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Finance 22/07/2019 Uzpromstroybank and IFC develop new business model of the bank
Uzpromstroybank and IFC develop new business model of the bank

Tashkent, Uzbekistan (UzDaily.com) -- Uzpromstroybank and IFC, based on the results of the analysis, developed a new business model of the bank, which is aimed at reforming the bank on the basis of modern requirements.

To date, work is underway to implement the 3rd phase of the project, that is, the implementation of the modern business model developed in conjunction with international experts.

At the same time, optimization of business processes is one of the most important factors for bank customers. Taking this into account, in conjunction with the IFC consultants, the systems of sales and services are being put into practice in accordance with international requirements.

Another important aspect of the transformation process is that Uzpromstroybank for the first time in Central Asia pays special attention to introducing the principles of a green bank - the “green bank”.

At present, the necessary ecosystem is being developed for the implementation of the “Green banking” financing system, new banking products and mechanisms for their implementation, and work is underway to train employees.

Thus, the transformation of Uzpromstroybank will create conditions for the further attraction of foreign investment in the national economy, the entry of foreign investors into the markets of Uzbekistan. This will serve to accelerate the integration of our country's economy into the world economy, and ultimately to the growth of the people’s well-being.

International Finance Corporation - is a leader in the banking and financial sector, a reputable international consulting company. IFC provides financial engineering and risk management services, makes investments, assists the development of the private sector and the search for innovative solutions to existing problems, attracts investments from third parties to ongoing projects.

“Green bank” – envisages the introduction into practice of financing mechanisms and types of services aimed at reducing the environmental impact of production facilities and the use of energy-saving technologies.

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