While the companies haven’t been named, what’s clear is that Bishkek wants to be seen making an effort to address the EU’s sanctions circumvention concerns.
In Kyrgyzstan, two state-owned banks stopped cooperating with 131 companies due to sanctions risks. This was reported by the Ministry of Economy and Commerce following a workshop on sanctions policy.
“Eldick Bank” stopped working with 80 companies, and “ABANK” stopped working with 51 companies. An audit is being carried out against another 80 legal entities.
The Ministry assured that state-owned banks daily screen customers and payments under th…