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"Uzpromstroybank" expands cooperation with banks in Tajikistan

Economy Materials 27 August 2018 12:59 (UTC +04:00)

Baku, Azerbaijan, Aug. 27

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The "Uzpromstroybank" OJSCB and "Amonatbonk" Public Savings Bank of Republic of Tajikistan have signed a partnership agreement in the amount of $10 million.

The credit line is provided to the Tajik bank in order to promote and finance the export of Uzbek goods to Tajikistan.

Earlier in March 2018, Uzpromstroybank signed an agreement with Tajik “Orienbank” OJSC, the practical implementation of which has already begun and a deal worth $5 million has been financed.

In addition, during the bilateral meeting, the partner banks agreed not to stay limited to the results achieved and to expand cooperation in such areas as long-term financing, international settlements, clearing and other payment instruments.

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