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DemirBank celebrated its 20th anniversary

IBC
July 7, 2017

IBC members attended the reception held by Board Chairman of Demir Kyrgyz International Bank CJSC Dr. Halit Cingillioglu on the occasion of the Bank's 20th anniversary celebration.

20 years of successful experience in the market of Kyrgyzstan, stable relationships with customers, implementation of international standards and a strong team of professionals gives the bank a competitive advantage in the market and makes it a reliable partner for customers.

The Demir Kyrgyz International Bank CJSC (DemirBank brand) is a first international bank in Kyrgyz Republic. For 1st of December, 2017 banks shareholders are: European Bank for Reconstruction and Development – 2.5% of shares, Dr. Halit Cingillioglu – 92.5% of shares, and JSC “C Factoring A.S.” – 5.0% of shares.

The main object for DemirBank is providing of a wide range of banking services to corporate clients, customers, SMEs and individuals with innovative banking services. One of the successful index of the bank is a wide customer base, which is growing every year, and continuously expanding of services types.

DemirBank is an only bank in Kyrgyz Republic, which has its own Processing center from 2002. The banking center is a hardware and software system that allows maintaining all operations with bank cards and providing processing conduction of transactions with payment cards.

DemirBank is the first commercial bank in the Kyrgyz Republic, which in 2006 received an honorary status of a Principal member of VISA International payment system. And in 2011 DemirBank became a principal member of MasterCard international payment system.

For successful activities in the banking sector for the past few years, DemirBank continues to receive honors, and according to Euromoney, Global Finance, Trade Facilitation Program, Asian Development Bank, The Banker, The Asian Banker, CITI versions recognized as the best bank in Kyrgyzstan.

The Bank continues to maintain leadership in the number of ATMs and POS-terminals in Kyrgyzstan and increasing non-cash turnovers. DemirBank ATMs equipped with the latest technology and allow to cardholders to make transactions with funds. For customers' convenience, there are two two types of ATMs: Cash out and Cash in.

DemirBank, being the first international bank in Kyrgyzstan, has an extensive branch network represented by 13 branches, 14 outlets and 8 exchange offices.