Uzbek, African banks sign agreement worth $50M
By Trend
The National Bank for Foreign Economic Activity of Uzbekistan and the African Export-Import Bank (Afreximbank) signed an agreement on cooperation worth $50 million.
The agreement envisages cooperation with Afreximbank in trade finance, as well as the opening of credit lines to finance the export of goods and services from Egypt and other African countries to Uzbekistan, National Bank for Foreign Economic Activity of Uzbekistan said Sept. 5.