📋 Tender Overview
Project Number: 49545
Company Name: IPAK YULI BANK JSIB
Date SPI Disclosed: Jun 28, 2024
Country: Uzbekistan
Region: Central Asia and Turkiye
Projected Board Date: Jul 29, 2024
Environmental Category: FI-2
Status: Pending Approval
Department: Regional Industry FIG MCT
Industry: Financial Institutions
Sector: Commercial Banking - SME Finance
Project Description
The proposed investment is a 3-year senior loan of up to US$80 million to Ipak Yuli Bank (IYB or the Bank) to support the Bank’s lending to Micro, Small and Medium Enterprises (MSMEs) with at least 25% of the total proceeds to be earmarked for on-lending to women-owned MSMEs (WMSMEs).
Total Project Cost and amount and nature of IFC's Investment: The proposed project involves a 3-year senior loan of up to US$80 million consisting of (i) an up to US$25 million UZS-linked loan, (ii) an up to US$25 million loan denominated in USD, and (iii) an up to US$30 million loan denominated in USD or UZS to be mobilized from other investors.
Financing Sources:
2) World Bank (WB)
1818 H Street, NW Washington, DC 20433 USA
Tel : (202) 473-1000
https://www.worldbank.org/
