The European Bank for Reconstruction and Development (EBRD) is pledging additional funds for supporting the sustainability and competitiveness of small and medium-sized enterprises (SMEs) in the Kyrgyz Republic.
A senior EBRD loan of up to US$7m extended to the Kyrgyz Investment and Credit Bank (KICB) will help channel much-needed funds to local microbusinesses and SMEs in order to support their capital needs.