The National Bank

Kyrgyzstan: Loan Repayment Holidays Are Not Enough to Support Business

Dilbar Alimova 13.04.20

The National Bank of Kyrgyzstan recommended commercial banks and microfinance companies to introduce three-month repayment holidays without fines for Kyrgyz citizens with loans. However, loan recipients and experts consider such measures insufficient to support citizens.

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Oil, Coronavirus and Recession: What Awaits the National Currency of Kyrgyzstan?

The national currency of Kyrgyzstan has become cheaper in just two weeks of March for over 20 per cent against the American dollar. This is one of the worst indicators among EAEU countries. (more…)