Today, within the framework of the Annual General Meeting of Shareholders, the State Leasing Company OJSC summed up the results of its activities for 2024. Despite the fact that the Company began operating less than a year ago, significant results were achieved already in the first reporting period. These achievements became possible thanks to an effectively built launch strategy and active support of shareholders – the State Development Bank of the Kyrgyz Republic OJSC and the Ministry of Finance of the Kyrgyz Republic.
The State Leasing Company was established on the basis of the order of the Cabinet of Ministers of the Kyrgyz Republic dated April 8, 2024 No. 137-r and was officially registered on June 5, 2024. The authorized capital was formed in the amount of 1 billion soms.
Based on the results of 2024, the Company demonstrated sustainable growth dynamics and reached profitable operations, exceeding the established planned indicators. One of the key features of the Company’s work is its focus on leasing large machinery and equipment, which distinguishes it from other market participants. This approach allows achieving maximum socio-economic effect, contributing to the modernization of the production base and the development of infrastructure in various sectors of the economy. At the same time, the interest rates offered by the Company are among the most affordable on the market.
As part of the implementation of the state policy to support priority sectors of the economy in 2024, special attention was paid to cooperation with state and municipal structures. Lessees include state-owned enterprises, city mayors’ offices and local governments.
One of the priority areas of the Company’s activity in the reporting period was the development of international cooperation in the context of deepening economic ties between the Kyrgyz Republic and foreign partners. In 2024, the State Leasing Company OJSC entered into agreements with leading industrial manufacturers of the People’s Republic of China – Sinomach Group and Sany Heavy Industry, as well as with leading Turkish, Belarusian and Italian manufacturing plants for the supply of specialized equipment on a direct basis, at factory prices, which helps to increase the availability of leasing products for domestic enterprises.
The State Leasing Company OJSC intends to continue to consistently strengthen its role as a key state instrument of financial support for the real sector of the economy of the Kyrgyz Republic, promoting the modernization of production potential and the development of regional infrastructure.
