On 19 September, Grandall Uzbekistan Office signed a strategic cooperation agreement with Hamkorbank, a leading commercial bank in Uzbekistan, marking the launch of in-depth cooperation between the two parties in the areas of finance and legal services.
Hamkorbank, one of the largest foreign-funded joint-stock commercial banks in Uzbekistan, has been in operation since 1991 with 157 branches across the country. With its good reputation and a broad customer base, the bank has become the preferred partner for over 150 Chinese-funded enterprises registered in Uzbekistan.
According to the agreement, the parties intend to deepen the cooperation through providing diversified financing services among others, supporting capital appreciation and risk management of Chinese-funded enterprises and expanding premium client resources.