Aiyl Bank Launches Preferential Lending for Small and Medium-Sized Enterprises

Елена Краснова Exclusive
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Aiyl Bank launches preferential lending for small and medium-sized enterprises

Aiyl Bank is launching a new program aimed at supporting small and medium-sized enterprises in the Kyrgyz Republic. This initiative aims to improve access for entrepreneurs to long-term and stable financial resources under favorable conditions, as well as to stimulate investments and create new jobs.

The program is targeted at both individual entrepreneurs and legal entities operating in key sectors of the economy, such as:

Loans obtained under this program can be used for purchasing production equipment, transportation, and modernizing existing business processes.

Loans will be issued in the national currency — soms — at an interest rate of 6% per annum (the effective rate is 6.16%) for a term of up to 5 years. The maximum amount of financing can reach 50 million soms and will depend on the purpose of the loan and the category of the borrower.

This program is designed to promote entrepreneurship development, the introduction of new technologies, and sustainable economic growth in the Kyrgyz Republic.

License of the NBKR No. 048
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