{"id":83891,"date":"2025-12-28T11:27:38","date_gmt":"2025-12-28T09:27:38","guid":{"rendered":"https:\/\/gulftech-news.com\/en\/?p=83891"},"modified":"2025-12-28T11:27:40","modified_gmt":"2025-12-28T09:27:40","slug":"empowering-uzbek-small-and-medium-enterprises-smes-islamic-corporation-for-the-development-of-the-private-sector-icd-provides-10-million-line-of-financing-to-anor-bank-for-sme-financing-in-uzbek","status":"publish","type":"post","link":"https:\/\/gulftech-news.com\/en\/2025\/12\/28\/empowering-uzbek-small-and-medium-enterprises-smes-islamic-corporation-for-the-development-of-the-private-sector-icd-provides-10-million-line-of-financing-to-anor-bank-for-sme-financing-in-uzbek\/","title":{"rendered":"Empowering Uzbek Small and Medium Enterprises (SMEs): Islamic Corporation for the Development of the Private Sector (ICD) Provides $10 Million Line of Financing to Anor Bank for SME Financing in Uzbekistan"},"content":{"rendered":"\n

This pioneering transaction establishes ICD as the first multilateral development bank to provide a Line of Finance to Anor Bank, creating a strategic cornerstone for accelerating private sector growth in Uzbekistan<\/em><\/strong><\/p>\n\n\n\n

Anor Bank<\/a><\/strong>, a leading digital bank in Uzbekistan, has signed a Line of Financing agreement with ICD (https:\/\/ICD-PS.org\/<\/a>). Under the agreement, ICD will provide a USD 10 million Line of Finance facility to Anor Bank. The facility aims to support small and medium-sized enterprises (SMEs) in Uzbekistan and enhance access to Islamic financial solutions for the private sector, in line with Anor Bank\u2019s mission to promote sustainable economic growth across the country.<\/p>\n\n\n\n

This financing facility represents a significant milestone in advancing Anor Bank\u2019s strategic objectives, particularly in strengthening SME development, expanding private sector financing, promoting Islamic finance, and contributing to the diversification of Uzbekistan\u2019s economy.<\/p>\n\n\n\n

The initiative is fully aligned with ICD\u2019s strategic focus on fostering SME growth and supporting private sector development as a key driver of sustainable economic progress across its member countries.<\/p>\n\n\n\n

The agreement was signed by Dr. Khalid Khalafallah, Acting Chief Executive Officer of ICD, and Mr. Sherzod Akramov, Chairman of the Management Board of Anor Bank.<\/p>\n\n\n\n

This pioneering transaction establishes ICD as the first multilateral development bank to provide a Line of Finance to Anor Bank, creating a strategic cornerstone for accelerating private sector growth in Uzbekistan. It paves the way for a new era of collaboration and investment.<\/p>\n\n\n\n

Distributed by APO Group on behalf of Islamic Corporation for the Development of the Private Sector (ICD).<\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

This pioneering transaction establishes ICD as the first multilateral development bank to provide a Line of Finance to Anor Bank, creating a strategic cornerstone for accelerating private sector growth in Uzbekistan Anor Bank, a leading digital bank in Uzbekistan, has signed a Line of Financing agreement with ICD (https:\/\/ICD-PS.org\/). Under the agreement, ICD will provide …<\/p>\n","protected":false},"author":2,"featured_media":83892,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4716],"class_list":["post-83891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-anor-bank"],"yoast_head":"\nEmpowering Uzbek Small and Medium Enterprises (SMEs): Islamic Corporation for the Development of the Private Sector (ICD) Provides $10 Million Line of Financing to Anor Bank for SME Financing in Uzbekistan - Gulf Tech News<\/title>\n<meta name=\"description\" content=\"Empowering Uzbek Small and Medium Enterprises (SMEs): Islamic Corporation for the Development of the Private Sector (ICD) Provides $10 Million Line of Financing to Anor Bank for SME Financing in Uzbekistan\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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