21 october 2024 y. -
y.
Within the framework of SIBOS 2024 financial forum Kapitalbank and Landesbank Baden-Wuerttemberg signed a financing agreement for the amount of 20 million Euros on October 21. The funds will be used to support trade operations of the bank's clients with European exporters. The agreement will strengthen trade relations between Uzbekistan and EU countries. Foreign trade contracts will be guaranteed by the Austrian Control Bank (OeKV).
— The agreement on financing foreign trade contracts will provide Uzbekistan's entrepreneurs with key tools for successful and safe international trade, — stated Sardor Ismailov, First Deputy Chairman of Kapitalbank's Management Board. — Agreements with leading international financial institutions are part of our strategy to support our business clients in international markets. We believe in the great prospects of international integration and are confident that through this co-operation our clients will have access to the best international practices and the opportunity for significant growth and strengthening of their positions in the global market.
About Landesbank Baden-Wuerttemberg
LBBW, Landesbank Baden-Wuerttemberg is a German international universal commercial bank. It is one of the ten largest banks in Germany, the largest state (Landes) bank. Some of LBBW's main clients are such large and well-known companies as Mercedes-Benz, Porsche, BOSCH, Siemens, BOSS, TRUMPF and others.
About Oesterreichische Kontrollbank (OeKB)
The Oesterreichische Kontrollbank (OeKB) is the official Export-Credit Agency of Austria (ECA) and provides support to Austrian exporters and their foreign clients.
About SIBOS
SIBOS Conference and Exhibition is the largest banking event for sharing experiences and making collective decisions on issues of money, securities and trade management. It has been held since 1978, organized by the SWIFT, the international interbank information transfer and payment system. This year, Kapitalbank has become the first official participant-exhibitor of the forum among Uzbek banks.
— The agreement on financing foreign trade contracts will provide Uzbekistan's entrepreneurs with key tools for successful and safe international trade, — stated Sardor Ismailov, First Deputy Chairman of Kapitalbank's Management Board. — Agreements with leading international financial institutions are part of our strategy to support our business clients in international markets. We believe in the great prospects of international integration and are confident that through this co-operation our clients will have access to the best international practices and the opportunity for significant growth and strengthening of their positions in the global market.
About Landesbank Baden-Wuerttemberg
LBBW, Landesbank Baden-Wuerttemberg is a German international universal commercial bank. It is one of the ten largest banks in Germany, the largest state (Landes) bank. Some of LBBW's main clients are such large and well-known companies as Mercedes-Benz, Porsche, BOSCH, Siemens, BOSS, TRUMPF and others.
About Oesterreichische Kontrollbank (OeKB)
The Oesterreichische Kontrollbank (OeKB) is the official Export-Credit Agency of Austria (ECA) and provides support to Austrian exporters and their foreign clients.
About SIBOS
SIBOS Conference and Exhibition is the largest banking event for sharing experiences and making collective decisions on issues of money, securities and trade management. It has been held since 1978, organized by the SWIFT, the international interbank information transfer and payment system. This year, Kapitalbank has become the first official participant-exhibitor of the forum among Uzbek banks.