The South Korean company JB Financial Group buys 17.7 billion dollars (about 13 million dollars) 100% of the shares of "Korki Credit" and "Korki Lending" from Kyrgyz Epoche. Both companies are not banks. One is a microcredit organization (MCO), the other is a rental company. The agreement still needs to be approved by the National Bank, the closing is expected before the end of the year. JB looks at three things. First, demographics. In Kyrgyzstan, about 70% of the population is under the age of 30, GDP growth in recent years exceeds 10%. In a few years the demand for loans and car loans will increase. Second, their goal is very specific. It's car loans, specifically used car purchase financing. JB Woori Capital has extensive experience in this field in Korea and wants to copy this model in Kyrgyzstan using Korki's existing customer base and channels. Third, this is a spring plane. This is JB Financial's first step in Central Asia. Previously, they only operated in Cambodia, Myanmar, Vietnam and Indonesia, and have now added Kyrgyzstan as the fifth foreign market. This is a very positive sign for Kyrgyzstan. The financial sector has been very active in the last two years. In the first half of 2026, the total loan portfolio of banks and non-bank financial institutions reached KGS7.4 billion, of which consumer loans make up 36%. Overall, this $13 million deal is small, but the symbolic meaning is significant. Foreign capital is starting to see Kyrgyzstan's financial sector as an asset to buy.

The South Korean company JB Financial Group buys 17.7 billion dollars (about 13 million dollars) 100% of the shares of "Korki Credit" and "Korki Lending" from Kyrgyz Epoche. Both companies are not banks. One is a microcredit organization (MCO), the other is a rental company. The agreement still needs to be approved by the National Bank, the closing is expected before the end of the year. JB looks at three things. First, demographics. In Kyrgyzstan, about 70% of the population is under the age of 30, GDP growth in recent years exceeds 10%. In a few years the demand for loans and car loans will increase. Second, their goal is very specific. It's car loans, specifically used car purchase financing. JB Woori Capital has extensive experience in this field in Korea and wants to copy this model in Kyrgyzstan using Korki's existing customer base and channels. Third, this is a spring plane. This is JB Financial's first step in Central Asia. Previously, they only operated in Cambodia, Myanmar, Vietnam and Indonesia, and have now added Kyrgyzstan as the fifth foreign market. This is a very positive sign for Kyrgyzstan. The financial sector has been very active in the last two years. In the first half of 2026, the total loan portfolio of banks and non-bank financial institutions reached KGS7.4 billion, of which consumer loans make up 36%. Overall, this $13 million deal is small, but the symbolic meaning is significant. Foreign capital is starting to see Kyrgyzstan's financial sector as an asset to buy.