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Management of Uzbek Business Development Bank gets acquainted with Hungarian experience
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The decision of the President of the Republic of Uzbekistan dated 14 September 2023 “On measures of financial and institutional support for the development of small businesses” sets the task of studying the experience of foreign countries and introducing best practices in the development of small businesses.
Uzbekistan’s Business Development Bank collaborates internationally
To this end, the JSCB Business Development Bank is actively collaborating internationally. International experts from the European Bank for Reconstruction and Development, the Asian Development Bank and KPMG were involved in the work of the bank. Cooperation has been established with Sberbank of Russia and the Federal Corporation for the Development of Small and Medium Enterprises and MSP Bank on financing small businesses and digitalizing the financial services provided, and improving the skills of employees.
Yesterday, a group of executives from the Business Development Bank got acquainted with the experience of the Hungarian Republic in financial support for small businesses.
In particular, bank representatives visited the offices of OTP Bank, the leader of the Hungarian financial market, where they got acquainted with the processes and services offered to entrepreneurs.
