Trust Bank and the International Committee for the Red Cross have signed an agreement worth $30 million.
On November 26, 2024, an agreement was signed between Trustbank and the Islamic Corporation for the Development of the Private Sector (ICDPS) for a total of $30 million.
https://uzdaily.uz/ru/chab-trastbank-i-ikrchs-podpisali-soglashenie-na-30-mln/2024-11-27 08:47:37
The agreement continues the successful partnership that began in 2018 when the International Committee of the Red Cross (ICRC) allocated an initial line of funding of $7 million to Trustbank.
Over the years, the amount of funds provided by the ICRC has increased to $37 million, and under six agreements with various international organizations, 97 projects have been financed in diverse sectors such as textiles, pharmaceuticals, public catering, electric vehicle trade, and others.
This agreement will be a significant step in supporting small and medium-sized businesses in Uzbekistan, fostering job creation and entrepreneurship development.