Business Luncheon with the Governor of the NBKR, Mr. Tolkun Abdygulov

The American Chamber of Commerce in the Kyrgyz Republic has held a business luncheon for its members and partners with the participation of the Governor of the National Bank of the Kyrgyz Republic, Mr. Tolkun Abdygulov, on the topic of “Floating the Som: Reasons and Consequences.” The business lunch took place on October 20, 2015, at the “Hyatt Regency Bishkek” hotel. The event gathered more than 30 representatives of leading companies of Kyrgyzstan. Mr. Abdygulov shared information regarding the value of the national currency and the position of the National Bank with regard to the devaluation of the Kyrgyz Som. Mr. Abdygulov stated that the processes occurring in the world economy might have a direct or indirect impact on the formation of the economic situation in Kyrgyzstan, one way or another. As far as the accession of Kyrgyzstan to the EAEU is concerned, Mr. Abdygulov noted that, given the ongoing work on the removal of barriers, it is reasonable to expect an improvement in business activity.

During the business luncheon, the participants received answers to all their questions relating to the financial system as a whole.

The American Chamber of Commerce in the Kyrgyz Republic would like to express thanks to the sponsors of this business luncheon – Demir Kyrgyz International Bank and “Companion Financial Group” Microfinance Company – for their invaluable support for the initiatives of AmCham.