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State bank of Kyrgyzstan negotiates a loan with China Development Bank

The management of RSK Bank met with the President of the China Development Bank Tan Jiong. The Chairman of the Board of the state-owned RSK Bank, Ulanbek Nogaev, announced on Instagram.

According to him, the parties discussed the issue of allocation of a large loan to support projects implemented by the PRC and Central Asian countries in the economy, trade, transport, agriculture, infrastructure and energy industry.

«Assets of the China Development Bank amount to more than $2 trillion, which demonstrates its financial stability and significance in the international arena. This allows it to play an active role in supporting and financing projects in various sectors of the economy. One of the important issues will be the opening of a credit line for RSK Bank in yuan and dollars,» Ulanbek Nogaev noted.

In addition, the Kyrgyz delegation met with the heads of Bank of China, Bank of Communications and Industrial and Commercial Bank of China to expand the existing correspondent network and deepen bilateral cooperation.

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