Kyrgyz Republic

Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

30 Jun 1998



PSD disclosed:

29 May 1998

Project Description

A US$ 20 million loan in the form of a guaranteed apex credit line to be used to finance private sector small and medium-sized enterprises (SMEs) in Kyrgyzstan.

The project aims to support the development of the private and banking sectors in Kyrgyzstan. The proceeds of the sub-loans will be used to provide medium-term financing for private sector SMEs.

Transition Impact

The project will have an impact on the transition by providing local entrepreneurs with access to longer-term funding than is currently available.

The Client

The National Bank of Kyrgyzstan will borrow and on-lend the funds to qualifying private Kyrgyz banks, which will in turn on-lend the funds to private small and medium-sized enterprises.

EBRD Finance

US$ 20 million (ECU 18.5 million) credit line.

Project Cost

US$ 20 million (ECU 18.5 million).

Environmental Impact

The participating banks will follow the EBRD's Environmental Procedures for Local Banks in relation to all sub-loans financed through the credit line. In implementing these procedures, the banks will assess potential environmental issues associated with sub-projects, which are required to comply, at a minimum, with local/national health, safety, environmental and public consultation requirements and standards.

Technical Cooperation

Technical cooperation funding of US$ 1 million to assist implementation is being sought.

Company Contact


Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

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