N u r l a n   K y s h t o b a e v  

Nurlan leads banking & finance team in Kyrgyzstan and Tajikistan, and also focuses on general corporate and infrastructure projects. He has an extensive experience with leading American law firms and an international financial institution based in London. His main practice areas are general corporate, including mining, capital markets, and banking & finance.

Prior joining GRATA, Nurlan was an associate in the Office of the General Counsel of EBRD, where he advised bankers on lending, including direct investments in the EBRD countries of operation (CEE, CIS, Turkey and Mongolia) across different sectors (hydro energy, mining, transport, pharmacy, telecommunication and retail) and types of borrowers (sovereign, quasi-sovereign, financial institutions, private companies).

Nurlan also worked for the two American law firms; Chadbourne& Parke and Latham & Watkins. While being with those law firms, Nurlan was a part of various legal teams advising clients on a broad range of Russian law matters.


  • Banking & Finance.
  • Corporate.
  • Capital Markets.


  • The Moscow State Institute of International Relations in 2007.


  • English. 
  • Russian.
  • Kyrgyz.
Individual awards/rankings
Legal 500, Leading individual, 2020
Legal 500, Leading individual, 2020
Nurlan Kyshtobaev, praised as one of the Leading Individuals in the country, heads the banking and finance practice and has extensive experience in advising leading international law firms and financial institutions.
Chambers Global 2020, Band 3
Chambers Global 2020, Band 3
"His international background is a very good asset, and he provides insights to minimise risks".
Chambers & Partners, Individual, 2020
Chambers & Partners, Individual, 2020
The best lawyer.
Legal 500, Leading individual, 2019
Legal 500, Leading individual, 2019
Nurlan Kyshtobayev advised Tianjin Cement Industry Design and Research Institute Co on the $16m financing and construction of a cement factory, and a group of foreign investors on the acquisition of a controlling stake in a local bank.
Bishkek, Kyrgyzstan
Dushanbe, Tajikistan