South Korean financial group BANK Financial Group is interested in entering the Uzbek market

    Investments 9 June 2022 1770

    The Ministry of Investment and Foreign Trade held a meeting with a delegation of the BANK Financial Group group headed by a member of the Board of Directors of BNK Financial Group - Executive Director of BNK Capital Lee Doo-ho.

    During the negotiations, the issues of the company's investment plans regarding entry into the banking and financial market of Uzbekistan were discussed in detail. The foreign party provided detailed information about the company's activities and work experience on an international scale.

    In the context of mutual interest, special attention was paid at the meeting to the substantive discussion of the legislative framework of Uzbekistan, which enshrines the protection of the rights of foreign investors operating in the country.

    Following the talks, the parties agreed to hold a number of new meetings, the purpose of which is to help the South Korean financial group enter the Uzbek market in a constructive dialogue. To do this, a joint plan of interaction will be developed, the press service of the MIVT of the Republic of Uzbekistan reports.

    For reference: BNK Financial Group is a South Korean financial group consisting of Busan Bank, Kyongnam Bank, BNK Capital and other financial companies, formed in 2011 in Busan (South Korea). BNK Financial Group has 379 branches and 114 branches in South Korea, as well as 28 branches and 3 representative offices abroad. BNK Financial Group's assets amount to more than 100 billion US dollars.