A Basic Loan Agreement was signed between Sanoat Qurilish Bank (Uzbekistan Industrial and Construction Bank) and the Development Bank of the Republic of Belarus.

A Basic Loan Agreement was signed between Sanoat Qurilish Bank (Uzbekistan Industrial and Construction Bank) and the Development Bank of the Republic of Belarus.

The purpose of this agreement is to support entrepreneurs in implementing Uzbekistan – Belarus investment projects in telecommunications, transport, agriculture, as well as creating additional jobs by financing the purchase of high-tech equipment, goods and services from the Republic of Belarus.

In particular, the agreement provides for development and expansion of long-term partnership between banks in trade finance and documentary business.

“We would like to thank our colleagues from the Development Bank of the Republic of Belarus for their efforts on development of mutually beneficial cooperation and high professionalism. We are confident that the signing of this agreement is an important step towards the development of partnership between our banks”, said Deputy Chairman of the Board of Sanoat Qurilish Bank Zafar Azimov.