Establishment of cooperation with foreign financial institution
The Management of JSC “KDB Bank Uzbekistan” actively participated in the 2025 Islamic Development Bank Group Annual Meetings held from May 19 to 22 in Algiers. This event was a significant milestone in advancing the strategic partnership with Islamic Development Bank.
During the meeting, the bank’s management engaged in productive discussions with the International Islamic Trade Finance Corporation (ITFC). As a result, the parties agreed to establish a credit line of USD 5 million from ITFC to JSC “KDB Bank Uzbekistan”. The credit line, with a term of up to 18 months, aims to support and expand trade financing activities.
JSC “KDB Bank Uzbekistan” will continue its efforts to strengthen cooperation with foreign financial institutions in order to attract funding and support the enterprises in Uzbekistan.