About bank

“Tolubay” Bank was established on January 24, 1996  by 14 natural persons with the Authorized Capital of 5 million soms.  On January 24, 1996 fourteen founders – fourteen young aspirant  likeminded persons created  the  Joint-Stock Commercial Bank “Tolubay”, the initial Authorized Capital of which  made up 5 million soms. Founders came  to the dream on bank establishment just not at once. At the beginning of the 90-s some  of them got education at higher educational institutions of Moscow, some of them – at higher educational institutions of Bishkek.  Their labour activity started a little later: some of them worked in student  self-supporting associations, were occupied  with entrepreneurship, others – executed operations with shares at stock exchanges of Moscow, worked at Moscow banks.  Direct immersing into the environment of entrepreneurs, bankers, the analysis of problems and advantages of their  activity suggested the idea to establish a bank, which has unrestricted opportunities for a creative instrument in the hands of competent, reliable educated people,  an instrument, capable to make significant influence on the growth of the society welfare.

The JSC CB “Tolubay” from  the very first days of its existence, accepted the following principles of work,  as a basis:

  •     Method of competitive selection of cadres, a basic requirement of which is knowledge
  •     Permanent improvement of the specialists’ professional level
  •     Provision of full assortment of bank services in demand by minimum prices
  •     Ultimate care in development of new directions
  •     Maximum flexibility at conduction of business negotiations with clients
  •     Continuous state of elaboration, introduction of new alternative types of services
  •     Accessibility to business communication with the management of the bank

Starting business from scratch, the Bank, being  constrained by rules and dogmas of the old economic system, managed to create its own traditions, to develop principally new approaches to the work and to  bring up  the professional staff. A strategic line of the JSC CB “Tolubay” is a gradual dynamics of the Authorized Capital growth, taking into account requirements of the NBKR, world standards and shareholders’ wishes.  During its activity the Bank increased its Authorized Capital from 5 million soms to 235 million soms. A significant volume of profit, gaining and strengthening of the Bank’s reputation as a high professional, reliable business partner -  all these things were achieved owing to the dedicated labour of the Bank’s employees, careful, individual approach to each client – from small entrepreneurs to the largest companies and state structures. The year, coming to the end,  was a period of check for effectiveness of principles, defined at the establishment of the Bank. The Bank can state with satisfaction that it was able not only to withstand worthily under pressure of economic  storms, but managed to grow and strengthen.

Currency rates on 05.07.2020

Buying Selling
USD 76.3000 77.0000
EUR 84.5000 87.5000
RUB 1.0750 1.1200
KZT 0.1700 0.2100
USD 78.7872
EUR 89.0098
RUB 1.1172
KZT 0.1944
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