Fif Yib Uzpsb Tender

Project ID: 56240
Status" Approved
Location: Uzbekistan
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: BE
Approval Date: 15 Apr 2025
Disclosure date: 29 Apr 2025

Project Description
The provision of an unsecured senior loan of up to US$ 25 million in the local currency equivalent or US$ to Uzpromstroybank JSCB (UzPSB). The loan will be provided in two equal tranches of up to US$ 12.5 million each, the second tranche will be uncommitted. The loan will be provided under the Youth in Business Financing Programme for Central Asia (YiBP CA), rolled into a blended finance programme under the Financial Intermediaries Framework ("FIF").

Project Objectives
The aim of the loan is to (i) launch a new financial product targeting the youth segment thus expanding UzPSB's product offering. The new product will encompass both financing and non-financial services (NFS) targeted at young entrepreneurs, which will increase their access to finance and skills in the economy; (ii) diversify UzPSB's funding base.

Transition Impact
ETI score:71

(FW)

The transaction with UzPSB will be the third transaction under the YiBP CA in Uzbekistan. The project will contribute to the overall Programme objectives and support its Inclusive (Primary) and Competitive (Secondary) qualities. The facility is expected to increase lending to young entrepreneurs, support UzPSB capacity building and promote skills transfer for young business owners/managers.