04.09.2020 17:53
Uzbekistan’s Joint-Stock Commercial Bank Qishloq Qurilish Bank recently signed an agreement to attract a new syndicated loan in the amount of million and 14 million euros.
These funds were successfully spent, and the debt to creditors, despite the situation with coronavirus in the country and in the world, was fully and timely paid off by Qishloq Qurilish Bank. The organizers of the transaction were PJSC Transcapitalbank, PJSC Promsvyazbank (Russia).
These funds will certainly make it possible to provide working capital for the bank’s clients, including those involved in the export of manufactured products, during a pandemic.
As of August 1, the total capital of Qishloq Qurilish Bank amounted to 2,334.2 billion UZS and increased by 888.3 billion UZS compared to the beginning of the year. The authorized capital of the bank by the reporting period amounted to 1,855.2 billion UZS.
In August this year, Fitch Ratings has affirmed Joint-Stock Commercial Bank Qishloq Qurilish Bank's (QQB) Long-Term Issuer Default Ratings (IDRs) at 'BB-'. The Outlook was Stable.
