MKBANK attracted $15.8 million within the framework of international cooperation

JSCB "Mikrokreditbank" is expanding cooperation with foreign financial institutions in order to provide financial support to the population living in remote areas and attract them to entrepreneurship.

The Bank plans to attract a total of 260 million US dollars in resources from foreign financial institutions by 2025. As a practical expression of this plan, a trade finance agreement worth 15.8 million US dollars was signed and funds were attracted with the Singapore company "Olam Global Agri [Treasury] Pte Ltd".

This resource is intended to support women's and youth entrepreneurship and finance innovative initiatives.

This partnership will serve to develop small and medium-sized businesses in our country, as well as strengthen economic ties between Uzbekistan and Singapore.

Bank Information Service