MBank Kyrgyzstan

0 standards supported

Key details

Parent: users
Launch: 1992

Overview

MBank Kyrgyzstan is Kyrgyz commercial bank + fintech mobile wallet + one of Kyrgyzstan's largest commercial banks + leading mobile wallet by users + ~2M+ MBank users + founded 1992 in Bishkek Kyrgyzstan ^{1, Kyrgyzstan report}.

History

1992 — Commercial Bank Kyrgyzstan CJSC founded in Bishkek Kyrgyzstan post-Kyrgyz independence distinctive Kyrgyz banking heritage.

2014 — MBank Mobile banking + fintech mobile wallet app launch consolidating Commercial Bank Kyrgyzstan retail commercial banking brand as MBank.

Ownership & operator

Operating entity: Commercial Bank Kyrgyzstan CJSC dba MBank (Kyrgyz commercial bank + fintech mobile wallet).

Major shareholders: Kyrgyz retail + institutional + foreign investors.

Regulators: National Bank of the Kyrgyz Republic NBKR.

Technical integration

MBank mobile app (iOS + Android; ~2M+ MBank users) + mbank.kg online + MBank branch network across Kyrgyzstan + MBank Visa + Mastercard + Elcart cards (Kyrgyz national card scheme); Elcart national card scheme + EMVCo QRCPS QR payments + Kyrgyz Som KGS domestic transfers.

Implementations & partners

Major Kyrgyz banking + payments competitors: Optima Bank Kyrgyzstan (Optima Bank Kyrgyzstan; Kyrgyz commercial bank) + Demir Kyrgyz International Bank (Demir Bank Kyrgyzstan; Kyrgyz commercial bank; Demir Kyrgyz International Bank brand) + KICB Kyrgyz Investment and Credit Bank (Kyrgyz Investment and Credit Bank KICB; Kyrgyz commercial bank) + Bakai Bank Kyrgyzstan (Bakai Bank; Kyrgyz commercial bank) + Halyk Bank Kyrgyzstan (Halyk Bank Kyrgyzstan; Kyrgyz commercial banking subsidiary of Halyk Bank Kazakhstan LON: HSBK).

Regulators: National Bank of the Kyrgyz Republic NBKR.

Status

Active, Kyrgyz commercial bank + fintech mobile wallet + one of Kyrgyzstan's largest commercial banks + leading mobile wallet by users + ~2M+ MBank users + founded 1992 in Bishkek Kyrgyzstan ^{1, 2}.

Sources

1 MBank — official
2 MBank — Wikipedia
^{Kyrgyzstan report} In-corpus: reports/countries/KG-kyrgyzstan.md

Source

Biography extracted from mbank-kg.md. See matrix.md for standards-support matrix if present.