Partners of the Fund

 

European Bank for Reconstruction and Development and Russian Kyrgyz Development Fund signed a Memorandum of Cooperation on July 4, 2016. Both sides

aim to develop the private sector in the country by improving the banking  

capacity to finance this sector, and by building the required infrastructure. The purpose of this Memorandum is to set up the basis for strategic and operational cooperation between the sides to develop cooperation in the field of identification and development of the projects, and in provision of co-financing for the necessary investments in the country.

 

On February 12, the State Mortgage Company signed a Memorandum of Cooperation with RKDF on the creation of conditions and mechanisms to increase the availability of housing for citizens of the Kyrgyz Republic and to stimulate the construction of low-cost housing.

 

On June 21, the Union of the Banks of Kyrgyzstan signed a Memorandum of Cooperation with RKDF. As part of this Memorandum, the Parties agreed to undertake joint actions to:

  • participate in the development of the financial sector of the Kyrgyz Republic, and help the recipients of the funds introduce new types of financial services and products;
  • help the banks of the Kyrgyz Republic and their clients use the modern methods of corporate governance;
  • discuss information on the procedure and conditions for granting target loans to banks, elaborate proposals to optimize interaction between the Fund and the banks of the Kyrgyz Republic;
  • organize and jointly participate in the conferences, forums, seminars;
  • interact with public organizations and the expert community.
 

A subject matter of this Agreement is the establishment of partnership relations and the development of long-term, effective cooperation of the Parties in implementing joint investment and export Russian-Kyrgyz projects.

This Agreement defines the principles and conditions on which the Parties plan to build jointly an effective system to support the investment and export Russian-Kyrgyz projects.

 

RKDF and the Eurasian Business Council signed a Framework Agreement. The Parties provide assistance to each other within their capacities to achieve the goals and tasks they set in the field of their activity and within their competence; implement various programs and projects.

 

Federal Center for Project Funding signed an Agreement of Cooperation with RKDF on December 1, 2015. The subject matter of this Agreement is the establishment of a strategic partnership and the achievement of long-term, effective and mutually beneficial cooperation of the Parties to promote development in the preparation and implementation of investment projects in the Kyrgyz Republic. As part of this Agreement, the Parties will cooperate to achieve the priority goals of the implementation of the investment projects.

 

On September 28, 2016, Czech Export Bank (CEB) and Russian Kyrgyz Development Fund signed a Memorandum on the conditions for financing businesses in Kyrgyzstan by the Czech Export Bank under RKDF guarantees to implement projects within the framework of bilateral economic cooperation.  

 

On September 27, 2016, Eurasian Development Bank  and Russian Kyrgyz Development Fund signed a Framework Agreement of Cooperation.

The Framework Agreement of Cooperation focuses on the establishment and development of close cooperation in the field of joint financing of investment projects in the transport sector, in the mining and metal industries, in the agro-industry as well as in the development of infrastructure. It also includes the parties' cooperation in the defining of projects, in the exchange of the country and sector analytical information, and in other directions of cooperation in co-financing of the projects.

 

On January 30, 2017, Russian Kyrgyz Development Fund (RKDF)  and Turkish Export Credit Bank signed an Agreement of Cooperation.

The agreement will enable the supply of the Turkish equipment and technologies to Kyrgyzstan with the financial support of the Turkish Eximbank.

The agreement implies the use of a wide range of financial tools  by both parties, including the instruments of trade finance, syndicated financing, parallel financing and etc.

 

On April 6, 2017, Russian Kyrgyz Development Fund (RKDB) and Austrian Control Bank signed a Memorandum of Cooperation. The Memorandum will create the basis for the supply of Austrian equipment and technologies to Kyrgyzstan with the financial support of RKDF and the Austrian Control Bank.

 

On June 13, 2017, RKDF and Hungarian Export-Import Bank  signed a Memorandum of Cooperation. This document includes the possibility of delivering Hungarian equipment and technology to Kyrgyz businesses at preferential rates.

 

On May 19, 2017, in Jidah city (Saudic Arabia), RKDF  and Islamic corporation for the development of the private sector (ICD), which is a part of Islamic Development Bank, signed a Memorandum of Mutual understanding.

Memorandum of Mutual understanding between RKDF and ICD allows Fund to develop new financing programs, which will be focused on small and medium scale entreprises (SMEs).