At the FCI conference in Tashkent, Uzbekistan, Trade Finance Global spoke to Neil McKain, Country Manager for Uzbekistan at IFC, Davron Ismailov, CEO of Yangi Finance, and Sanjar Nosirov, Director of the Credit Institutions Regulation Methodology Department at the Central Bank of the Republic of Uzbekistan, to learn about the growth of cross-border and domestic trade within Central Asia and what factoring and supply chain finance can do to help.

Small and medium-sized enterprises (SMEs) are the backbone of any national economy, a characteristic that is pertinent in Uzbekistan. Not only do SMEs account for almost 50% of the national GDP, but they also employ almost 80% of the workforce—the biggest source of employment in a nation where unemployment is high, at around 7%. 

Trade Finance Global (TFG) served as the media partner for the event, supporting knowledge sharing in the global financial community. In Central Asia’s most populous city, industry leaders tackled the… read more →

Small-and-Medium-sized Enterprises (SMEs) in Uzbekistan enhanced through line of credit from ITFC & Asia Alliance Bank (AAB).

Central Asia is becoming increasingly attractive to investors. It has abundant natural resources and is strategically located, leading to its reputation as a region with untapped economic potential.

Trade Finance Global (TFG) is proud to announce its media partnership with the European Bank for Reconstruction and Development (EBRD) Trade Facilitation Programme (TFP) Information Session and Annual Awards Ceremony,… read more →

The latest issue of TFG’s Trade Finance Talks, ‘Time’s Ticking for Tech’, is out now!

To better understand the industry, the impact of geopolitics, and the role that government support in facilitating a digital-first future, Trade Finance Global (TFG) interviewed Tulkin Yusupov, executive director of Sanoat Energetika Guruhi (SEG), the largest oil and gas company in Uzbekistan.