EBRD $40 million loan package supports Uzbekistan’s SMEs

TASHKENT (TCA) — The European Bank for Reconstruction and Development (EBRD) is supporting the business activity of local small and medium-sized enterprises (SMEs) in Uzbekistan affected by the coronavirus pandemic. The latest US$ 40 million finance facility, extended to the country’s fourth largest lender, Ipoteka Bank, will also provide support to women-led businesses, the EBRD said on September 30.