Baku, Azerbaijan, August 15
By Fakhri Vakilov- Trend:
A seminar "Project and Export Financing" was held in the capital of Uzbekistan, Tashkent, for companies managed by SFI Management Group, Trend reports citing the press service of SFI Management Group.
The workshop was also attended by experts from Gazprombank, one of the leading credit and financial organizations in Russia, and representatives of its subsidiary bank in Luxembourg - Bank GPB International SA,
For two days of work, international financial experts revealed the intricacies of project and export financing, as well as talked about the features of commodity and trade financing and the nuances of transactions covered by export credit agencies.
Opening the seminar, Timur Belikov, Vice President and Deputy Head of the Department for Project and Structural Financing of Gazprombank, noted that he considers the market of Uzbekistan to be very promising.
“Our bank plans to play an active role in organizing financing of significant investment projects in the country together with leading Uzbek and foreign banks, as well as export credit agencies,” he said.
Belikov expressed confidence that the exchange of experience in the field of project and export financing in the mining and metallurgical sector between Gazprombank and colleagues from Uzbek banks and initiators of large investment projects in the ferrous and non-ferrous metallurgy will be very useful for all participants of the event.
The expert also added that the seminar creates a good basis for further development of cooperation, and also helps to form a common value system between borrowers and banks.
SFI Management Group was established in 2017. In addition to the Almalyk Mining and Metallurgical Complex, it manages state-owned blocks of shares in enterprises such as Uzmetkombinat, Uzvtortsvetmet and JSC Uzkhimfarm. Since 2017, SFI has been building a metallurgical plant in Tashkent, the volume of investments in the construction of which exceeds $ 300 million.
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