TASHKENT, Uzbekistan, January 17. Uzbekistan
and Rothschild & Co. are in talks about the ongoing privatization
process of Uzpromstroybank., Trend reports.
The matter was reviewed at a meeting between member of the
supervisory board of Rothschild & Co., Ariel Malard de Rothschild,
with Deputy Prime Minister and Minister of Economy and Finance of
Uzbekistan Jamshid Kuchkarov.
With the privatization of Uzpromstroybank taking center stage,
both parties exchanged perspectives on Rothschild&Co’s
expertise in bank privatization and delved into how to apply
effective strategies in the current endeavor.
Both sides also focused on ongoing socio-economic reforms in
Uzbekistan, with particular emphasis on elevating the banking and
financial sector, as well as the privatization of state-owned
banks. The delegation of Rothschild & Co. emphasized the importance
of modernization and transformation in both the banking and energy
sectors.
At the conclusion of the meeting, the parties agreed to deepen
their cooperation and work systematically toward achieving the
objectives set out in their discussions.
Rothschild&Co., a global financial holding company, provides
investment banking, corporate banking services, private equity
investments, asset management, and private banking services.
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