News

24.08.2011

The Company provided sponsor aid in an amount of KGS 50 thousand to the Mayor’s office of Batken for construction of additional five classrooms in “Kyzyl Jol” school

In connection with acute shortage of places in comprehensive schools in Batken,  the charitable aid fund under the Mayor’s office of Batken, established with a view to timely response to the needs of population and to provide charitable aid to population of the city, made decision to construct additional premises in the “Kyzyl Jol” school.

15.08.2011

CJSC MFC Bai-Tushum & Partners increased its chartered capital up to KGS 615 million through the entrance of new international investors

Within the framework of strengthening the institutional potential and to support further growth the Bai-Tushum & Partners increased its chartered capital up to KGS 615 million through the entrance of new international investors: BlueOrchard Private Equity Fund S.C.A., and Credit Suisse Microfinance Fund Management Company. Increasing chartered capital will enable the Company to implement one

01.08.2011

CJSC MFC Bai Tushum & Partners becomes the first microfinance institution in Kyrgyzstan to obtain a deposit license

Bai-Tushum & Partners has been operating in the Kyrgyz Republic for more than 10 years.  On July 15 2011, Microfinance company Bai Tushum & Partners became the first microfinance institution to obtain a deposit license. Used initially as a tool to promote poverty reduction and job creation, microfinance in Kyrgyzstan today entered a new stage

30.07.2011

Financial Group Bai-Tushum financed leases totaling more than 560 thousand euro under the leasing project, initiated by the financial group Bai-Tushum and the German Society for International Cooperation (GiZ)

Financial Group Bai-Tushum financed leases totaling more than 560 thousand euro under the leasing project, initiated by the financial group Bai-Tushum and the German Society for International Cooperation (GiZ), following the signing of the 2009 Memorandum of Cooperation between the Ministry of Agriculture of the Kyrgyz Republic, representatives of private businesses in Germany and the

29.07.2011

CJSC MFC Bai-Tushum and Partners decided to restructure loans of borrowers affected by the recent fire in the markets in Naryn

After the incident of fire in the markets Bereke and Mukash-Ata CJSC MFC Bai-Tushum and Partners has worked on a careful study of the financial condition of the affected borrowers. During a fire in the markets 18 borrowers of the Company who traded food, vegetables, meat, dairy and other products were affected. Damage was caused

12.07.2011

270 million Kyrgyz som to Bai-Tushum and Partners MFC CJSC for on-lending to private companies

The EBRD is boosting its support to the financial sector in the Kyrgyz Republic with a 270 million Kyrgyz som loan (US$ 6 million equivalent) to “Bai-Tushum and Partners”, one of the country’s leading non-bank microfinance institutions, to provide more affordable som loans to small businesses.

11.07.2011

Bai-Tushum & Partners Company acted as one of the sponsors of the Central Asian Microfinance Summit held under the patronage of the President of Kyrgyzstan

On July 7-8 2011, the Central Asian Microfinance summit was held in Kyrgyzstan. The Company acted as one of the sponsors of the Summit. Consultants, practitioners, investors, donors and microfinance institutions in Kyrgyzstan, Tajikistan, Russia, Mongolia, Kazakhstan, Belarus, USA and other countries in Europe took an active part in the Summit. The President of the

04.07.2011

The company has sponsored division of fire safety of Talas region under the Ministry of Emergency Situations of the Kyrgyz Republic

The company Bai-Tushum and Partners sponsored participation of a fire safety department under the Ministry of Talas Emergency of the Kyrgyz Republic in the national championship in fire-applied sport, held in Bishkek.

03.06.2011

In honor of the International Children’s Day Company held charity events in orphanages and boarding schools throughout the Republic

In the framework of the permanent charitable program of celebrating the International Children’s Day the company held charity events throughout Kyrgyzstan. So, there have been procured and handed over construction materials to repair the Special boarding school for blind and visually impaired children in Osh and the Children’s Regional Hospital in Karakol, in the framework