FIF - CA WiB Programme - Ipoteka Bank (EBRD-51910)

  • Uzbekistan
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 2, 2020
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
JSCMB Ipoteka-bank ("IB").
The holder of the loan, grant, or other investment.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 10.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 15.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ EBRD website

Updated in EWS Oct 14, 2020

Disclosed by Bank Oct 5, 2020

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Project Description

According to EBRD site infromation, provision of loan-10 million USD would be provided to JSCMB Ipoteka-bank ("IB") under the FIF Central Asian Women in Business Programme.


The main objectives of the provided investment is support of female entrepreneurship including women's active participation in business and etc.  This project is considered to be response to Covid-19 crisis, as support to IB's MSMEs, including women-led borrowers. 





Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Financial Intermediary
A financial intermediary is a commercial bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds.
Private Actors
Private Actors Description


Ipoteka Bank is one of the leading financial institutions in Uzbekistan, ranking 4th by total assets with market share of around 8.7 per cent at YE2019. The bank provides the whole range of commercial banking services via its wide network of 39 branches and over 100 minibanks covering the whole country. IB has multiple shareholder structure with the largest stakes held by Uzbekistan Fund for Reconstruction and Development and Uzbekistan's Ministry of Finance.

Contact Information


Rustam (78) 147-47-13+998 (78) 150-98-25https://www.ipotekabank.uzJSCMB Ipoteka-bank
Shakhrisabz st.30 100000 Tashkent, Republic of Uzbekistan


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