Deposit insurance system
On 25 December 2012 Microfinance bank “Bai-Tushum” is included in the list of participant-banks of the deposit insurance system of the Kyrgyz Republic №23/12 on the basis of the order №17 of the deposit protection Agency of the KR.
Thus deposits of the Microfinance bank “Bai-Tushum” are insured in accordance with the Law of the Kyrgyz Republic “On protection of the bank deposits ”. In accordance with this Law, the amount of compensation to depositors is fixed in the amount of 1 million som.
The system of the bank deposit protection in the Kyrgyz Republic is developed to ensure the protection of rights and lawful interests of depositors of Kyrgyz banks, and enhance the reliability to banking system and stimulate savings attraction to banking system.