InfinBANK has attracted $50 million from the Eurasian Development Bank (EDB) to finance business in Uzbekistan

InfinBANK has attracted $50 million from the Eurasian Development Bank (EDB) to finance business in Uzbekistan

InfinBANK has signed an agreement with the EDB to secure a non-revolving credit line of 50 million US dollars. The bank will direct these funds toward expanding support for Uzbek producers and developing key sectors of the country's economy.

The cooperation between the EDB and InfinBANK is aimed at strengthening Uzbekistan's economy and developing various sectors within it. Accordingly, the funds from the first tranche will be used to finance the operations of one of the leading telecommunications companies in Uzbekistan.

This partnership will allow InfinBANK to significantly increase its volume of long-term lending. The new credit line will simplify access for large and small businesses to stable financing for investment projects and working capital. This cooperation with an international development institution confirms InfinBANK's high reliability and strengthens its position as the country's leading private commercial bank