OREANDA-NEWS  On 11 June was announced, that Uzpromstroybank open joint-stock commercial bank signed a credit line agreement worth USD 12 mln with the Islamic Corporation for the Development of the Private Sector (ICD).

The Uzbek bank said the credit line is attracted in line with the principles of Islam financing. The bank said the ICD allocated USD 3 million for initial stage of the project.

Khalid Al-Aboodi, general manager of ICD, and chairman of the board of Uzpromstroybank Ulugbek Mustafoev signed the corresponding document.

The credit line is opened to organize new production capacities in industry, agriculture, transport and information technologies.