18:01 / 03.03.2023

Standard Chartered Bank plans to enter market of Uzbekistan

The British bank is interested in projects in metallurgy, energy and infrastructure development.

Photo: MIIT

Standard Chartered Bank intends to enter the Uzbek market, the MIIT reported.

On March 2, Deputy Minister of Investment, Industry and Trade Sarvar Khamidov met with representatives of Standard Chartered Bank in Tashkent.

At the meeting, the parties discussed the issue of attracting investments from the British bank in the implementation of new projects in such industries as metallurgy, energy and infrastructure development.

The sides also discussed practical aspects of Standard Chartered Bank’s participation in promoting export financing products and the development of the national capital market in Uzbekistan.

Following the meeting, the parties agreed to maintain regular contact within the framework of the designated format of interaction in order to reach practical agreements.