Standard Chartered and MIGA announce €114mn financing for Uzbekistan’s largest bank NBU

17.05.2024

Standard Chartered and the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group have announced a €114 mn financing initiative for Uzbekistan’s largest bank, National Bank of Uzbekistan (NBU). This marks MIGA’s first guarantee against the risk of non-honouring financial obligations by a state-owned enterprise in Uzbekistan, as announced by...