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According to a Sept. 4, 2023, presidential decree from Uzbekistan, Joint-Stock Commercial Bank “Business Development Bank” was established as the successor to Joint-Stock Commercial Bank “Qishloq Qurilish Banki.”
The bank’s primary objective is to finance small business projects and offer comprehensive support services for entrepreneurs. To further that mission, the Small Business Development Fund LLC was created within the bank. Through 14 regional small business support centers, entrepreneurs receive integrated services, including investment facilitation, business development financing, training programs and advisory consulting.
The bank also provides a full range of retail banking services for individuals. Through a network of 40 service offices nationwide, customers can access auto loans, mortgage solutions, microloans, foreign currency exchange, banking cards, cash management services and international money transfers.