Our Bank ensured the issue of the first mortgage bond in the Kyrgyz Republic

23 October 2017

Dear Partners, Clients!

"Commercial Bank KYRGYZSTAN" is the first bank in the territory of our country who first provided for the issue of the mortgage bond on a loan issued under the Government of the Kyrgyz Republic's Program "Affordable Housing 2015-2020".

This "issue" was carried out due to joint actions of the Bank with the State Mortgage Company. The issuance of this kind of securities is still an important step in the development of both the securities market and the banking instruments that facilitate financial monetization of the economy.

 

Note.

Mortgage bond - a security secured by a mortgage, in its essence, is a document reflecting the actions of both the creditor and the borrower in those cases that relate directly to the terms of repayment of borrowed funds, as well as collateral legal relationships. "

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