In March 2019, FSVC began working in Kazakhstan with Tengri Bank to develop the Bank’s small and medium-sized enterprise (SME) business. FSVC’s work with Tengri Bank is possible due to a long-term financing award from the U.S. Overseas Private Investment Corporation (OPIC) and is managed by World Business Capital (WBC).  As a condition of this financing, Tengri Bank is to receive targeted technical assistance that will aim to improve the Bank’s operations, thus ensuring OPIC’s long-term investment.  The technical assistance program is designed to utilize the experience FSVC has in developing and implementing targeted training and technical assistance programs to support Tengri Bank and its internal training efforts.  FSVC will provide customized consultations, on-the-job training activities and workshops implemented by professionals from the U.S./developed markets.

Program Impact