Tashkent, Uzbekistan (UzDaily.com) -- Within the framework of the economic forum of Uzbekistan on the theme "Uzbekistan: achievements of economic reforms and their prospects", on 30 September this year, Uzpromstroybank signed a number of agreements totaling US$71.6 million with foreign partners.

Uzpromstroybank and ICBC Standard Bank (UK) signed an Agreement on the provision of a credit line in favor of an Uzbek bank in the amount of US$25 million, as well as a Memorandum of Understanding stipulating the development and strengthening of relations between banks in the areas of international settlements, treasury operations, trade and project financing, as well as the organization of training courses, seminars, trainings and internship programs for employees of Uzpromstroybank.

In order to expand funding opportunities in the field of trade finance, the bank signed an agreement with the Asian Development Bank (ADB) "On the provision of a revolving credit line" in the amount of US$16.6 million and a Framework Agreement on Trade Finance with PJSC "AK BARS" Bank (Russian Federation) in the amount of US$30 million.

The signing of these documents will allow Uzpromstroybank, through an extensive network of its divisions located in all regions of the Republic of Uzbekistan, to channel funds through these lines to the most popular projects of business entities, including small and medium-sized businesses throughout the country, contributing to the achievement of their goals.