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SQB, EBRD discuss prospects for cooperation
16:12 / 2021-06-05

Managers of JSCB Sanoatqurilishbank have met with the EBRD delegation represented by Managing Director for Financial Institutions Francis Malige and Managing Director for Equity Hassan El Khatib.

The parties discussed issues of the current state of cooperation within the framework of the projects of JSCB Sanoatqurilishbank, prospects for the development of partnerships, as well as the possibility of assisting the EBRD in reforming the banking and financial sector.

It was noted that recent years have been fruitful in terms of developing cooperation with the EBRD, as evidenced by the signing of 5 bilateral agreements over the past 3 years. 

The parties are working on the introduction of new financial products into the bank’s activities, such as the Green Economy Financing Mechanism and the Risk Sharing Mechanism, which will certainly enhance the range of services provided by Sanoatqurilishbank for small and medium-sized businesses and private entrepreneurship, as well as provide wide access to financing enterprises involved in the production and provision of services.

The EBRD also provides comprehensive assistance in the Bank’s transformation process.

UzA