Uzpromstroybank is expanding cooperation with banks from Germany and Switzerland

27.02.2024 12:24


JSCB "Uzpromstroybank" recently expanded its network of international partnerships through meetings held with representatives of various financial institutions in Germany and Switzerland from February 21-23, 2024.

During these productive visits, Uzpromstroybank representatives established mutually beneficial bilateral cooperation agreements with several prominent German and Swiss financial institutions. These institutions included leading German banks such as Deutsche Zentral-Genossenschaftsbank (DZ Bank), Landesbank Hessen-Thuringen (Helaba), Commerzbank AG, AKA Bank, ODDO BHF, KfW-IPEX Bank, and Landesbank Baden-Wuerttemberg (LBBW). Additionally, Uzpromstroybank representatives met with representatives from Swiss export credit agency SERV and Credit Suisse.

These collaborative efforts resulted in the signing of agreements totaling €105 million. These funds will be specifically directed towards financing trade and investment projects, with a particular focus on initiatives that adhere to ESG principles and promote green projects.

This expansion of Uzpromstroybank's international network signifies a commitment to fostering stronger economic ties and facilitating the growth of trade and investment opportunities between Uzbekistan and Europe.

Bank Information Service

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