Anrong Rating Invited to Visit ANORBANK in Uzbekistan
On January 24th, 2025, at the invitation of ANORBANK of Uzbekistan, Anrong Credit Rating Co., Ltd. (referred to as “Anrong Rating”) and Anrong (Hong Kong) Credit Ratings Co., Ltd. (ARHK) paid a friendly visit to ANORBANK in Uzbekistan.
Mr. Hu Chao, RO of Anrong (Hong Kong) Credit Ratings Co., Ltd., Mr. Zeng Zhengxin, General Manager of the Shenzhen Branch of AnRong Credit Rating Co., Ltd., and others had productive discussions with Mr. Safarov Muzaffar Abdinazarovich, Vice Chairman of ANORBANK's Management Committee, Mr. Bekhzod Miryunusov, Minister of Finance, and Ms. Nozigul Ismatova, Acting Head of the International Relations Department.
Mr. Zeng Zhengxin expressed his sincere gratitude for the invitation extended by ANORBANK and provided a detailed introduction to the development of China's bond markets, the credit rating industry in China, the history of Anrong Rating’s development, and its potential role in the Belt and Road Initiative in the future. Mr. Hu Chao presented a detailed explanation of Anrong Rating’s Sovereign Credit Rating Methods, System, and Models, as wellas its Banking Industry Credit Rating Methods, System, and Models, highlighting the role and significance of credit ratings in international financial cooperation and globaltrade. He also shared Anrong Rating’s successful cases and experiences in the credit rating market.
ANORBANK warmly welcomed the visit of Anrong Rating and expressed appreciation for the development of China’s credit rating industry. The bank showed great interest in the role and application of credit rating reports in bank risk management and investment and lending decision-making processes. ANORBANK expressed its eagerness to establish a closer cooperation mechanism with Anrong Rating.
Both sides also engaged in in-depth discussions on several hot topics in the current international bond and rating markets, and they unanimously agreed to collaborate and jointly enhance their influence in Central Asia and globally.
Representatives from both sides introduced themselves to each other in a friendly atmosphere (Photographed in Tashkent on January 24th, 2025)
From January 23rd to 25th, 2024, at the invitation of President Xi Jinping of the People's Republic of China, President Shavkat Mirziyoyev of the Republic of Uzbekistan paid a state visit to the People's Republic of China.
The two heads of state held talks in a warm and friendly atmosphere, exchanging in-depth views on China-Uzbekistan relations, further deepening comprehensive cooperation between the two countries, and discussing international and regional issues of mutual concern, reaching broad consensus. Both sides highly praised the "Joint Statement between the People's Republic of China and the Republic of Uzbekistan" signed on May 18th, 2023, in Xi'an, and the "Development Plan for the Comprehensive Strategic Partnership Between the People's Republic of China and the Republic of Uzbekistan for the New Era (2023–2027)."
China and Uzbekistan will seize the opportunity of entering a new phase of high-quality development under the Belt and Road Initiative to further deepen and expand cooperation in the fields of economy, trade, investment, and technological innovation. They will actively explore feasible paths for the liberalization and facilitation of bilateral trade, laying a solid foundation for their comprehensive strategic partnership. Both sides reiterated their willingness to closely collaborate within the framework of the Green Silk Road, with a particular focus on green financing, green technologies, smart agriculture, water-saving technologies, desertification prevention, and soil degradation.
Anrong Rating has always actively responded to the national “Going Global” and “Belt and Road” initiatives. This exchange is expected to promote pragmatic cooperation between Anrong Rating and ANORBANK in the field of credit rating, contributing to the high-quality development of economic cooperation between China and Uzbekistan under the Belt and Road Initiative, and adding new dimensions to the cooperation. The visit not only deepened mutual understanding and trust between the two parties but also laid a foundation for future business cooperation. ANORBANK, as a bank with significant influence in Uzbekistan and even the Central Asian region, has long been committed to strengthening cooperation with international financial institutions. Anrong Rating, with its professional rating techniques, rich industry experiences, and leading international perspective, has earned the recognition and trust of ANORBANK. Both parties expressed their intent to take this exchange as an opportunity to further advance their pragmatic cooperation and jointly contribute to China-Uzbekistan economic cooperation under the Belt and Road Initiative.
A group photo of the attending representatives (Photographed in Tashkent on January 24, 2025)
ANORBANK, established in September 2020, is the first digital bank in Uzbekistan. It is dedicated to providing innovative banking solutions and offering a wide range of financial services to individuals and businesses.
