Today MBANK and the international company Thunes officially concluded a strategic agreement, which will be an important event for the financial sector of Kyrgyzstan. This signing opens new opportunities for the bank's clients, offering expanded options for international financial transactions and supporting the development of innovative solutions.

MBANK clients now have access to a wide range of financial services covering more than 160 countries and 7 billion mobile wallets and bank accounts.

“This partnership represents an important step for the bank. Cooperation with Thunes will open new opportunities for all categories of MBANK customers and improve the quality and speed of international transfers, making them accessible to all. The strategic partnership will help us introduce new technologies that will simplify the lives of our customers and strengthen MBANK's position as one of the leaders in the financial market of Kyrgyzstan,” said Mr. Ulan Dzhanbolotov, Acting Chairman of the Board of MBANK.

As MBANK representatives noted, the services offered under the partnership cover a wide range of transactions - from personal transfers to international business transactions. Customers can use more than 350 payment methods and choose among 80 currencies.

In the future, MBANK and Thunes plan to expand their payment solutions to countries in the region, such as Armenia, Azerbaijan, Belarus, Kazakhstan, Moldova, Uzbekistan, Tajikistan, Turkmenistan and China. This will provide even more opportunities for international transactions.

“The choice in favor of Kyrgyzstan and MBANK was made because of their vision and commitment to innovation. MBANK has shown a fast pace of development and willingness to implement advanced technologies to improve service for its clients. The main objectives of the partnership include providing fast and reliable service that takes into account global trends and customer needs,” said Floris de Kort, CEO of Thunes.

As noted, the agreement with Thunes also emphasizes MBANK's readiness to adapt to rapidly changing market requirements and continue to be the first to introduce modern technologies in the Kyrgyz market to improve the quality of service. 

The bank assured that it will continue to work to provide its clients with even more opportunities and solutions in financial services, facilitating their integration into the global economy.

“Imagine a world where students from Kyrgyzstan can pay for their studies abroad as easily as shopping in local stores, where small businesses can easily sell their goods to customers around the world, and workers can instantly receive their paychecks from customers anywhere in the world. This is the future that MBANK and Thunes are jointly building by providing intuitive, efficient and reliable financial solutions,” said Floris de Kort.

For reference:

Thunes is a global network for money transfers worldwide. Thunes' proprietary global direct payment network allows members to make real-time payments in more than 130 countries and in more than 80 currencies. The Thunes network is directly connected to over 7 billion mobile wallets and bank accounts worldwide through over 350 different payment methods such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay and many more. Participants in the Thunes Global Direct Payments Network include freelance economy giants such as Uber and Deliveroo, super apps such as Grab and WeChat, as well as money transfer companies, fintech companies, payment service providers (PSPs) and banks. Thunes' global direct payments network is distinguished by its global reach, proprietary intelligent treasury management platform and Fortress Compliance security infrastructure, which provides network members with unrivaled speed, control, transparency, protection and cost-effectiveness in making real-time payments around the world. Thunes is headquartered in Singapore and has offices in 12 cities including Barcelona, Beijing, Dubai, London, Manila, Nairobi, Nairobi, Paris, Riyadh, San Francisco, Sao Paulo and Shanghai. More information on the website.