Embassy of the Republic of Uzbekistan in the Republic of Poland

EBRD allocates $30 million to JSIB Ipoteka Bank

EBRD provides JSIB Ipoteka Bank with an additional $30 million for trade financing.

These funds will support local exporters and importers to continue vital trade relations during the coronavirus pandemic.

An additional trade limit of up to $30 million for JSIB Ipoteka Bank under the EBRD’s Trade Facilitation Programme will help domestic exporters and importers to continue their activities.

JSIB Ipoteka Bank has 39 branches in Uzbekistan and has every opportunity to provide necessary support to Uzbekistan enterprises so that they could better manage inventory and plan longer trading cycles.

Source: UzA