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Article: IFC, ATFBank-Kyrgyzstan sign US$10 mln loan agreement to support SMEs in country.

Article from:
AKIpress News Agency
Article date:
October 30, 2009
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The International Finance Corporation, a member of the World Bank Group, and ATF-Bank-Kyrgyzstan have signed US$10 million loan agreement during a press conference in AKIpress news center today. The given agreement will support the bank's lending to small and medium enterprises (SMEs) in the country. IFC's medium-term loan will help increase the availability of banking services and financial products for Kyrgyz small and medium enterprises at a time of limited funding opportunities in the country and the current challenging global economic environment. The investment also will help the bank diversify, increase the volume of funding and better manage its asset and liability ...

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