Tuesday, 02 January 2024 12:17 GMT

Kyrgyz Eldik Bank Acquires Beeline's Sky Mobile For Tech And Financial Integration


(MENAFN- Trend News Agency) BISHKEK, Kyrgyzstan, August 13. Eldik Bank OJSC has completed the acquisition of a 100 percent stake in Sky Mobile, which operates under the Beeline Kyrgyzstan brand, Trend reports via President Sadyr Japarov's press service.

The deal is part of a state-backed strategy, supported by President Japarov, aimed at advancing the country's digital infrastructure and modernizing the economy.

The purchase of this strategic telecommunications asset will facilitate the integration of modern financial and digital services, enhance access to technology for citizens and businesses, and stimulate innovative growth.

The transaction was conducted in accordance with international standards of transparency and corporate governance, reinforcing the investment climate and supporting sustainable development across key sectors of Kyrgyzstan's economy.

MENAFN13082025000187011040ID1109922074



Trend News Agency

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search