UzPromStroyBank and Korea Eximbank signed an addendum to the general inter-bank agreement. Korea Eximbank boosted its partnership with UzPromStroyBank raised the credit line of $10 million to $30 million.
This addendum will serve to further attract modern technologies and innovative solutions from the Republic of Korea.
Loanable funds will be provided to Uzbek SMEs on long-term loans (up to 7 years, with financing up to 85% of the project cost) and short-term loans (up to 2 years, with financing up to 100% of the project cost).
