EDB to allocate US $50 million to support producers in Uzbekistan
Almaty, 26 May 2026.
The Eurasian Development Bank (EDB) and Invest Finance Bank JSC have signed an agreement to open a US $50 million non-revolving credit line. The EDB funds will be used to finance projects in Uzbekistan's market.
The credit line will allow Invest Finance Bank JSC to increase its project financing in Uzbekistan by facilitating access to loans for potential borrowers.
The cooperation between the EDB and Invest Finance Bank JSC is aimed at strengthening Uzbekistan's economy and developing its various sectors. The funds allocated under the first tranche will be used to finance the activities of one of the leading telecommunications companies in Uzbekistan.
Additional Information:
The Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For more than 20 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. By the end of December 2025, the EDB’s cumulative portfolio comprised 326 projects with a total investment of US $19.6 billion. The Bank's portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing, and mechanical engineering. The Bank’s operations are guided by the UN Sustainable Development Goals and ESG principles.
As part of its 2022–2026 Strategy, the EDB is implementing 3 mega-projects: The Water and Energy Complex of Central Asia, The Eurasian Transport Network, and The Eurasian Commodity Distribution Network.
Invest Finance Bank JSC is a private commercial bank in Uzbekistan specializing in lending to small and large businesses and providing individuals with retail loans. The bank's primary focus in business lending is on replenishing the working capital of manufacturers and trading companies, as well as on financing investment projects.
The EDB Media Centre:
+7 (727) 244 40 44, ext. 4774 and 2160