Banking system development discussed in Kyrgyzstan
- Written by Maria Levina
BISHKEK (TCA) — The introduction of a single currency within the Eurasian Economic Union (EEU) without risks for Kyrgyzstan will be possible in some 20-25 years. An earlier introduction would entail a risk of insolvency and bankruptcy of the country’s banking sector participants, which would result in social instability, Kyrgyz expert Marat Sultanov said at a conference devoted to 25th anniversary of the National Bank of the Kyrgyz Republic (NBKR).
