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Kyrgyz Bank Received a $50 Million Loan from the Asian Infrastructure Investment Bank

Наталья Маркова • • Exclusive
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On February 12, an agreement was signed in Bishkek between the Ministry of Finance of the Kyrgyz Republic and the Asian Infrastructure Investment Bank for a concessional loan of $50 million for the Development Bank. The press service of the Ministry of Finance reported this event.

The funds received will be directed to support micro, small, and medium enterprises that implement projects in the field of ecology and resource conservation, namely:

The implementation of this project is expected to increase investments in sustainable initiatives of small and medium businesses, enhance the technological level of enterprises, improve the competitiveness of local businesses, create new jobs, and achieve national climate and social goals.

Kyrgyz bank received a loan of $50 million from the Asian Infrastructure Investment Bank

Photo from the press service of the Ministry of Finance of the Kyrgyz Republic.
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