Uzbekistan firms applied for a total of $51.18 million EBRD loans for three projects. A USD 30 million loan in favour of Ipoteka-bank to be split between a senior MSME loan of up to USD 25 million with the proceeds to be on-lent to eligible subborrowers, and up to USD 5 million for trade finance activities.
Turkish state lender Ziraat Bank, a partner in Uzbekistan’s first foreign bank, UTBank, aims to grow its investments in the country by purchasing the remaining shares and rebranding the bank, Ziraat Bankası said yesterday.
The President of the EBRD Suma Chakrabarti today send a message to the President of Uzbekistan Shavkat Mirziyoyev.
President of Uzbekistan appointed Anvar Karimov, former chief of Financial Department of the Syrdarya province governor’s office, as Deputy Finance Minister.
Since 1992 the monetary contribution of the UN system to Uzbekistan has been about US$471 million, the UN Country office in Uzbekistan said in a statement.
President Shavkat Mirziyoyev signed the Measures To Implement The Electrification of Pap-Namangan-Andijan Railway Project Decree co-financed by the Asian Development Bank.
Uzbek Government delegation including Deputy PM Jamshid Kuchkarov and Chairman of the Central Bank Mamarizo Nurmuratov attended the annual meeting of the Board of Governors of the International Monetary Fund and the World Bank Group in Washington (USA) on 13-15 October 2017, the Uzbek Foreign Ministry said in a statement.
Russian companies and financial institutions intend to take part in the construction of Uzbekistan GTL plant (OLTIN YO'L GTL).