During the meeting, important aspects of monetary policies being implemented in both the United Kingdom and the Kyrgyz Republic were discussed.
Additionally, the participants addressed issues related to maintaining financial stability in both countries and exchanged views on current trends in payment systems and the digital transformation of financial sectors.
The Bank of England, acting as a mega-regulator, implements monetary policy and conducts prudential supervision over the entire financial system of the country. Through its structural divisions, such as the Prudential Regulation Authority (PRA), the Bank oversees banks, insurance companies, and investment firms, thereby ensuring the stability of the financial system.
As a result of the meeting, the parties expressed interest in deepening partnership relations and confirmed the presence of significant opportunities for further strengthening bilateral cooperation.
