Bishkek, May 8, 2020. /Kabar/. Aiyl Bank OJSC has prepared a list of credit products for its clients in the conditions of pandemic and post-crisis period, Chairman of the Bank’s Board Bakytbek Shamkeyev told during a news briefing.
He specified that issue of loans at more reduced interest rates is considered.
"Compared to market rates, they will be 5-6 percent lower. We will focus on small and medium businesses, which have suffered the most in this situation. These products will be offered to them according to the Government's second anti-crisis plan," Shamkeyev said.
In order to provide additional support for business and gradual economic recovery, the Government of the Kyrgyz Republic has developed the second package of measures to support economic sectors and business entities.
It envisages a gradual resumption of economic activity and proposes financial support measures.
In particular, the package contains 19 measures that include implementation of a program of preferential lending to businesses and a number of fiscal measures, aimed at reviewing the obligations of tax contracts and restructuring tax and social contributions debts. It is also expected to support business activities aimed at export and food security.
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