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Delegation of Gazprombank to visit Kyrgyzstan for consultations on cooperation

Delegation of Gazprombank will hold consultations with the Ministry of Finance of Kyrgyzstan and state banks in Bishkek from February 1 to February 4. Press service of the ministry reported.

The visit will take place within the framework of the memorandum of cooperation. In particular, the possibility of introducing the product «banking support of contracts in the field of public and other procurements» will be discussed. Thanks to it, it will be possible to track the intended use and achieve the efficiency of spending of the allocated budget funds, as well as ensure transparency of costs and minimize corruption risks.

The meetings to discuss this mechanism with Gazprombank will be attended by the officials of the Ministry of Finance, as well as representatives of banks with state participation (Aiyl Bank OJSC, RSK Bank OJSC, Keremet Bank OJSC) and procuring organizations.

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