Austrian Raiffeisen Bank to hold a banking summit in Uzbekistan


TASHKENT (TCA) — A banking summit of one of the largest financial institutions in the world, the Austrian Raiffeisen Bank, will be held in Tashkent on June 26, the Uzbek Jahon information agency reported with reference to the Embassy of Uzbekistan in Vienna.

This event is the logical continuation of presentation of the economic and investment potential of Uzbekistan for representatives of more than 50 leading customer companies of Raiffeisen Bank, the Ministry of Finance, the Austrian Control Bank, and the Federal Economic Chamber held on May 7 in Vienna.

As the management of Raiffeisen Bank emphasizes, the summit is an evidence of growing interest in the world in the results of effective socio-economic reforms implemented in Uzbekistan aimed at improving the financial and investment climate and increasing the welfare of people.

It is expected that Tashkent Banking Summit will serve to strengthen partnership between financial institutions of the two countries, as well as help familiarize experts of Uzbekistan with the latest trends in international capital markets, including loan issues, new types of financial settlements, trade and export lending, compliance requirements and opening markets of depository and clearing services.

The Austrian delegation will be headed by the Head of the Global Financial Institutions & Sovereigns Department of the Raiffeisen Bank International AG Axel Summer.

Sergey Kwan