Uzbekistan and LBBW Discuss Expansion of Investment and Financial Cooperation
2026-02-17 19:15:00 / News
Deputy Minister of Investment, Industry and Trade of the Republic of Uzbekistan Ilzat Kasimov held a meeting with Didem Ozgurel, Executive Director of Landesbank Baden-Württemberg (LBBW).
During the negotiations, particular note was made of the Bank’s more than ten years of successful operations in Uzbekistan’s financial market and its participation in financing over 60 investment projects across various sectors. It was emphasized that LBBW has established itself as a reliable financial partner in supporting the country’s technological upgrading and industrial modernization.
The parties discussed prospects for expanding direct lending, refinancing mechanisms through commercial banks of Uzbekistan, as well as corporate financing backed by export credit agencies. An agreement was reached to identify priority projects, conduct joint assessments, and ensure their phased implementation.
Following the meeting, the sides underscored the importance of elevating cooperation to a new level, developing a comprehensive roadmap, and increasing financing for high-tech and export-oriented projects.