# MBank Kyrgyzstan

> Source: https://docs.barcoder.ai/docs/wallets/mbank-kg
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [MBank — official](https://mbank.kg/)

## 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** <sup>[1][1], [Kyrgyzstan report](https://docs.barcoder.ai/docs/payments/KG)</sup>.

## 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](https://docs.barcoder.ai/docs/wallets/optima-bank-kg) (Optima Bank Kyrgyzstan; Kyrgyz commercial bank) + [Demir Kyrgyz International Bank](https://docs.barcoder.ai/docs/wallets/demir-bank-kg) (Demir Bank Kyrgyzstan; Kyrgyz commercial bank; Demir Kyrgyz International Bank brand) + [KICB Kyrgyz Investment and Credit Bank](https://docs.barcoder.ai/docs/wallets/kicb-kg) (Kyrgyz Investment and Credit Bank KICB; Kyrgyz commercial bank) + [Bakai Bank Kyrgyzstan](https://docs.barcoder.ai/docs/wallets/bakai-bank) (Bakai Bank; Kyrgyz commercial bank) + [Halyk Bank Kyrgyzstan](https://docs.barcoder.ai/docs/wallets/halyk-bank-kg) (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** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://mbank.kg/ "MBank — official"
[2]: https://en.wikipedia.org/wiki/Commercial_Bank_Kyrgyzstan "MBank — Wikipedia"
[kg-cro]: https://docs.barcoder.ai/docs/payments/KG

- [1] [MBank — official][1]
- [2] [MBank — Wikipedia][2]
- <sup>[Kyrgyzstan report](https://docs.barcoder.ai/docs/payments/KG)</sup> In-corpus: `reports/countries/KG-kyrgyzstan.md`

## Source

Biography extracted from [mbank-kg.md](https://docs.barcoder.ai/source/wallets/mbank-kg). See `matrix.md` for standards-support matrix if present.