Bishkek, Kyrgyz Republic, September 25, 2013 – IFC, a member of the World Bank Group, with the continuous support of the Swiss Government and the UK is helping the Kyrgyz Republic to create smarter regulatory environment for businesses and generate investment to boost the private sector, create jobs, and support sustainable economic development.
The 4th European Union – Kyrgyz Republic Civil Society Seminar on the Right to a Fair Trial will take place on September 26 at Dostuk Hotel, Bishkek. Journalists are invited to attend the Opening session starting from 9:00 am. The seminar will focus on sharing ideas, comments, lessons learnt and best practices related to the application of the right to a fair trial in Kyrgyzstan among representatives of the civil society, state institutions, professional associations and international and local experts.
From 23 to 25 September 2013 consultants of the Geneva University will hold a seminar in Bishkek for the teaching staff of the Kyrgyz State Medical Academy and the Medical Faculty of the Osh State University.
Kyrgyz Investment and Credit Bank’s pilot corporate bond in som will stimulate local capital market. The European Bank for Reconstruction and Development (EBRD) is supporting the local capital market in the Kyrgyz Republic by participating in a pilot corporate bond issue in som by the Kyrgyz Investment and Credit Bank (KICB).
Dushanbe, Tajikistan, September 19, 2013.The World Bank Director for Central Asia Saroj Kumar Jha met with the President of Tajikistan EmomaliRahmon today in Dushanbe to discuss ongoing issues of cooperation.Mr. Jha and President Rahmon discussed projects financed by the World Bank in Tajikistan and expressed their satisfaction with the level of current cooperation. Regarding the energy sector, they also discussed the status of the assessment studies of the proposed Rogun Hydro Power Project. The studies are financed by the World Bank under the Energy Loss Reduction Project Additional Financing.
Local currency credit line will allow Bank of Asia, new partner for EBRD, to increase lending to micro, small and medium-sized enterprise (MSME) clients
The 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.