EBRD expands support for SME growth in Uzbekistan with new loans, grants

Shorouk Express TASHKENT, Uzbekistan, January 27. The European Bank for Reconstruction and Development (EBRD) is proud to announce the signing of two new loans in Uzbekistan, aimed at fostering growth in the country’s small and medium-sized enterprises (SMEs) while promoting sustainability, Managing Director of SME Finance and Development at EBRD Zsuzsanna Hargitai wrote on LinkedIn,…

Read More

Azerbaijan’s Nakhchivan tallies its preferential loans flow

Shorouk Express BAKU, Azerbaijan, January 10. The Entrepreneurship Development Fund in Azerbaijan’s Nakhchivan Autonomous Republic allocated preferential loans totaling over 4.2 million manat ($2.4 million) to finance 38 projects in 2024, Trend reports via the Ministry of Economy of the Nakhchivan. The Ministry indicated that a substantial 73 percent of the financial allocations were earmarked…

Read More