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ITFC extends $15m line of financing facility to Uzbek bank

The International Islamic Trade Finance Corporation (ITFC), has signed a trade finance agreement with Uzbek Industrial and Construction Bank for a total amount of $15 million.

ICD and JSCB sign USD25million agreement to finance SMEs in Uzbekistan

ICD and JSCB sign USD25million agreement to finance SMEs in Uzbekistan On this occasion, Mr Sejiny commented that: “This Line of Financing facility will be utilized by Uzbek Industrial and Construction Bank to support economic activities and recovery during the Covid-19 pandemic and beyond”. Devdiscourse News Desk | Jeddah | Updated: 23-02-2021 15:21 IST | Created: 23-02-2021 15:21 IST Mr Sakhi Annaklichev, Chairman of the Management Board of JSCB praised the quality of the partnership between the two institutions. Image Credit: Twitter(@isdb group) Mr Ayman Amin Sejiny, the CEO of the Islamic Corporation for the Development of the Private Sector (ICD) (ICD-idb.org), and Mr Sakhi Annaklichev, the Chairman of the Management Board of Uzbek Industrial and Construction Bank (JSCB), signed a USD 25 Million Shari ah-compliant Line of Financing Agreement which will be utilized by JSCB to local finance private sector businesses, especially Small and Medium Enterprises (SMEs).

Signing of a USD 25 Million Line of Financing Agreement between the Islamic Corporation for the Development of the Private Sector and JSCB "Uzbek Industrial and Construction Bank" | Database of Press Releases related to Africa

APO | 23 February 2021 Signing of a USD 25 Million Line of Financing Agreement between the Islamic Corporation for the Development of the Private Sector and JSCB “Uzbek Industrial and Construction Bank” Mr. Ayman Amin Sejiny, the CEO of the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-idb.org), and Mr. Sakhi Annaklichev, the Chairman of the Management Board of Uzbek Industrial and Construction Bank (JSCB), signed a USD 25 Million Shari’ah-compliant Line of Financing Agreement which will be utilized by JSCB to local finance private sector businesses, especially Small… Read more on https://icd.africa-newsroom.com/press/signing-of-a-usd-25-million-line-of-financing-agreement-between-the-islamic-corporation-for-the-development-of-the-private-sector-and-jscb-uzbek-industrial-and-construction-bank?lang=en

MIL-OSI Africa: Signing of a USD 25 Million Line of Financing Agreement between the Islamic Corporation for the Development of the Private Sector and JSCB "Uzbek Industrial and Construction Bank"

Signing of a USD 25 Million Line of Financing Agreement between the Islamic Corporation for the Development of the Private Sector and JSCB "Uzbek Industrial and Construction Bank"

Mr. Ayman Amin Sejiny, the CEO of the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-idb.org), and Mr. Sakhi Annaklichev, the Chairman