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Chairman of Board of Keremet Bank resigns

The Chairman of the Board of Keremet Bank JSC, Almaz Aibalaev, wrote a letter of resignation. Own sources informed 24.kg news agency.

The reasons for the decision were not disclosed. He had worked in this position for two weeks only.

It was revealed that Almaz Aibalaev is the brother of Ainura Aibalaeva, a member of the board of the National Bank. At the same time, the National Bank does not consider this fact as a conflict of interest, since the activities of Ainura Aibalaeva do not in any way relate to the work of Keremet Bank. The main shareholder of the financial institution is the National Bank of the Kyrgyz Republic.