Shanghai, China – 14 May 2018. Annexure hosted a meeting with UzPromStroyBank (Uzbek Industrial and Construction Bank) where parties discussed about investment opportunities and recent reforms in Uzbekistan. The bank presented several investment projects to Annexure while Annexure shared with the bank the sectors and type of projects that Annexure’s investor network is interested in. Parties agreed to mutually cooperate in attracting foreign investors into Uzbekistan by signing Memorandum of Understanding (MoU). MoU highlights that the bank gives Annexure an access to its client network as well as project database while Annexure helps the bank promote its projects within its foreign investor community. Annexure also plans to hold investment/business forum in Shanghai, China and Tashkent, Uzbekistan as well as investment tour to project sites in Uzbekistan.
About Uzbek Industrial and Construction Bank (UzPromStroyBank)
Established in 1922, Uzbek Industrial and Construction Bank is the 3rd largest bank in Uzbekistan in terms of assets. The bank serves the leading corporates from key sectors of Uzbekistan such as Oil & Gas, Energy, Textile, Chemical, etc. Its total assets as of 2017 is 3 bln USD with 45 branches, 46 mini-banks as well as over 300 banks correspondents worldwide.
About Annexure Financial Solutions
Annexure Financial Solutions is a HK-based consulting company with offices in Shanghai, China and Tashkent, Uzbekistan. The company offers 1) Strategy Consulting & Corporate Advisory and 2) Equity research services to its clients. The Tashkent office of the company, opened in March 2018, offers Consulting & Corporate Advisory services to clients ranging from small to large corporations and government entities in Uzbekistan. The services of the company can help both potential investors and target companies in Uzbekistan. It can help potential foreign investors who want to enter Uzbek markets, to acquire shares of or merge with the local companies in Uzbekistan.