The Islamic Corporation for the Development of the Private Sector (ICD) and Private Joint Stock Bank "Trustbank" Partner to Provide USD 20 Million In Financing for Private Sector Businesses in Uzbekistan
This Line of Finance facility marks the third extended by ICD to Trustbank and aims to promote Islamic finance, improve financial inclusion, and support private sector development in Uzbekistan
ICD (https://ICD-ps.org) and Trustbank have signed a USD 20 million Line of Finance Agreement. The facility will be used to finance private sector businesses, with a focus on Small and Medium Enterprises (SMEs), in Uzbekistan. The Line of Finance aims to promote Islamic finance, improve financial inclusion, and support private…