Kyrgyzstan Discussed the Creation of Its Own Credit Rating Agency

The State Development Bank of Kyrgyzstan and the Asian Development Bank discussed the possibility of establishing a credit rating agency in the country. This topic was one of the key points at a working meeting on September 24.

The parties explored how such an agency could help assess credit risks, increase financial market transparency, and facilitate companies’ access to investment.

The meeting also addressed attracting investment and financing joint projects. The State Development Bank and the ADB expressed interest in continuing their cooperation. No details have been provided regarding the timeline for establishing the agency or specific agreements on the project.