The Islamic Corporation for The Development of The Private Sector (ICD) and Microcreditbank Sign US$30 Million Deal to Boost Small and Medium Enterprises (SMEs) in Uzbekistan
This is the third time ICD has extended such a facility to Microcreditbank, showing its strong commitment to supporting Islamic finance and private sector development in its member countries
Third Line of Finance Agreement between ICD (http://www.ICD-ps.org) and Microcreditbank to support private sector development in Uzbekistan; Funds will be used to provide microfinance services and finance eligible private sector enterprises, especially SMEs; Agreement shows commitment to promoting Islamic finance and financial inclusion in Uzbekistan. A new US$30 million Line…