During the Fourth Tashkent International Investment Forum, held in the capital from June 10 to 12, Microcreditbank engaged in productive discussions with reputable international financial institutions and companies. As a result, a deposit of 15 million euros was secured through a signed agreement with ICBC Standard Bank Plc (UK Branch) from the People’s Republic of China. Additionally, a Memorandum of Understanding was signed with Mashreq Bank (UAE) to obtain a direct credit line of $30 million through the international financial market. Another Memorandum of Understanding was also signed with the Economic Empowerment Fund for Uzbekistan (EEFU), managed by the Small Enterprise Assistance Funds, to raise $25 million. It is worth noting that SEAF is an investment fund that supports small businesses and facilitates the acquisition of direct credit lines for small and medium-sized businesses in Uzbekistan through Islamic finance. These agreements further demonstrate the growing international recognition of Microcreditbank and its significant contribution to the country’s economic development and the trust of investors. UzA
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