New EBRD loan opens doors for young entrepreneurs in Uzbekistan

Photo: EBRD
The European Bank for Reconstruction and Development (EBRD) has come through with a significant loan to SQB, Uzbekistan’s second-largest financial institution, geared towards backing young entrepreneurs in the country. This funding is part of EBRD’s broader push to boost the growth of micro, small, and medium-sized enterprises (MSMEs) run by individuals under the age of 35 and will roll out access to financial products, training, and advisory services.
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