«Uzpromstroybank» offers loans on a preferential basis for manufacturers of building materials
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According to the Decree of the head of state «On additional measures to increase the industrial potential of the regions» dated June 9, 2021, «Uzpromstroybank» offers new loans on a preferential basis for manufacturers of construction materials.
These loans will be allocated to large corporate clients of the Bank and members of the Association «Uzpromstroymaterialy» for the following purposes:
- for the purchase of equipment, fixed assets and construction – for a period of 5 years, with a grace period of up to 2 years;
- for replenishment of working capital-for a period of up to 18 months.
Representatives of small and medium-sized businesses with the status of a legal entity can use the loan for the following purposes:
- for the purchase of equipment, fixed assets and construction;
- to replenish working capital.
In addition, the government will allocate 400 billion rubles. soums – for the development of industrial infrastructure in specialized areas, 100 billion rubles. sumy – for the implementation of geological exploration. In addition, the Fund for Reconstruction and Development has been tasked with ensuring the allocation of a $200 million credit line to «Uzpromstroybank» to finance projects in the construction materials industry.