OREANDA-NEWS. January 25, 2013. IFC, a member of the World Bank Group, is helping Bai-Tushum and Partners, a leading microfinance bank in the Kyrgyz Republic, improve its corporate governance practices, part of an effort to support smaller business across the country.

IFC will provide the lender with an in-depth training program to help strengthen internal communications and encourage dialogue between bank management, its board of directors, and shareholders.

The training will focus on the bank’s corporate secretary, a key position within the organization. That is expected to help Bai-Tushum and Partners, the country’s first microfinance bank, reach out to smaller businesses, a key part of the Kyrgyz economy.