...

French investment bank to assist in transformation of state-owned enterprises in Uzbekistan

Business Materials 16 May 2021 17:54 (UTC +04:00)
French investment bank to assist in transformation of state-owned enterprises in Uzbekistan

BAKU, Azerbaijan, May 16

By Klavdiya Romakayeva - Trend:

A memorandum of understanding was signed between French Lazard Frères SAS investment bank (Lazard) and the Ministry of Finance of Uzbekistan, Trend reports with reference to the press service of the Ministry of Economic Development and Poverty Reduction of Uzbekistan.

It is reported that a meeting with representatives of Lazard was held at the Ministry of Economic Development and Poverty Reduction of Uzbekistan.

The parties discussed issues of interaction on the transformation of banks with the participation of the state, the provision of financial, legal and consulting services within the framework of economic platforms.

It is reported that within the framework of the event a memorandum of understanding was signed between Lazard and the Ministry of Finance of Uzbekistan.

It was noted that the memorandum provides for assistance in the transformation of state-owned enterprises, public debt management, capital market development and acceleration of projects based on public-private partnerships.

Lazard Ltd (formerly known as Lazard Frères & Co.) is a financial advisor and asset management firm that deals with investment banking and provides other financial services, mainly with institutional clients.

Founded in 1848 Lazard operates in more than 40 cities in 25 countries in North America, Europe and Asia, Australia, and Central and South America. The firm provides advice on mergers and acquisitions, strategic matters, capital restructuring and structure, capital raising and corporate finance, and asset management services to corporations, partnerships, institutions, governments and individuals.

---

Follow the author on Twitter: @romakayeva

Tags:
Latest

Latest