Demir Kyrgyz International Bank is the first member of Trade Finance Facility (TFP) Program of  EBRD (European Bank for Reconstruction and Development )as an issuing and confirming bank  since 2000. In 2009, EBRD recognized  Demir Kyrgyz International Bank as the “Most Active Issuing Bank in Kyrgyz Republic for Trade Finance Facilities such as Letter of  Credits (L/C) , Bank Guarantees (L/G) ”. The annual selection for the awards was based on number and volume  of Trade Finance Products  and overall  performance.  Analyzing financial institutions, experts had emphasized DKIB outstanding performance, its focus on development of the bank and banking system, profitability, and its ' Creative and Tailor Made Approach For Customers  ' for mutually beneficial cooperation for Trade Finance Products .Positive feedback from DKIB customers for Trade Finance Service of the bank  was another important indicator for winning the award. DKIB will continue co-operation with EBRD and will do its best to support the customers for their Trade Finance needs in the future.   

AUCA Moving Forward with USAID  

The United States, through the United States Agency for International Development (USAID), has awarded the American University of Central Asia (AUCA) a US$ 2.7 million grant to improve its learning environment through the creation of new programs for students and enhanced faculty development and technology upgrades.  

With the help of the USAID AUCA Moving Forward grant, AUCA will develop programs of academic excellence that will attract international attention and distinguish AUCA as the premier intellectual hub of Central Asia. One such initiative is the launch of the Institute for Central Asian Studies.  This Institute will craft policy recommendations and drive research on topics relating to the political, social, economic and cultural development of Central Asia in collaboration with local faculty familiar with the particular needs of Kyrgyzstan and the region in general.

Read more...

Mol Bulak Finance Micro Credit Company is proud to announce the establishment of Revival Foundation, a non-profit created to assist with rehabilitation of business activities in regions affected by disturbances, acts of God or other devastating events. The idea of the Foundation was brought by the violent events in the south of our country that took place this June. Mol Bulak Finance, together with MCC Bai-Tushum & Partners and law firm Kalikova & Associates came to the conclusion that humanitarian assistance alone will not resolve the problems in regions affected by the conflict. Our companies decided to create a tool for the revival of economic activities carried out by micro-entrepreneurs. Revival Foundation will serve as such a tool by providing grants and interest-free or low-interest micro loans for the economically-active population. The main recipients of the Foundation’s funding are people who lost their businesses or homes because of force majeure events. We would like to sincerely thank everyone who supported this Foundation and kindly invite the business community of our country to take part in this initiative.

Mol Bulak Finance have not stopped lending neither after the revolution of April nor after the violence in the south. As a socially responsible company, we believe that we should do all we can to support rural micro-entrepreneurs of our country during these difficult times. We want to thank our international partners who continue doing business with local companies despite the challenges of this year. We especially wish to thank our international lenders – EBRD, MAST Bank, Triple Jump and Symbiotics, who demonstrated their true commitment to the social mission and acted when Kyrgyz partners needed it the most.

Fellow of the Fulbright Program has been invited to the Kyrgyz State Academy of Law (KSAL)...

Mrs. Michelle Leighton, fellow of the Fulbright Program has been invited to the Kyrgyz State Academy of Law to teach international law to 4^th course students since the 2010-2011 academic year. She was invited as a result of negotiations with the State. U.S. Department.

As part of her research project she plans to hold a various conferences, round tables, meetings for students and professors of Law universities in Bishkek.

Distance education technologies (DET) in the KSAL...

Distance education technologies (DET) is actively implemented to all forms of teaching in the Kyrgyz State Academy of Law:

·         Students were recruited on distance learning;

·         Creation of Education distance environment on module oriented learning environment base

·         Establishment and functioning of the Educational portal KSAL (http://do-portal.ua.kg).

Each Academy student has guaranteed access and individual password to the teaching materials in electronic format round the clock. Appeal to the material of education portal is possible on the Internet and local area network in specially equipped places available in the walls of KSAL.

A project on computerization of educational process has been developed and implemented in the KSAL, which created virtual and private networks linking all the structural units of the academy, including the regional units, and classrooms equipped with modern computers and LCD projectors.

30 students were able to commence studies on Islamic law...

According to the agreement between KSAL and the charity fund ASSANABIL, 30 students were able to commence studies on Islamic law. The tuition fees of those students will be covered by the charity fund. These students are the most successful, achieving the highest level scores at admission. The opening ceremony of the specialized classrooms of Islamic law and the language laboratory was held on September 29 with the participation of the KSAL rector as well as guests of the event, in particular the Minister of Youth Affairs and President of the Foundation ASSANABIL Said Bayoumi. These specialized classrooms will allow students to more effectively assimilate Islamic law.