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ITFC, PJSCB Orient Finans launch trade finance facility in Uzbekistan

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ITFC, PJSCB Orient Finans launch trade finance facility in Uzbekistan
Friday 22 January 2021 12:39 CET | News
The ITFC has signed a USD 10 million Line of Trade Finance Agreement with PJSCB Orient Finans to support private sector and SME development in Uzbekistan.
The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank (IsDB) Group. This trade finance facility will allow ITFC to bring more to its support effort to Uzbekistan as the private sector in the country seeks to recover from the social and economic impact of the coronavirus pandemic.
This financing will be used for the benefit of the private sector, including SMEs. In addition to the line of finance to PJSCB Orient Finans, ITFC has approved seven other Lines of Trade Finance Facilities for the total amount of USD 56 million for local banks in Uzbekistan. ....

International Islamic Trade Finance Corporation , Islamic Development Bank Isdb Group , Trade Finance Agreement , Islamic Development Bank , Trade Finance Facilities , சர்வதேச இஸ்லாமிய வர்த்தகம் நிதி நிறுவனம் , இஸ்லாமிய வளர்ச்சி வங்கி , வர்த்தகம் நிதி வசதிகள் ,

International Islamic Trade Finance Corporation (ITFC) / Press release | International Islamic Trade Finance Corporation approves US$10 million Line of Trade Finance Facility for Uzbekistan based Private Joint Stock Commercial Bank 'Orient Finans'

International Islamic Trade Finance Corporation approves US$10 million Line of Trade Finance Facility for Uzbekistan based Private Joint Stock Commercial Bank ‘Orient Finans’
This financing will support private sector and SME development in the wake of COVID-19 pandemic
TASHKENT, Uzbekistan, January 21, 2021/APO Group/
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$10 million Line of Trade Finance Agreement with PJSCB Orient Finans to support private sector and SME development in Uzbekistan.
Commenting on the Line of Trade Finance Facility,
Eng. Hani Salem Sonbol, ITFC CEO, said: ....

Toshkent Shahri , Tokhir Djunaydullaev , Oreint Finans , Hani Salem Sonbol , Stock Commercial Bank Orient Finan , International Islamic Trade Finance Corporation , Islamic Development Bank Isdb Group , Trade Finance Facility , Private Joint Stock Commercial Bank , Orient Finan This , Islamic Development Bank , Trade Finance Agreement , Finans Chairman , Trade Finance Facilities , This Financing Will Support Private Sector And Sme Development In The Wake Of Covid 19 Pandemic , ஸ்டாக் வணிகரீதியானது வங்கி ஆரியெஂட் நிதி , சர்வதேச இஸ்லாமிய வர்த்தகம் நிதி நிறுவனம் , வர்த்தகம் நிதி வசதி , ப்ரைவேட் கூட்டு ஸ்டாக் வணிகரீதியானது வங்கி , ஆரியெஂட் நிதி இது , இஸ்லாமிய வளர்ச்சி வங்கி , பீணன்ஸ் தலைவர் , வர்த்தகம் நிதி வசதிகள் ,

International Islamic Trade Finance Corporation approves US$10 million Line of Trade Finance Facility for Uzbekistan based Private Joint Stock Commercial Bank 'Orient Finans'

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Last updated:
21/01 - 14:50
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$10 million Line of Trade Finance Agreement with PJSCB Orient Finans to support private sector and SME development in Uzbekistan.
Commenting on the Line of Trade Finance Facility,
Eng. Hani Salem Sonbol, ITFC CEO, said:
“This US$10 million trade finance facility for PJSCB Orient Finans will allow ITFC to enhance its support to Uzbekistan as the private sector in the country seeks to recover from the social and economic impact of the coronavirus pandemic. The development impact that these lines of trade finance have are widespread and indicative of ITFC’s unbending commitment to Uzbekistan, its people and its socio-economic growth.” ....

Tokhir Djunaydullaev , Pjscborient Finans , Oreint Finans , Hani Salem Sonbol , International Islamic Trade Finance Corporation , International Trade Finance Corporation , Islamic Development Bank Isdb Group , Islamic Development Bank , Trade Finance Agreement , Trade Finance Facility , Finans Chairman , Trade Finance Facilities , Uzbekistan Distributed , Islamic Trade Finance Corporation , சர்வதேச இஸ்லாமிய வர்த்தகம் நிதி நிறுவனம் , சர்வதேச வர்த்தகம் நிதி நிறுவனம் , இஸ்லாமிய வளர்ச்சி வங்கி , வர்த்தகம் நிதி வசதி , பீணன்ஸ் தலைவர் , வர்த்தகம் நிதி வசதிகள் , உஸ்பெகிஸ்தான் விநியோகிக்கப்பட்டது , இஸ்லாமிய வர்த்தகம் நிதி நிறுவனம் ,

ITFC signs US$10m deal with PJSCB Orient Finans to support SMEs in Uzbekistan

ITFC signs US$10m deal with PJSCB Orient Finans to support SMEs in Uzbekistan
In addition to the line of finance to PJSCB Orient Finans, ITFC has approved seven other Lines of Trade Finance Facilities for the total amount of US$56 million for local banks in Uzbekistan. Devdiscourse News Desk | Tashkent | Updated: 21-01-2021 21:56 IST | Created: 21-01-2021 21:56 IST
In addition to the line of finance to PJSCB Orient Finans, ITFC has approved seven other Lines of Trade Finance Facilities for the total amount of US$56 million for local banks in Uzbekistan. Image Credit: Twitter(@ITFCCORP)
The International Islamic Trade Finance Corporation (ITFC) (ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$10 million Line of Trade Finance Agreement with PJSCB Orient Finans to support the private sector and SME development in Uzbekistan. ....

Tokhir Djunaydullaev , Oreint Finans , Hani Salem Sonbol , International Islamic Trade Finance Corporation , Islamic Development Bank Isdb Group , Islamic Development Bank , Trade Finance Agreement , Trade Finance Facility , Finans Chairman , Trade Finance Facilities , With Inputs , Pjscb Orient Finans , சர்வதேச இஸ்லாமிய வர்த்தகம் நிதி நிறுவனம் , இஸ்லாமிய வளர்ச்சி வங்கி , வர்த்தகம் நிதி வசதி , பீணன்ஸ் தலைவர் , வர்த்தகம் நிதி வசதிகள் , உடன் உள்ளீடுகள் ,