“Bank of Asia” CJSC continues to demonstrate its commitment to the principles of sustainable development and social responsibility. As part of the second social bond issuance program, the Bank has prepared a post-issuance external review report in the form of a verification detailing information on how the raised funds were used and the social impact they achieved.

The Report reflects support for women entrepreneurs and small and medium-sized businesses, the creation of new jobs, and improvements in working conditions. To confirm the transparency and reliability of the disclosed data, the document underwent independent verification by the Green Finance Centre (GFC) of the Astana International Financial Centre, accredited by the Climate Bonds Initiative and licensed by the Astana International Financial Centre (AFSA) regulator.

The audit confirmed that the program complies with the ICMA’s international Social Bond Principles and the Bank’s internal standards for social financing.

The Report is published on the Bank’s official website (in the “ESG Banking” section), on the platform of the Kyrgyz Stock Exchange, and has been distributed to partners to ensure broad access to the results of the social program’s implementation.

https://www.bankasia.kg/en/esg-news/post-issue-report-on-social-bonds-of-bank-of-asia-cjsc/