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Xalq Bank raises $150 million from Deutsche Bank

Joint-Stock Commercial Bank Xalq Bank has raised a credit line worth 1.54 trillion soums ($150 million) from German Deutsche Bank AG. This was reported on the Unified Portal of Corporate Information.

The transaction was approved by the Bank's Supervisory Board. The loan amount has comprised 32.52% of Bank's net assets. The Bank has not disclosed the purposes of the loan.

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