An electronic platform for the exchange of information with the Bank of Germany will be created

    Digitalization 10 July 2023 4550

    A meeting was held between representatives of Uzbekneftegaz JSC and Deutsche Bank AG (Germany) on the development of cooperation.

    Initially, the delegation of the Bank of Germany was familiarized with the projects currently being implemented in Uzbekneftegaz JSC, transformation processes, and the results of ongoing reforms to achieve economic stability.

    After that, the foreign bank presented analytical data on accounting for the risks of credit projects, the current status of the syndicated loan project for financing promising projects and Eurobonds placed by Uzbekneftegaz JSC on the international financial market.

    Currently, Deutsche Bank AG is preparing a draft concept for the creation of an electronic platform to accelerate the exchange of information with Uzbekneftegaz JSC.

    In the future, this platform will become a platform for discussing financial instruments offered by the bank to increase the attractiveness of the investment market of Uzbekistan and attract investors.

    According to the press service of Uzbekneftegaz JSC, following the talks, the parties expressed interest in expanding cooperation and financing joint projects.

    For reference: Deutsche Bank AG is one of the largest banks in Germany in terms of assets and a major participant in the foreign exchange market, which serves 28 million customers through branches and representative offices in 59 countries around the world.