EBRD and Ipoteka Bank Invest $10 Million in Uzbek Card Production Firm

The European Bank for Reconstruction and Development partnered with Ipoteka Bank to provide a $10 million risk-sharing facility to Vades Group, enabling the expansion of its payment card manufacturing operations in Uzbekistan.

5 Sept, 09:45 — 5 Sept, 09:45

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uz-dailyLow10h ago

EBRD and Ipoteka Bank Fund Vades Group With US$10M

EBRD and Ipoteka Bank signed a US$10 million risk-sharing agreement with Vades Group to expand card production in Uzbekistan.

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EBRD and Ipoteka Bank Invest $10 Million in Uzbek Card Production Firm

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EBRD and Ipoteka Bank Fund Vades Group With US$10M

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