Joint leasing company established to support the real sector

During a business breakfast dedicated to the role of the financial sector in implementing the National Development Program until 2030, an agreement was signed to establish a joint leasing company.

The initiative was launched by the Russian-Kyrgyz Development Fund. The new instrument aims to expand business access to equipment and technology without a significant one-time burden on capital.

The leasing company is expected to focus primarily on financing projects in industry, agriculture, logistics, and processing. These are the areas identified in the National Program as key vectors of economic growth.

The creation of a specialized structure will make it possible to:

• accelerate the renewal of production capacities
• increase the availability of modern technology for small and medium-sized businesses
• reduce barriers to the launch of investment projects

The launch of the leasing mechanism is seen as one of the steps towards reorienting the financial system from short-term consumer lending to long-term investments in the real sector.

Thus, in addition to credit and guarantee instruments, an additional channel for financing capital-intensive projects is being formed.