JSC National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU), together with the leading Swiss bank Credit Suisse AG, successfully held a road show for institutional investors by presenting an Information Memorandum on the activities and achievements of the NBU.

Following the event, the NBU signed a loan agreement to attract a syndicated credit line for 100 million euros from a consortium of foreign banks – Credit Suisse AG, AKABank and KfW, in which Credit Suisse AG acts as a financial agent and the main creditor.

The credit line is attracted for 5 years without a state guarantee, without country content, on attractive financing terms for €100 million.

This credit line will finance investment projects in the textile, food, chemical and pharmaceutical industries, transport and agriculture, whose activities are aimed at producing high value-added products and expanding the production capacities of existing enterprises.

The key advantage of the agreement is the possibility of lending to the working capital of the Bank’s clients, as well as financial support for the activities of SMEs and the service sector.

UzA