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Finance
16/08/2010
Asia-Invest Bank opens credit line to InFinBank
Asia-Invest Bank opens credit line to InFinBank
Tashkent, Uzbekistan (UzDaily.com) --
Asia-Invest Bank joint stock commercial bank (CJSC), working in the Russian Federation, opened credit line for Invest Finance Bank (InFinBank) private open joint stock commercial bank.
The Uzbek bank said the credit line was opened to carry out loan-deposit and trade finance operations. The sum of credit line was not disclosed.
Asia-Invest Bank is official agent of Uzbekistan in Russia. The bank was founded in 1996. It is member of the Inter-state commission on economic cooperation between Russia and Uzbekistan.
Invest Finance Bank has been working in Uzbekistan’s financial market after it received license from Central Bank on 22 November 2008. The bank recorded net income for 3.007 billion soums in 2009. Own capital reached 7,219 billion soums and equity capital made up 6 billion soums.
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