Governor, National Bank of the Kyrgyz Republic
Euromoney met Ulan Sarbanov, governor of the National Bank of the Kygyrz Republic, a few days after the revolution that swept president Askar Akayev from power. The situation and Sarbanov's response brought Rudyard Kipling to mind: "If you can keep your head when all about you/Are losing theirs and blaming it on you".
A lot of people had lost their heads in the republic the previous week. Hundreds of young men went on a rioting and looting spree in Bishkek, as well as Osh and Jalal-Abad in the south. The International Business Council (IBC) estimates that about $100 million-worth of damage was done to shops and offices, only some of which were connected to the hated Akayev family.
Some government figures were beaten up in the excitement, including the head of the National Bank's regional office in Jalal-Abad. The looters also carried away cash machines from banks...
This is archived content. Your current settings does not currently allow access to the archive. To gain access visit the subscription page or call our hotline on +44 (0)207 779 8999.
If you are a trialist or subscriber, please enter your username and password at the top right-hand side of euromoney.com
Subscribers to Euromoney benefit from:
Level 1:
- Online access to the past 12 months content
- Tailored RSS news feeds direct to your desktop
- News delivered directly to your mobile device or PC
- Personalised email newsfeed of 'Top stories' and 'Breaking news'
Level 2:
- Exclusive access to euromoney.com - Read the latest issue early online, search for specific developments by region or sector, interrogate the results of Euromoney's benchmark polls, and view the archive dating back to 2000
- 12 monthly issues of Euromoney magazine
- More than 30 specialist research guides free
- The results of Euromoneys polls and surveys
- Tailored RSS news feeds direct to your desktop
- News delivered directly to your mobile device or PC
- Personalised email newsfeed of 'Top stories' and 'Breaking news'
Click here to subscribe