This project provides financing to JSCMB Ipoteka-bank for loans to small and medium-sized enterprises in Uzbekistan, and for trade finance activities.
This loan will be split into two: a loan for up to USD$ 25 million for small and medium-sized sub-borrowers, and up to USD$ 5 million for trade finance.
Ipoteka Bank is one of the leading financial institutions in Uzbekistan, ranking 4th by total assets and 5th by loan portfolio as of YE2016. The bank provides the whole range of commercial banking services via its wide network of 38 branches and over 700 outlets covering the whole country. IB has multiple shareholder structure with the largest stakes held by state-owned "Uznefteproduct" and Uzbekistan's Ministry of Finance.
+998 71 150 89 61
+998 71 150 67 97
30, Shakhrisabz street, Tashkent, Uzbekistan, 100000
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at email@example.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.