Loan agreements with Korea Eximbank

On May 4th in Tashkent National Bank of Uzbekistan and State Joint-Stock Commercial Bank Asaka have signed agreements with Export-Import Bank of Korea on allocation of US$ 50 mln and US$ 25 mln respectively. These lines of credit are aimed to support financially investment projects that are realized in FIEZ “Navoi”. The Export-Import Bank of Korea (Korea Eximbank) is an official agency providing comprehensive export credit and guarantee programs to support Korean enterprises in conducting overseas business. The bank also provides overseas investment credit, natural resources development credit, import credit, and information services related to business opportunities abroad.