Bank of Asia to becomefirst NSD SWIFT Bureau client in Kyrgyzstan
July 17, 2018

National Settlement Depository (NSD), Russia's central securities depository, reports that has signed an agreement to connect Kyrgyzstan's Bank of Asia to SWIFT via NSD's service bureau. 

Alexander Nam, NSD's Managing Director for Technological Services, said: "We are very happy that the Bank of Asia chose NSD to use the SWIFT system. Our attention has been always focused on providing our clients with high quality and reliable services, as well as optimal fees for these services. We see great potential for developing financial technologies in Central Asia and we are ready to co-operate with our clients and partners in this region."

The NSD says that being a certified SWIFT service bureau, it provides its clients with safe and reliable access to all SWIFT services. Working via the service bureau allows clients to optimize costs as they do not need to install and support specialised software and equipment in their offices.

Myktykbek Shokenov, a Member of the Management Board, Bank of Asia, pointed out: "Taking into account the high level of security and reliability of NSD's infrastructure and our co-operative outlook, the Bank of Asia chose this company as a partner to connect to the SWIFT system. Our choice was made based on our partner's great experience in this area and its flexible fee policy. We are also interested in NSD's new digital projects, including blockchain. We hope that our co-operation will be long term and mutually beneficial."





This site, like many others, uses small files called cookies to customize your experience. Cookies appear to be blocked on this browser. Please consider allowing cookies so that you can enjoy more content across assetman.net.

How do I enable cookies in my browser?

Internet Explorer
1. Click the Tools button (or press ALT and T on the keyboard), and then click Internet Options.
2. Click the Privacy tab
3. Move the slider away from 'Block all cookies' to a setting you're comfortable with.

Firefox
1. At the top of the Firefox window, click on the Tools menu and select Options...
2. Select the Privacy panel.
3. Set Firefox will: to Use custom settings for history.
4. Make sure Accept cookies from sites is selected.

Safari Browser
1. Click Safari icon in Menu Bar
2. Click Preferences (gear icon)
3. Click Security icon
4. Accept cookies: select Radio button "only from sites I visit"

Chrome
1. Click the menu icon to the right of the address bar (looks like 3 lines)
2. Click Settings
3. Click the "Show advanced settings" tab at the bottom
4. Click the "Content settings..." button in the Privacy section
5. At the top under Cookies make sure it is set to "Allow local data to be set (recommended)"

Opera
1. Click the red O button in the upper left hand corner
2. Select Settings -> Preferences
3. Select the Advanced Tab
4. Select Cookies in the list on the left side
5. Set it to "Accept cookies" or "Accept cookies only from the sites I visit"
6. Click OK

National Settlement Depository (NSD), Russia's central securities depository, reports that has signed an agreement to connect Kyrgyzstan's Bank of Asia to SWIFT via NSD's service bureau. 

Alexander Nam, NSD's Managing Director for Technological Services, said: "We are very happy that the Bank of Asia chose NSD to use the SWIFT system. Our attention has been always focused on providing our clients with high quality and reliable services, as well as optimal fees for these services. We see great potential for developing financial technologies in Central Asia and we are ready to co-operate with our clients and partners in this region."

The NSD says that being a certified SWIFT service bureau, it provides its clients with safe and reliable access to all SWIFT services. Working via the service bureau allows clients to optimize costs as they do not need to install and support specialised software and equipment in their offices.

Myktykbek Shokenov, a Member of the Management Board, Bank of Asia, pointed out: "Taking into account the high level of security and reliability of NSD's infrastructure and our co-operative outlook, the Bank of Asia chose this company as a partner to connect to the SWIFT system. Our choice was made based on our partner's great experience in this area and its flexible fee policy. We are also interested in NSD's new digital projects, including blockchain. We hope that our co-operation will be long term and mutually beneficial."



Free subscription - selected news and optional newsletter
Premium subscription
  • All latest news
  • Latest special reports
  • Your choice of newsletter timing and topics
Full-access magazine subscription
  • 7-year archive of news
  • All past special reports
  • Newsletter with your choice of timing and topics
  • Access to more content across the site