Eskhata Bank has taken two major steps toward expanding business opportunities in Tajikistan by deepening its collaboration with the European Bank for Reconstruction and Development (EBRD).
As part of the Risk Sharing Framework (RSF) initiative, Eskhata Bank and the EBRD yesterday signed a new agreement that increases the bank’s financing limit by an additional US$7 million, bringing the total to US$15 million. Under this agreement, the EBRD will cover up to 50% of risks on select lending projects.
This move is expected to significantly enhance the bank’s capacity to provide credit to small and medium-sized enterprises (SMEs), including entrepreneurs who have previously faced barriers to financing due to limited loan sizes. It also aims to support new economic initiatives across the country.
In a parallel development, the Central Asian Financial Summit hosted the launch ceremony for the global initiative “WE Finance Code” — a project led by the EBRD to promote inclusive financing for women entrepreneurs.
Eskhata Bank became one of the first signatories and supporters of the WE Finance Code in Tajikistan, reaffirming its commitment to fostering an inclusive environment for women-led businesses.
The WE Finance Code is an international movement spanning 14 countries and backed by eight leading development organizations. Its mission is to expand access to finance for women entrepreneurs worldwide.
“We believe that access to finance should be equal for everyone. Supporting women-led projects is an investment in the sustainable development of the national economy,” Eskhata Bank stated.
