Banking, Microfinance & Insurance

The financial sector, diverse and thriving, has always been a center of economic life. Modern, dynamic, characterized by quite strong competition, it needs not only to preserve confidence of clients but also to develop new products and services.

Kalikova & Associates (K&A) law firm’s Banking, Microfinance & Insurance practice offers a unique approach to dealing with financial transactions and solving financial and insurance problems of our clients.

We combine extensive legal skills, business vision and support of the clients’ objectives, to develop innovative solutions for structuring and ensuring the financing of various projects, and for insuring possible risks. We provide legal representation to local and foreign commercial and investment banks, international financial institutions, microfinance organizations, credit unions, insurance companies, and companies operating in various sectors and providing or receiving financial products for implementing projects in the Kyrgyz Republic.

Our lawyers advise on loans, assist in making and formalizing loan and security transactions (pledge, surety agreements, etc.), judicial foreclosure agreements, subordination agreements, and registration of these documents with the public authorities.

We consult and assist with the documents necessary for obtaining licenses, certificates and other permits for establishing banks, financial and lending institutions (FLI), insurance companies, branches and representative offices in the Kyrgyz Republic, and for increasing charter capital.

K&A lawyers assist with share transactions and conduct legal audit of banks, FLI, and insurance companies. The Banking, Microfinance and Insurance practice at K&A benefits from the substantial experience of K&A in corporate issues, securities, taxes, licensing, bankruptcy, and personnel recruitment.