EBRD channels Kyrgyz som equivalent of US$ 2 million to MSMEs through Bank of Asia
Local currency credit line will allow Bank of Asia, new partner for EBRD, to increase lending to micro, small and medium-sized enterprise (MSME) clientsThe European Bank for Reconstruction and Development (EBRD) is supporting micro, small and medium-sized private businesses in the Kyrgyz Republic by opening a local currency credit line equivalent to US$ 2 million for Bank of Asia CJSC, aimed at its MSME clients.
ADB LAUNCHES NEW PARTNERSHIP WITH THE KYRGYZ REPUBLIC
The Kyrgyz Republic and the Asian Development Bank (ADB) have agreed on a new Country Partnership Strategy (CPS) for 2013 – 2017 to reduce poverty and advance inclusive economic growth.
