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November 13, 2020

Deutsche Bank AG acted as Initial Mandated Lead Arranger for the inaugural syndicated loan facility in the international loan markets of Joint-Stock Commercial Xalq Bank of the Republic of Uzbekistan

Deutsche Bank AG acted as Initial Mandated Lead Arranger for the inaugural syndicated loan facility in the international loan markets of Joint-Stock Commercial Xalq Bank of the Republic of Uzbekistan, one of the oldest and largest commercial and retail banks in Uzbekistan. The 13-month, USD 102.5 million syndicated loan facility was executed in September 2020.

Following the press release issued by Xalq Bank, Claire Coustar, Head of CEEMEA Client Coverage & Head of EM Structuring at Deutsche Bank, commented:
“We were very pleased to bring Xalq Bank to the international syndicated loan markets for the first time. We look forward to continuing our work to provide access to international capital markets for the country’s corporate and financial sector borrowers, increasing our footprint in Uzbekistan and the broader Central Asia region.”



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