Asia Universal Bank
Encyclopedia
AsiaUniversalBank is the largest commercial bank in Kyrgyzstan
Kyrgyzstan
Kyrgyzstan , officially the Kyrgyz Republic is one of the world's six independent Turkic states . Located in Central Asia, landlocked and mountainous, Kyrgyzstan is bordered by Kazakhstan to the north, Uzbekistan to the west, Tajikistan to the southwest and China to the east...

, holding about a quarter of the combined assets and deposits reported by the entire Kyrgyz banking system. The bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

 is highly regarded internationally, and has received a number of awards, from organizations such as The Banker
The Banker
The Banker is an English-language monthly international financial affairs publication owned by The Financial Times Ltd. and edited in London...

, Global Finance, The Asian Banker
The Asian Banker
The Asian Banker is a company that provides information for the financial services industry in the form of publications, online materials such as e-newsletters, research, and conventions, and other industry gatherings...

 and Euromoney.

Originally focused on corporate banking, AUB had recently actively expanded into retail banking and is the fastest growing mortgage provider in the country.

Presently AUB operates 90 branches in the Kyrgyz Republic and has representative offices in Riga
Riga
Riga is the capital and largest city of Latvia. With 702,891 inhabitants Riga is the largest city of the Baltic states, one of the largest cities in Northern Europe and home to more than one third of Latvia's population. The city is an important seaport and a major industrial, commercial,...

, Latvia
Latvia
Latvia , officially the Republic of Latvia , is a country in the Baltic region of Northern Europe. It is bordered to the north by Estonia , to the south by Lithuania , to the east by the Russian Federation , to the southeast by Belarus and shares maritime borders to the west with Sweden...

, Kiev
Kiev
Kiev or Kyiv is the capital and the largest city of Ukraine, located in the north central part of the country on the Dnieper River. The population as of the 2001 census was 2,611,300. However, higher numbers have been cited in the press....

, Ukraine
Ukraine
Ukraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia...

 and Almaty
Almaty
Almaty , also known by its former names Verny and Alma-Ata , is the former capital of Kazakhstan and the nation's largest city, with a population of 1,348,500...

, Kazakhstan
Kazakhstan
Kazakhstan , officially the Republic of Kazakhstan, is a transcontinental country in Central Asia and Eastern Europe. Ranked as the ninth largest country in the world, it is also the world's largest landlocked country; its territory of is greater than Western Europe...

.

AUB is the only company in the country to have received an international credit rating - particularly, from Moody's Investor Services. From Moody's press release - "Moody's Investors Service has assigned Caa2 long-term and not prime (NP) short-term foreign currency deposit ratings, a B3 long-term local currency deposit rating, and an E+ financial strength rating (FSR) to AsiaUniversalBank (AUB), Kyrgyz Republic."

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