Ulan Sarbanov appointed as the Chairman of the Hungarian-Kyrgyz Development Fund

In accordance with the Order of the Cabinet of Ministers of the Kyrgyz Republic No. 272-р dated 05/24/2023. Ulan Sarbanov was appointed as the Chairman of the Board of the Hungarian-Kyrgyz Development Fund.

Currently, the Hungarian-Kyrgyz Development Fund continues its work on the consideration of applications for projects that meet the requirements of the Fund, as well as the financing of approved projects.

Recall that the conditions for financing projects by the Fund are much simplified, unlike other financial institutions. Interest rates on loans are from 1.5% to 7.25% per annum, the currency of financing is the US dollar. Financing terms up to 10 years, maximum loan amount up to 5.0 million US dollars, no commission, etc https://hkdf.kg/