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Bank of Pakistan issued $110 thousand in loans in Kyrgyzstan

Business Materials 16 March 2011 19:20 (UTC +04:00)

National Bank of Pakistan in the Kyrgyz Republic issued nearly $110 thousand in loans during its operation in the republic, according to Minister of Economic Affairs of Pakistan Hina Rabbani Khar, 24 kg reported.

She said Pakistan provided Kyrgyzstan with $10 million loan 15 years ago. Later, when Kyrgyz authorities expended most part of the loan, they asked Pakistan to transform the loan into the grant.

Minister Khar believes that the best way for business crediting in KR is the allocation of funds to the National Bank of Pakistan.

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