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• The National Bank sold $51.7 million on the foreign exchange market

  The National Bank entered the currency market with another intervention, having sold $51.7 mln.

  12/13/2024, 1:30:50 PM
  
• State Bank is working at a loss - MP

  Today, 1 October 2024, at a meeting of the Jogorku Kenesh Committee on Transport, Communications, Architecture and Construction, MP Eldar Abakirov expressed concern about the financial losses of the State Development Bank. He noted that funds for the bank are allocated at 14% per annum, while the bank issues loans at 6%, which creates a loss of 8%.

  10/1/2024, 7:56:45 AM
• Kyrgyzstan is changing its approach to finance

  The Academy of Principles for Responsible Banking (PRB Academy), established to assist Central Asian banks in transitioning to sustainable and environmentally responsible business practices, has been launched in Bishkek. The Academy, opened under the United Nations Environment Program Finance Initiative (UNEP FI), with the support of the Union of Banks of Kyrgyzstan and international partners.

  9/27/2024, 8:13:39 AM