Capital Bank of Central Asia OJSC officially became state-owned. On April 1, 2025, the agreement was finalized, according to which 100% of the bank's shares were transferred to the Ministry of Finance of Kyrgyzstan. Information about the deal on the eve, April 3, was published on the website of the Kyrgyz Stock Exchange.

Prior to the transaction, the bank's shares were owned by the children of the late former MP Chynybai Tursunbekov. Erzhan Chynybai uulu owned 40% of shares, Aydai Tursunbekova and Begimai Chynybai kyzy - 30% each. Last July, Reporter.Kg reported that as a result of the SCNS investigation, Chynybai Tursunbekov's daughters, Aidai and Begimai, were arrested and charged under the article “Legalization (laundering) of proceeds of crime”.

The fact that 100% of the bank's shares were transferred to the State Agency for State Property Management was reported in late July last year. According to the data of the Ministry of Justice at that time, as well as today, the bank was not re-registered. Therefore, according to the documents of justice authorities, the bank is still listed as private.

Now KFB reports that according to the registration of gratuitous transfer of securities from April 1 this year, the State Agency for State Property Management transferred 100% of shares to the Ministry of Finance of the Republic.

“As a result of this operation, the Ministry of Finance of the Kyrgyz Republic is the owner of 100% of the shares of the Company,” the KASE says.

It should be noted that at the end of February of this year the assets of Kapital Bank were estimated at 5 bln 665.5 mln KGS.  In addition, it received a profit of 44.4 million KGS (+8.8% to February 2024).

We would like to add that before the deal on transfer of the bank's shares to the Ministry of Finance, on March 31, the general meeting of shareholders renewed the composition of the Board of Directors. As a result, the powers of five members of the board, including Kenzhebek Takyrbashov, Musa Dzhamanbayev, Iliyaz Imanbetov, Nurbek Sultanov and Azim Jienbekov, were terminated, and Mavlut Ashirbekova, Chinara Bektasheva, Azizbek Saipidinov, Atabek Midinbekov and Salamat Chynybekov were elected to the vacant seats.