Chairperson of Hamkorbank Olmahon Turajanova and Secretary-General of BACEE István Lengyel signed an agreement of cooperation.

BACEE was founded in 1996 with the goal of promoting business relations of its member banks with financial institutions of Central and Eastern Europe. Regular membership will allow Hamkorbank to use all membership rights in the BACEE, including to participate in its events and receive information. The bank will have right to vote at general meetings of the BACEE.

At the signing ceremony, it was noted that the banks with good reputation can join the organization.

BACEE has created a unique database on banks in the CEE region, which is freely accessible to its members, and has grown into one of the most important sources of information on banks in Central and Eastern Europe.

On the other hand, BACEE provides consulting services to its CEE member banks which want to develop a more active presence in international markets. These services include suggestions regarding business policies, transparency, presentation of the banks’ documentation to foreign counterparts, pre- and post-rating advisory services, attraction of credit lines from foreign banks and international financial institutions and preparation for sale to foreign investors.