JSCB "Mikrokreditbank" is implementing a number of projects to provide financial support to the population in remote areas of our country and attract them to entrepreneurship. In this regard, it is expanding cooperation with international financial institutions.
In particular, the bank plans to attract a total of $260 million in funds from foreign financial institutions throughout 2025.
Currently, in order to ensure the implementation of this plan, JSCB "Mikrokreditbank" is working with several foreign organizations. In particular, a trade financing agreement worth 15 million US dollars was signed with the Singaporean investment company "Olam Global Agri [Treasury] Pte Ltd" and funds were attracted.
Now, these funds are intended to develop women's and youth entrepreneurship in our country and support innovative projects.
It should be noted that this agreement opens up opportunities not only for the development of small and medium-sized businesses of our country's entrepreneurs, but also for strengthening trade relations between the countries and further expanding economic relations.
Bank Information Service
See also
The annual reporting meeting of the WE-Finance Code initiative was held.
