According to reports, on February 11, 2026, a loan agreement was signed between OJSC "State Development Bank of the Kyrgyz Republic" and the Ministry of Finance of the Kyrgyz Republic, which provides for the allocation of a budget loan in the amount of 2 billion soms for a period of 36 months.
The funds received will be used for refinancing economic entities and/or for repaying previously attracted resources within the framework of repo transactions that were used to finance various projects.
The Cabinet of Ministers of the Kyrgyz Republic is a stakeholder in this deal, as it is the sole shareholder of OJSC "State Development Bank of the Kyrgyz Republic".
Reference
According to the Ministry of Justice of the Kyrgyz Republic, the head of OJSC "State Development Bank of the Kyrgyz Republic" is Emil Abdilazisovich Takyrbashev, and the founder is the Ministry of Finance. The bank began its operations in April 2023.
