Ipak Yuli Bank

Uzbekistan Urban MSMEs Boost Project - ADB Financing

Borrower(s)
Ipak Yuli Bank
Industry
Social projects/Gender empowerment/Womenowned businesses
Area of finance
Development Bank Finance
Region
Russia CIS
Russia CIS
Countries
Uzbekistan

Project Overview

ADB and Ipak Yuli Bank have signed a UZS625 billion loan ($50 million) to enhance access to financing for urban MSMEs in Uzbekistan. Most of the loan proceeds will be allocated to support financial inclusion for MSMEs, 60% outside the capital of Tashkent. At least 20% of the loan will be directed...

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Deal Volume
$50m
Financial Close
03/08/2024
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Tranches

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