KICB and the European Bank for Reconstruction and Development will finance the expansion of «KС International»
KICB and the European Bank for Reconstruction and Development (EBRD) have signed a loan agreement to finance a project expanding the operations of «KС International».
The company will use the raised funds to increase trade turnover and further develop its brands.
The signing ceremony was attended by Azamat Kirgizbaev, Head of Lending Operations at KICB; Nodira Mansurova, EBRD Regional Director for the Kyrgyz Republic, Tajikistan, and Turkmenistan; Huseyin Ozhan, EBRD Regional Director for Central Asia and Mongolia; and Chynar Ashyralieva, General Director of «KС International».
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The European Bank for Reconstruction and Development (EBRD) is an international financial institution. It operates across three continents, helping countries transition to successful market economies. The EBRD’s approach combines financing, expert support, and legislative reform, ensuring long-term positive change. Since 1991, more than €210 billion has been invested in 7,400 projects.
«KC International» is a company with over 20 years of experience in the retail sector, specializing in the development of international brands, such as Neri Karra, Crocs, and New Balance in the markets of Kyrgyzstan and Kazakhstan.