ANORBANK signed USD 10 Million Credit Line Agreement with the Islamic Corporation for the Development of the Private Sector (ICD)

ANORBANK signed USD 10 Million Credit Line Agreement with the Islamic Corporation for the Development of the Private Sector (ICD)

ANORBANK participates in the annual meetings of the Islamic Development Bank Group (IDB) held in Algeria. The events are organized under the slogan "Diversification of economies - enriching life" and are one of the key international platforms in the field of Islamic finance and sustainable development.

Within the framework of the forum, ANORBANK signed an agreement with the ICRC to provide a $10 million financing line. The financing will be based on the Murabaha model and will be aimed at supporting socially significant and cost-effective projects in the private sector of Uzbekistan.

This agreement opens up new opportunities for ANORBANK to expand international cooperation, attract quality investments, and develop Islamic financing. In addition, the initiative will contribute to supporting small and medium-sized businesses and improving the investment climate in the country.

ANORBANK continues to strengthen its position in the international financial arena, taking another important step towards global partnership.

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