Uzpromstroybank and Tajik banks sign cooperation agreements

Tashkent, Uzbekistan ( -- Uzpromstroybank (Uzbek Industrial and Construction Bank) and Tajik Orionbank signed an agreement for US$ 20 million during the state visit of Uzbek President Shavkat Mirziyoyev to Tajikistan.

In order to strengthen cooperation and further development, as well as improve the system of interbank settlements between Uzpromstroybank and Tajik banks Amonatbank, Orionbank and Eskhatabank, interbank agreements on establishing correspondent relations in US dollars and euros were signed.

In addition, an agreement on cooperation in the field of trade finance was signed, which envisages for the financing of the export of Uzbek goods and services to the Republic of Tajikistan.

The credit lines will finance trade projects and should help to increase the export of goods and services in various sectors of the Republic of Uzbekistan.

Currently, Tajik entrepreneurs can apply to Orienbank for the use of these credit lines in order to conclude import contracts with Uzbek suppliers.

The parties agreed on further strengthening of relations between banks on the basis of mutual trust and friendship.

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