History

History

Date of first registration of the Bank is the 20th December 2010 - "Zalkar Bank" OJSC was established on the basis of the assets and liabilities of  "AsiaUniversalBank" OJSC ("AUB") which were transferred to the new Bank based on the decision of the founder and the special administrator of AUB, the Agency for Bank Reorganization and Debt Restructuring DEBRA.

In 2013 based on the decision of the 15th meeting of the intergovernmental Kyrgyz-Russian Commission on trade, economic, scientific, technical and humanitarian cooperation 90% of shares of the state "Zalkar Bank" OJSC were sold to the Russian "ITB Holding" OJSC, 10% of the shares were kept by the government of the Kyrgyz Republic represented by the Fund for State Property Management (FUGI). In June 2013 the company name of "Zalkar Bank" OJSC was changed to "Russian Investment Bank" OJSC (Rosinbank).

In October 2018 the National Bank of the Kyrgyz Republic became the main owner of shareholding of "Rosinbank" OJSC with the share after the next emission transition in May 2019 amounted to more than 95%. The remaining shares are at the disposal of minority owners. In August 2019 by the General meeting of shareholders corporate name "Rosinbank" OJSC was changed to "Keremet Bank" OJSC and in the Ministry of Justice of the Kyrgyz Republic was performed the procedure of re-registration and issued the Certificate of State Registration of legal entity series ГПЮ (GPU) No. 0037628 dated 27th September 2019. In connection with the change of the company name on 3rd October 2019 the National Bank of the Kyrgyz Republic reissued the License for the right to conduct banking operations in national and/or foreign currency - No. 049. Currently, the share of ownership of the NBKR is 97.45%, the rest block of the shares is distributed among minority owners.

Since September 2019 the Bank continues to operate in the Kyrgyz Republic under the new brand of "Keremet Bank" OJSC becoming the successor of the rights, assets and liabilities of "Rosinbank" OJSC.

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