ADB allocates a loan for US$12 million to the korzinka.uz chain

Tashkent, Uzbekistan (UzDaily.com) -- The Asian Development Bank (ADB) provided Anglesey Food with a US$12 million loan.

Anglesey Food is the owner of the korzinka.uz supermarket chain.

According to ADB, the loan in Uzbek soums was provided for three years with a 12-month grace period.

The project will provide substantial liquidity to korzinka.uz to build resilience to the devastating economic impact of the COVID-19 pandemic and support food security.