Inhabitants of small towns in Kazakhstan hope for state support
Al-Baghdadi's speech full of flaws, Iraqi clerics say
Pakistan tightens security for Eid ul Fitr
Uzbekistan steps up healthcare expenditures
Tajik bank to join EBRD in aiding small, mid-sized firms
DUSHANBE – Bank Eskhata has become the first Tajik bank to join the European Bank for Reconstruction and Development (EBRD)’s Medium Sized Co-Financing Facility (MCFF), the EBRD said in a February 29 statement.
The programme is meant “to support small and medium-sized businesses in Tajikistan,” the statement said.
By joining the MCFF, Bank Eskhata, the country’s fifth-largest bank, “will receive up to US $3m (14.3m TJS) in loan and risk sharing financing from the EBRD,” the statement said. The MCFF “will assist Bank Eskhata in meeting the financial needs of its growing small and medium-sized borrowers by sharing risk exposure and co-financing Eskhata’s best clients with the EBRD,” according to the EBRD.