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National Bank of Uzbekistan to attract credit line from Hungary

Uzbekistan Materials 4 October 2022 12:40 (UTC +04:00)
National Bank of Uzbekistan to attract credit line from Hungary
Natavan Rzayeva
Natavan Rzayeva
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BAKU, Azerbaijan, October 4. National Bank for Foreign Economic Activity of Uzbekistan signed an agreement with the Hungarian Eximbank Export-Import Bank to attract a credit line for 50 million euros,Trend reports via Uzbek media outlets.

This credit line will make it possible to finance large investment projects and projects of small and medium-sized businesses that provide for the supply of equipment, goods and services from Hungary.

The signing ceremony took place during the Uzbek-Hungarian business forum.

As part of the visit of the president of Uzbekistan to Hungary, on October 3, an Uzbek-Hungarian business forum was held with the participation of business circles of the two countries.

The business forum was attended by leading companies of Uzbekistan and Hungary in the automotive industry, transport, pharmaceuticals, agriculture, textile, information technology, the leather industry, as well as heads of banking and financial institutions.

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