KYRGYZSTAN: Malaysian investors are ready to open insurance company working in accordance with Islamic principles

10 April 2012 —
Malaysian investors are ready to open insurance company working in accordance with Islamic principles in Kyrgyzstan. Kyrgyz National Bank's (NB) Foreign Affairs and PR Department reports concluding meeting of NB president Zina Asankozhoeva with Malaysian Ambassador in Kyrgyzstan Abdul Aziz bin Kharun.

As noted, Central Bank of Malaysia has a plan on such company opening.

The ambassador noted, the main goal of his visit is conditions of licensing in Kyrgyzstan for insurance companies. "I would like to create a joint company with National Bank of Kyrgyzstan which could have offices in all CIS-countries," said the ambassador.

NB president Zina Asankozhoeva explained that the bank doesn't have right to be a founder or co-founder of companies. However, it is ready to be financial consultant and give any necessary information.

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KYRGYZSTAN: Malaysian investors are ready to open insurance company working in accordance with Islamic principles
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