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Stock Market / Finance in Kyrgyzstan

  • China ready to improve security cooperation among SCO members

    CHINA, 2017/04/07 China will make efforts to improve security cooperation part members of the Shanghai Cooperation Organization (SCO), said Chinese National Councilor Guo Shengkun here Thursday. China is ready to work jointly to increase mutual political support and cement strategic mutual trust part SCO members, said Guo, at the same time as addressing the 12th session of the SCO security council secretaries in the Kazakh capital of Astana.

  • EFSD to finance Toktogul HPP in Kyrgyzstan

    KYRGYZSTAN, 2015/07/09   The Council of the Eurasian Fund for Stabilization and Development has approved an investment loan worth $100 million to Kyrgyzstan. The loan will finance the second stage of the rehabilitation project for the Toktogul Hydropower Plant, EFSD said on July 7. EFSD, formerly the EURASEC Anti-crisis Fund, is an international financial institution established by Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan with the goals of assisting its member states in overcoming the consequences of world financial crisis, ensuring their long-run economic stability, and fostering the economic integration of EFSD member nations.

  • The EBRD and Bai Tushum Bank (BTB), one of the largest financial institutions in the Kyrgyz Republic,

    KYRGYZSTAN, 2015/05/15 The EBRD and Bai Tushum Bank (BTB), one of the major financial institutions in the Kyrgyz Republic, signed a participation agreement that will enable BTB to offer longer terms and larger loans to its clients. The agreement means that BTB is joining the ranks of EBRD partner banks which benefit from a appropriate co-financing mechanism through which the EBRD provides half of the financing and takes on half of the risk. The mechanism, known as a risk-sharing facility, makes lending to medium-sized businesses and large firms additional affordable, the EBRD reported.

  • The European Union (EU) to set budgetary support program for Kyrgyzstan

    KYRGYZSTAN, 2014/09/15 The European Union (EU) will set a new budgetary support program for Kyrgyzstan by allocating 30 million euros for this purpose. The program is aimed at implementing reforms at the governmental levels. The funds will be included in the new social protection strategy for 2015-2017, local media quoted an EU Delegation in Kyrgyzstan on September 11. As well, the EU has set the conditions for the allocation of 5 million euros within the program of the implementation of national social protection strategy for 2012-2014.

  • IMF Consultation with Tajikistan 2011-06-19

    KYRGYZSTAN, 2011/06/19
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