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Uzbekistan Today newspaper reported that National Bank of Uzbekistan for Foreign Economic Relations, Asaka Bank, Uzpromstroybank and Bank Ipak Yoli will participate in financing investment projects of small firms with attracting resources of international financial institutes in 2011.
These banks are planning to attract credit lines of the Chine State Development Bank, Islamic Corporation for Private Sector Development, German development bank KfW, Slovakia Eximbank and German’s Landesbank.
The resources will be directed to increase potential of local private sector. The volume of attracted loan agreements will be US$126 million in 2011.