Keremet Bank OJSC is a member of the Deposit Protection System which secures increasing of people’s trust in the banking sector.

In accordance with the Law of the Kyrgyz Republic "On Protection of Bank Deposits", deposits of individuals and individual entrepreneurs in Keremet Bank OJSC are insured and subject to compulsory payment upon occurrence of an insured event. Thus, upon occurrence of insured event, individuals and individual entrepreneurs will be reimbursed for their deposits from the Deposit Protection Fund, in the total amount of all deposits in the bank together with accrued interest up to 1 000 000 KGS. Amounts of deposits accepted in foreign currency will be paid to the depositors in the national currency according to the discount rate established by the National Bank as of a date of insured event. If there are no quotations (discount rate) of the National Bank for any currency, the average rate for this currency shall be determined through cross-rate as of a date of insured event.

The Deposit Protection System is aimed to protect the interests of bank depositors through the payment of compensation to depositors for their deposits in the event of bankruptcy of a commercial bank.

In “Keremet Bank” OJSC you have the opportunity to open deposits in the following currencies: in Kyrgyz som (KGS), US dollars (USD), Russian rubles (RUB) or Euro (EUR).

Deposit conditions:

  • Minimum amount -  from 5 000 KGS/RUB or 100 USD/EUR
  • Terms of placement – from 3 up to 36 months
  • Payment of interest - monthly, at the beginning or at the end of the period
  • Deposits for pensioners of the KR

Rules for opening and maintaining Bank accounts in "Keremet Bank" OJSC