Home » Uzbekistan’s Uzpromstroybank and Switzerland-based Credit Suisse sign a €100 million agreement on implementation of investment projects
Central Asia Monitoring Uzbekistan

Uzbekistan’s Uzpromstroybank and Switzerland-based Credit Suisse sign a €100 million agreement on implementation of investment projects

Uzpromstroybank and Credit Suisse (Switzerland) signed a basic loan agreement worth 100 million euros.

The document was signed in Zurich (Switzerland) and is aimed at supporting large business in Uzbekistan to implement investment projects through financing imports of high-tech equipment, goods and services from both the European Union countries, Japan, Korea and China.

Financing is provided for up to 10 years under the insurance coverage of export insurance agencies of the respective exporting countries, including Euler Hermes, SERV, SACE, etc.

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