Global Trade Alert
Global Trade Alert

Kyrgyzstan: Nationalisation of AsiaUniversalBank

Announcement

07 Jun 2010

In June 2010, the government of Kyrgyzstan announced altered domestic business conditions for foreign investors.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Jun 2010

Revocation date:

No revocation date

Updated: 07 Jun 2010
FDI: Treatment and operations, nes In force
By the Decree of the Provisional Government No.56 from 7 June 2010, the Kyrgyz Republic nationalized one of the country's largest banks, the foreign-controlled 'AsiaUniversalBank.' According to the ...
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