Uzbek “Asaka” bank and Tajik “Bank of Eskhata” signed an agreement on partnership
Beijing. March 14. Silkroadnews - The joint-stock commercial bank Asaka (Uzbekistan) and Open Joint-Stock Company “Bank of Eskhata” (Tajikistan) signed the Partnership Agreement, the Uzbek Telegraph Agency (UzTAG) reports.
The agreement is aimed at further implementation of the arrangements in the financial cooperation between the two countries and provides to fund the deals related to the export of goods and services from Uzbekistan to Tajikistan. The trade finance transactions realization is supposed to be carried out within the allocated credit limit.
The document is a continuation of cooperation between the banks started in 2017 with establishment of direct correspondent relations for the development of interbank settlements between the two states’ business circles.