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Signing of a Credit Contract between the Russian-Kyrgyz Development Fund and “Kyrgyzkommertsbank” OJSC

09 November 2017


On November 3, 2017 a credit contract has been signed between the Russian-Kyrgyz Development Fund and “Kyrgyzkommertsbank” OJSC. The monetary funds will be used for the targeted financing of small and medium business.

The Loan Contract was signed by the Management Board Chairman of the RKDF E. Asrandiyev and the Management Board Chairman of “Kyrgyzkommertsbank” OJSC A. Aibalaev.

Resources of the Fund will be used for procurement and upgrade of equipment, machinery, for their reconstruction and modernization, as well as acquisition of technologies. Signing of this contract provides Bankswith significant opportunities to assist in the development of domestic business, in such important sectors as agricultural and industrial complex, garment, textile, processing, mining and metallurgical industries, transport infrastructure, medical infrastructure and tourism.

 

Source: http://www.rkdf.org/ru/novosti/novosti_fonda/1670_kirgizkommercbank___noviy_bank_partner_rkfr


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