Axendo is pleased to extend our commercial and trade credit solutions in new regions in Central and South Asia.
Responding to market demand, we are providing solutions for corporates and banks in high growth markets including Uzbekistan, Azerbaijan, Tajikistan, Mongolia and Bangladesh. Uzbekistan, as an example, has pursued ambitious trade and price liberalization reforms in recent years and, according to the World Bank, achieved 5.5 percent in 2022.
This initiative is spearheaded by our colleague Nargiza Karimova who is specialised in the Middle East, Central and South Asia and has accumulated 25 years experience in banking and relationship management. Her broad experience stems from time working with leading global and national banks including Dubai Islamic Bank, Noor Bank, ABN Amro, RBS and the National Bank of Uzbekistan.
We are now presenting solutions to unlock liquidity and access to credit for its clients in many emerging markets that are currently witnessing strong growth in trade and infrastructure development.
Axendo has a strong belief in these emerging markets and we are committed to supporting the ongoing development of the trade ecosystem and economic development across the region by offering diversified solutions in procurement, commodity trading and trade credit.
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