Participation of "Bailyk Finance" in enhancing the financial literacy of Kyrgyzstanis

2 November 2018

Not for the first year, international and national financial institutions have been conducting various activities to improve financial literacy in Kyrgyzstan. Therefore, the purpose of this fair was also to provide citizens with useful information about financial planning, the correct and reasonable consumption of financial services; providing advice on personal financial planning, wise use of financial services, as well as familiarizing them with the terms of specific financial services represented on the financial market..

Since one of the goals of the “Bailyk Finance” company is to promote the improvement of financial literacy of the population, our company gladly took part in this fair. Our team enthusiastically consulted visitors who were interested in credit products of “Bailyk Finance”. Among them are socially oriented products like "Health", "Improving the quality of housing", etc.

During the event, training sessions and presentations on financial literacy were held. Everyone who visited them learned how to accumulate, save and increase their own funds, as well as how to use financial instruments wisely. Visitors were also able to obtain first-hand detailed information about all financial products, including banking, microfinance, insurance, investment, retirement and mortgage.

The organizers of this useful and interesting event were: the National Bank of the Kyrgyz Republic, the Union of Banks of Kyrgyzstan, the International Finance Corporation (IFC), the National Payment System "Elcard", the State Service for Regulation and Supervision of the Financial Market under the Government of the Kyrgyz Republic, Credit Bureau "Ishenim", Association of Microfinance Organizations (AMFO), Deposit Protection Agency of the Kyrgyz Republic.

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