Aspekt is pleased to announce that OXUS Kyrgyzstan has successfully gone live with its new Core Banking System.
OXUS Kyrgyzstan selected Aspekt’s Core Banking System to achieve its goals of increasing operational productivity, reinforcing internal controls, and delivering more personalized banking services. This implementation marks a significant milestone in OXUS Kyrgyzstan’s strategic initiative to modernize its banking infrastructure, enhance efficiency, and support the institution’s growth with cutting-edge technology. By leveraging the latest in banking technology, OXUS Kyrgyzstan is now equipped with a flexible, user-friendly platform that supports faster transaction processing, more accurate reporting, and a higher level of security and compliance.
As part of its broader vision to consolidate its position as a leading financial institution in Kyrgyzstan, OXUS Kyrgyzstan aims to strengthen internal controls and focus on its core business operations. By investing in Aspekt’s state-of-the-art Core Banking System, OXUS will benefit from a more economical software solution that not only boosts operational efficiency but also provides access to the latest technical innovations. This will enable the organization to better support loan and cash processes, drive growth, and enhance service delivery.
The new system empowers OXUS Kyrgyzstan to develop and deliver products and services that are precisely tailored to meet the evolving needs of its clients. With a more flexible and intuitive system in place, the bank will benefit from faster bug resolution and an automated workflow that saves time and resources. The seamless integration of software components ensures smooth operation across all banking processes, from transaction management to comprehensive reporting.
OXUS is a microfinance network present in Afghanistan, Kyrgyzstan, and Tajikistan, offering microcredits and other financial inclusion services to individuals, workers, and Small and Medium Enterprises (SMEs) that are excluded from the traditional banking services. CJSC Microfinance Company OXUS, a specialized credit institution and part of OXUS Development Network, focuses on providing microfinance services. The company holds a stable position in the market and is one of the most dynamic microfinance institutions in Kyrgyzstan, consistently demonstrating stable annual growth in financial performance. OXUS’s vision is to improve the sustainable livelihoods of its customers and to be the microfinance organization of choice in the regions where it operates.
