As it became known, on February 11, 2026, a loan agreement was signed between OJSC "State Development Bank of the KR" and the Ministry of Finance of the KR for the amount of 2 billion soms. The loan term is 36 months.
The financial resources will be used for refinancing economic entities and/or for repaying previously attracted funds within the framework of repo transactions that were used to finance various projects.
The Cabinet of Ministers of the Kyrgyz Republic is an interested party in this deal, as it is the sole shareholder of OJSC "State Development Bank of the KR".
Reference Information
According to the Ministry of Justice of the KR, OJSC "State Development Bank of the Kyrgyz Republic" is headed by Emil Abdiilazisovich Takyrbashev, and the founder is the Ministry of Finance. The bank began its operations in April 2023.
