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This project provides financing to Ipak Yuli Bank JSCIB to provide access to working capital for micro, small and medium-sized enterprises through lending.
According to Bank documents, Ipak Yuli Bank's portfolio consists of clients in manufacturing, trade, agriculture, services, construction, transportation and communication sectors. IFC states that investments under this project will likely have low to medium environmental and social risks.
The IFC is proposing to provide a loan of US$15 million, and a guarantee of up to US$2 million through its Global Trade Finance Program (GTFP).
JSICB Ipak Yuli
Tursunboy Makhkamov
Head of Risk Management Department
+9989 71 1407804
t.makhkamov@ipakyulibank.uz
2, A. Qodiriy street, 100017, Tashkent city, Uzbekistan
www.ipakyulibank.uz
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/