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Subsidiary of Georgian bank in Uzbekistan signs loan agreement with Dutch FMO bank

Uzbekistan Materials 25 November 2022 10:52 (UTC +04:00)
Natavan Rzayeva
Natavan Rzayeva
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BAKU, Azerbaijan, November 25. TBC Uzbekistan, a subsidiary of Georgian TBC Bank Group PLC, signed a loan agreement for $15 million with the Dutch FMO Enterprise Development Bank for a period of 4 years,Trend reports via Uzbek media outlets.

This loan agreement marks an important milestone for the further development of TBC's activities in Uzbekistan, allowing the bank to accelerate growth in the country and offer the people of Uzbekistan a wide range of innovative and affordable products.

These funds will also contribute to the further development of innovative digital banking and the promotion of green lending in Uzbekistan.

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