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BISHKEK (TCA) — The president of the European Bank for Reconstruction and Development (EBRD) believes that China's Belt and Road Initiative will be a transformative benefit in areas where the development bank has worked for many years, Xinhua news agency reported. Continue reading
ASHGABAT (TCA) — Taze Ay, a family-owned Turkmen meat producer, is the latest private sector company to benefit from the EBRD’s strategy to support the development of small and medium-sized enterprises (SMEs) in the country, the EBRD press office reports. Continue reading
BISHKEK (TCA) — The European Bank for Reconstruction and Development (EBRD) on September 22 held the First Stakeholder meeting of the Small Business Initiative (SBI) in Bishkek to mark the successful start of the program to support local SMEs in Kyrgyzstan and Tajikistan. Through this initiative, the EBRD is ramping up its activities with small and medium-sized enterprises to help them grow and make them more competitive. The event gathered representatives of government, business associations, banks and international partners to launch the initiative and discuss next steps, the Embassy of Switzerland in the Kyrgyz Republic said in a press release. Continue reading
DUSHANBE (TCA) — The European Bank for Reconstruction and Development (EBRD) is supporting the development of women’s entrepreneurship and of agribusiness in Tajikistan with a senior loan in local currency, equivalent to US$ 2 million, to IMON INTERNATIONAL, the largest microfinance institution in the country, the Bank said on August 3. Continue reading
ASTANA (TCA) — The European Bank for Reconstruction and Development (EBRD) is increasing its support for municipalities in the regions of Kazakhstan with a new investment in East Kazakhstan: the modernisation of the district heating system of the city of Ust-Kamenogorsk, the Bank said on August 2. Continue reading
BISHKEK (TCA) — Central Asia has been on the trading route between East and West for centuries. But small and medium-sized enterprises (SMEs) have only slowly developed in the region. Yet they are a vital engine to spur sustainable economic growth in Kyrgyzstan, Tajikistan and Turkmenistan, the European Bank for Reconstruction and Development (EBRD) press office reports. Continue reading
