«Bank of Asia» CJSC has officially joined the global Women Entrepreneurs Finance Code initiative in the Kyrgyz Republic, aimed at developing and supporting women’s entrepreneurship.
The international program is implemented with the support of the European Bank for Reconstruction and Development (EBRD), the National Bank of the Kyrgyz Republic, and the Union of Banks of the Kyrgyz Republic, and already unites hundreds of thousands of women entrepreneurs worldwide.
For «Bank of Asia» CJSC, participation in the initiative is a natural continuation of previously implemented projects in this field. Earlier, the Bank successfully issued social and gender bonds, with the proceeds directed towards financing and supporting women-led businesses. Thanks to these programs, dozens of women entrepreneurs gained access to capital for developing and expanding of their businesses.
By joining the initiative, «Bank of Asia» CJSC assumes new commitments to expand women’s access to financing, creating of tailored financial products, and introduce innovative approaches to assessing and supporting women-led projects.
For the Bank’s clients, this initiative opens up new opportunities — from simplified lending terms to specialized consulting. For partners, it means strengthening cooperation within the framework of international sustainable development standards and the ESG agenda.
“Joining the Women Entrepreneurs Finance Code Coalition is our contribution to building an inclusive economy and supporting talented women who develop businesses in Kyrgyzstan. We are confident that this initiative will not only strengthen trust in Bank of Asia but also give a powerful boost to the development of women’s entrepreneurship in the country,” the Bank’s management noted.
«Bank of Asia» CJSC will continue to actively support initiatives aimed at the development of small and medium-sized enterprises, the expansion of financial inclusion, and the creation of new opportunities for entrepreneurs across the country.