Uzbekistan and French bank UBAF discuss development of interbank cooperation

    Finance 5 November 2025 809

    On November 4, 2025, Advisor to the Minister of Investment, Industry and Trade of the Republic of Uzbekistan Abdulla Hashimov held a meeting with representatives of the Union de Banques Arabes et Françaises (UBAF), regional directors Olivier Grisard and Olivier Topuz.

    During the negotiations, the development strategy of UBAF, the company's international achievements, as well as the prospects for expanding its activities in Uzbekistan were discussed.

    The parties paid special attention to the issues of intensifying Uzbekistan's foreign trade relations, expanding export-import directions and strengthening cooperation with the countries of Europe, East and South Asia, the Middle East and Africa.

    The meeting participants also exchanged views on modern financial instruments used to support international trade: documentary letters of credit, international guarantees, trade and export credits, as well as opportunities for interaction with export credit agencies and multilateral financial institutions.

    Following the meeting, the parties expressed mutual interest in further developing interbank cooperation, introducing innovative export financing mechanisms and improving the skills of financial sector specialists.