Historic step: the first financial transaction in Central Asia

JSCB "Microcreditbank" was the first in Uzbekistan to attract international investments under the guarantee of MIGA.

JSCB "Microcreditbank" has become an important event in the history of the banking sector of Uzbekistan. The bank was the first in our country to successfully attract funds in the amount of 50 million US dollars from the German bank ODDO BHF SE under the guarantee of the International Investment Guarantee Agency (MIGA), which is part of the World Bank Group.

According to information provided by MIGA, this transaction structure is the first not only in the banking sector of Uzbekistan, but also in the banking sector of Central Asia.

This agreement will serve to further strengthen the cooperation of the banking system of Uzbekistan with international financial institutions and leading foreign banks and once again confirm the high level of confidence in the financial market of our country.

The attracted funds will be directed to financial support for small and medium-sized businesses, the development of women's entrepreneurship, as well as financing "green" and environmentally sustainable projects. These initiatives will serve to expand entrepreneurial activity, create new jobs, and ensure sustainable economic growth.

This agreement, implemented by JSCB "Microcreditbank," is one of the important steps towards increasing the bank's prestige in international financial markets, developing long-term cooperation with foreign investors, and introducing advanced international financial mechanisms.

The Bank will continue to make a worthy contribution to financing priority areas of the economy of Uzbekistan by expanding cooperation with international financial institutions and leading foreign banks.

Bank Information Service