On November 15, 2023, the management of JSC State Development Bank of the Kyrgyz Republic met with the mission of the International Monetary Fund, located in the Kyrgyz Republic within the framework of consultations on article IV of the Articles of Agreement of the IMF.

During the meeting, the mission was provided with information on the activities, strategic goals and objectives, medium- and long-term vision of the Bank’s development. The Mission of the International Monetary Fund was also informed about the management structure of the Bank and the rules governing the supervision and regulation of the Bank.

The parties discussed the general parameters of the Bank’s credit products, the structure of their financing sources, issues of interaction with commercial banks in the country and prospects for the Bank’s interaction with international financial institutions, private sector funds and development banks in other countries.