According to EBRD website information, the loan would be provided to Bank of Asia (BoA) based in the Kyrgyz Republic for support in medium-term KGS funding, which is not easily available on the market. The EBRD LCY loan will also help mitigate the foreign exchange-associated risks of the bank's sub-borrowers.
BANK OF ASIA CJSC
Bank of Asia (BoA) is a small universal bank focused on MSME lending with total assets of US$ 66 million, capital of US$ 10.5 million and a market share of less than 2 per cent as of 1 Q2022. BoA operates through 29 offices covering 5 regions of the country.
COMPANY CONTACT INFORMATION
Edil Ismailove.email@example.com+996 (312) 976 253+996 (312) 550 182303, Ch. Aitmatova ave., FEZ "Bishkek", Bishkek, The Kyrgyz Republic
ACCESS TO INFORMATION
You can request information by emailing: firstname.lastname@example.org or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: email@example.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html