QQB and ADB: New Stage of Cooperation

09.09.2020 12:30

Uzbekistan’s Qishloq Qurilish Bank has identified the main directions of its business model as a result of the reforms of the Government of Uzbekistan aimed at development of the banking sector and introduction of best international practices.

In particular, the QQB has worked out its development strategy for 2020-2025 in cooperation with international consulting organizations. The strategy includes the introduction of international standards of corporate governance in the bank’s transformation, optimization of the business process using modern information and communication technologies and expanding the range and quality of banking services.
 
Cooperation between Qishloq Qurilish Bank and the Asian Development Bank in implementing this process has entered a new stage. According to the joint agreement, ADB consultants will provide practical assistance in improving the quality of banking services and corporate governance.
 
Qishloq Qurilish Bank and Asian Development Bank are long-term partners. The partnership began in 2012. Agreements worth more than 6 million have been signed between the partners in rural housing program and million worth projects in livestock development.
 
The new stage of cooperation will serve to provide the population with modern and qualitative banking services.
 

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