Uzbekistan ag export bank to help promote fruit & veg internationally
The establishment of the Bank was initiated by the President of Uzbekistan in January 2017. The Board includes the Fund for Reconstruction and Development of Uzbekistan (75%), the National Export-Import Insurance Company Uzbekinvest (10%), Uzagrosughurta (5%), Kafolat IC (5%) and Uzbekinvestholding (5%). The statutory fund of the new Bank is 10 million euros.
The new bank will specialize in financing investment projects on the development of production and exports of agro-industrial products. It also intends to assist clients in developing strategies to promote fruit and vegetables and other agricultural products to international markets jointly with foreign banks, financial institutions, diplomatic and trade missions.
source: timesca.com
