Oleg Melnikov signed an agreement on the work of Gazprombank in Kyrgyzstan

24.11.2021       

Gazprombank and the Government of the Kyrgyz Republic held a working meeting, during which a memorandum of cooperation was signed to introduce banking support for contracts in the implementation of government projects and programs. The document was signed by the Executive Vice President – Oleg Melnikov, Head of the Contracts Banking Department, and Almaz Baketaev, Minister of Finance of the Kyrgyz Republic. The signing ceremony was held during a working meeting of the Bank's management with a delegation headed by the Chairman of the Cabinet of Ministers – Head of the Presidential Administration Akylbek Zhaparov.

The signed memorandum is aimed at developing partnerships in the field of contract banking and its application in the field of public procurement in the Kyrgyz Republic. To this end, a joint working group will be created to coordinate the implementation of the key points of the memorandum. Within the framework of cooperation, the Ministry of Finance of the Kyrgyz Republic will involve the leading credit institutions of the country to exchange experience and interact with Gazprombank. In addition, the parties intend to organize a number of seminars and conferences with representatives of the business community of the Kyrgyz Republic to promote the product "Banking contract support".

& laquo;We are actively developing cooperation with international partners, consistently offering high-quality high-tech service across the entire range of services. Today, new large-scale projects are being implemented in Central Asia, the success of which depends on many factors. One of the key secrets of success in the implementation of investment projects is the targeted and efficient use of funds. In this regard, Gazprombank's clients demand the Banking Contract Support product. I am sure that today's event will open up new prospects for the successful interaction of our Bank with large companies of the Kyrgyz Republic", – said Denis Kamyshev, First Vice President, Member of the Board of Gazprombank.

« Gazprombank is the first credit institution that systematically applies banking contract support technologies outside the Russian Federation, and we are interested in entering the market of the Kyrgyz Republic with this expertise. Using the accumulated experience, we can ensure control of the intended use of funds in any country where there is a need for this by the state and business. Thanks to the use of this technology, customers in the Kyrgyz Republic will receive a tool for monitoring the implementation of projects and programs at any stage, and control over budget expenditures will be strengthened. We continue to improve digital banking support services for maximum convenience and successful implementation of our clients' projects in Russia and the EAEU countries", – said Executive Vice President – Oleg Melnikov, Head of the Department of Banking Support of Contracts at Gazprombank.

development of the country's economy. In this context, the Kyrgyz side welcomes the existing agreements with Gazprombank on the application of accumulated experience and technologies in this area and stands for the speedy implementation of the project, – highlighted by the Chairman of the Cabinet of Ministers – Head of the Presidential Administration Akylbek Zhaparov.

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