Uzbekistan

Pharmaceutical and banking sectors: flexible financial solutions under discussion

This dialogue opens up opportunities for banks to expand a quality portfolio, and for entrepreneurs, it provides financial opportunities suitable for business development.

Pharmaceutical and banking sectors: flexible financial solutions under discussion

A meeting is taking place with the participation of Central Bank Chairman Timur Ishmetov, Director of the Pharmaceutical Industry Development Agency Abdulla Azizov, as well as representatives of the banking sector and the pharmaceutical industry.

 

 

During the meeting, issues such as identifying necessary financial products for pharmaceutical enterprises, in-depth study of the sector's real needs by banks, and developing practical solutions tailored to them are being discussed.

 

 

It was noted that the pharmaceutical sector requires a unique approach rather than a standard one. In particular, instruments such as working capital financing, equipment leasing, trade finance, bank guarantees, and currency risk management are important for the sustainable development of the sector.

 

 

It was stated that this dialogue opens up opportunities for banks to expand their quality portfolio, and for entrepreneurs to access financial options suitable for business development. As a result, this approach serves to support production, employment, technological renewal, and the stability of the domestic market.

 

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Certificate: â„–1346 Issue date: 28.05.2020

Idea author: Firdavs Fridunovich Abdukhalikov

Founder: "Master Media Production and Broadcast"