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Abu Dhabi Commercial Bank looks to further invest in Uzbekistan’s energy sector

GenevaTimes by GenevaTimes
June 10, 2025
in Europe
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Abu Dhabi Commercial Bank looks to further invest in Uzbekistan’s energy sector
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Abu Dhabi Commercial Bank looks to further invest in Uzbekistan’s energy sector

TASHKENT, Uzbekistan, June 10. JSC
Uzbekneftegaz held a meeting with a delegation led by Asif
Karmalli, Executive Director of International Corporate Banking at
Abu Dhabi Commercial Bank (ADCB), and discussed potential financing
for promising investment projects, Trend reports.

The parties discussed various opportunities, including the
establishment of a revolving credit line to support future
initiatives.

In recent years, practical cooperation between the two sides has
steadily developed. Notably, ADCB is participating in a club loan
agreement signed on May 1, 2025, with a contribution of $100
million.




Furthermore, in May of this year, ADCB served as one of the
joint bookrunners among international banks in the successful
placement of $850 million in Eurobonds on the London Stock
Exchange.

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