab.kg) Web-based internet banking platform for retail customers with login via phone number or username and SMS-based authentication.
- Internet Banking for Legal Entities (InterBank RS) Web-based internet banking platform for corporate clients using the InterBank RS system with login via certificate or username/password.
- Bank Account Opening Bank account opening services for individuals, legal entities, individual entrepreneurs, and peasant (farm) households.
- Social Fund Accounts Social Fund account management services for businesses to manage social contributions.
- Green (Universal) Loans Universal/green credit products for sustainable development available to both individuals and legal entities.
- Social Loan Products Social credit products targeting specific segments of the population.
Quantifiable outcome
- Net profit of 7.8 billion som over 11 months in 2025
Companies that use Aiyl Bank
Customer profileSegments4 records
Ideal customer profiles4 records
Aiyl Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Feature3 records
Aiyl Bank partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- Mir Privilege Bank (Russia)minorMir Privilege Bank (ОАО 'Мир Привилегий') partnered with Aiyl Bank and Sendy for the 'Valuable Gift' promotional campaign targeting remittance recipients from Russia. The promotion offered discounts of 0.05% via promo codes for transfers of 25,000 rubles or more, along with prize drawings including trips to Issyk-Kul, iPhones, electronics, and home appliances.
- National Bank of the Kyrgyz RepubliccoreRegulatory supervisor and licensing authority. Aiyl Bank holds National Bank of the Kyrgyz Republic license No. 048.
Scale indicators1 record
Recent moves5 records
Expansion highlights4 records
Aiyl Bank competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Aiyl Bank social profiles
Digital presenceAiyl Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aiyl Bank leadership team
Management profileNumber of profiles
Profiles4 records
Aiyl Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aiyl Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aiyl Bank
What does Aiyl Bank do?
Aiyl Bank (ABank, OJSC) is a Kyrgyz commercial bank providing retail and corporate banking services, including deposits, consumer and business loans, government-subsidized agricultural financing, mortgages, payment cards, money transfers, Islamic (Sharia-compliant) banking, precious metals trading, leasing, documentary trade finance, merchant acquiring, and safe deposit boxes. Services are delivered through a physical branch and sub-branch network across Kyrgyzstan, supplemented by multilingual internet banking portals for individuals and legal entities, the ABank mobile application on iOS/Android, and the AB24 mobile banking platform. The bank is licensed by the National Bank of the Kyrgyz Republic under license No. 048 and operates its own BEREKE domestic money transfer system alongside integrations with major international remittance networks.
Is Aiyl Bank a public or private company?
Aiyl Bank is a private company. It is classified as unknown and is currently operating.
When was Aiyl Bank founded?
Aiyl Bank was founded in 1999. It employs 11 to 50 people.
Where is Aiyl Bank based?
Aiyl Bank is headquartered in Bishkek, Kyrgyzstan, in the Asia region.
How does Aiyl Bank make money?
Nine revenue lines are on record. Interest Income from Lending is the primary driver. The others are deposit Interest, money Transfer Services, government Program Agricultural Financing, payment Card Services, precious Metals Trading, islamic Finance Window, leasing Services and documentary Operations and Trade Finance.
Does Aiyl Bank have an API?
No public API is recorded for Aiyl Bank.
What industry is Aiyl Bank in?
Aiyl Bank's product category is Commercial Banking. Its primary akta.pro industry code is FSABAGAF, Islamic Transaction Banking (Cash Management & Treasury Services), with a secondary code of FSABAGAC, Islamic Corporate Banking. Its NAICS code is 52211 and its SIC code is 6021.