OPEC Fund provides US$35 million loan to Asaka Bank to support food security and climate action in Uzbekistan
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1 Articles
OPEC Fund provides US$35 million loan to Asaka Bank to support food security and climate action in Uzbekistan
The OPEC Fund for International Development (the OPEC Fund) is extending a US$35 million loan to Uzbekistan’s State Joint-Stock Company Asaka Bank (Asaka Bank) to enhance food security and expand financing for climate action projects in the Central Asian country. The funding will help increase access to finance for agriculture and strengthen the bank’s climate finance portfolio. OPEC Fund President Abdulhamid Alkhalifa said: “Our partnership wit…
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