
One of the largest private banks in Uzbekistan, Kapitalbank, has signed a bilateral trade finance agreement with the German bank Helaba (Landesbank Hessen-Thuringen) for a total amount of €15 million.
The agreement was formalized during the Euromoney 2025 International Economic Forum, held in Vienna from January 14 to 15. This strategic partnership aims to support export-import operations and strengthen economic ties between the two countries. The agreement includes the provision of credit resources to facilitate the implementation of international trade projects and foster business development in both nations.
“The signing of this agreement highlights the high level of trust that international financial institutions place in our bank,” said Sardor Ismailov, First Deputy Chairman of the Management Board of Kapitalbank. “We are confident that this collaboration with Helaba will open new horizons for our clients’ foreign economic activities and make a significant contribution to the development of international trade.”
The agreement with Helaba reflects Kapitalbank’s stable position in the global financial market. Strengthening the partnership between the two banks marks an important milestone in expanding trade relations and stimulating economic growth through international cooperation.
About Helaba
Landesbank Hessen-Thuringen GZ (Helaba) is a German universal bank established under public law, with a regional focus on the federal states of Hesse, Thuringia, North Rhine-Westphalia, and Brandenburg. As of December 31, 2023, Helaba rep
The agreement was formalized during the Euromoney 2025 International Economic Forum, held in Vienna from January 14 to 15. This strategic partnership aims to support export-import operations and strengthen economic ties between the two countries. The agreement includes the provision of credit resources to facilitate the implementation of international trade projects and foster business development in both nations.
“The signing of this agreement highlights the high level of trust that international financial institutions place in our bank,” said Sardor Ismailov, First Deputy Chairman of the Management Board of Kapitalbank. “We are confident that this collaboration with Helaba will open new horizons for our clients’ foreign economic activities and make a significant contribution to the development of international trade.”
The agreement with Helaba reflects Kapitalbank’s stable position in the global financial market. Strengthening the partnership between the two banks marks an important milestone in expanding trade relations and stimulating economic growth through international cooperation.
About Helaba
Landesbank Hessen-Thuringen GZ (Helaba) is a German universal bank established under public law, with a regional focus on the federal states of Hesse, Thuringia, North Rhine-Westphalia, and Brandenburg. As of December 31, 2023, Helaba rep
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